Energy Startup News #25

newcleo Reactor Design Accepted for UK Assessment
The UK’s nuclear regulator has accepted newcleo’s lead-cooled fast reactor into the Generic Design Assessment process — a key milestone for the UK’s advanced reactor ambitions.
🔗 https://www.world-nuclear-news.org/articles/newcleo-reactor-design-accepted-for-uk-assessment

Standard Nuclear Emerges from the Ashes of Failed Phoenix Nuclear
After the collapse of Phoenix Nuclear, former team members launch Standard Nuclear with a fresh SMR concept and backing from industry veterans.
🔗 https://techcrunch.com/2025/06/11/standard-nuclear-emerges-from-the-ashes-of-a-failed-startup/

Proxima Fusion Raises €130M for Europe’s Largest Fusion Round
German startup Proxima Fusion secures €130M to develop a next-gen stellarator. Backed by Cherry Ventures and Balderton, it’s Europe’s biggest private fusion raise to date.
🔗 https://www.ft.com/content/c87de84b-b285-47e5-b7a2-5e8a95d9937c

Oklo to Supply Microreactor for Alaska Air Base
Oklo has been selected to provide a microreactor to Eielson Air Force Base in Alaska — a first-of-its-kind deployment for military clean energy use.
🔗 https://www.reuters.com/business/energy/oklo-moves-closer-nuclear-power-agreement-with-us-air-force-2025-06-11/

World Bank Ends Nuclear Energy Funding Ban After 65 Years
In a major shift, the World Bank will now support life extensions and infrastructure for nuclear power, citing growing demand and climate goals.
🔗 https://www.ft.com/content/d80b68ec-3da8-42ea-82ee-4cab22b31a69

Rolls-Royce SMR Selected for UK Government Backing
Rolls-Royce’s small modular reactor has been chosen for fast-track deployment in the UK, alongside six other advanced nuclear proposals.
🔗 https://www.gov.uk/government/news/rolls-royce-smr-selected-to-build-small-modular-nuclear-reactors

Amazon Joins Nuclear Surge with 1.92 GW AWS Power Deal
Amazon signs agreements to procure 1.92 GW of nuclear power to fuel AWS data centers — one of the largest-ever nuclear PPAs by a tech company.
🔗 https://techcrunch.com/2025/06/13/amazon-joins-the-big-nuclear-party-buying-1-92-gw-for-aws/

Xcimer Hits Laser Fusion Milestone with Record Energy Output
Laser fusion startup Xcimer has achieved a key technical milestone, bringing its multi-beam system closer to breakeven.
🔗 https://www.axios.com/pro/climate-deals/2025/06/10/xcimer-laser-fusion-milestone

Commonwealth Fusion Systems Joins Global ITPA Collaboration
CFS joins the International Tokamak Physics Activity group, strengthening ties with the ITER community and boosting fusion knowledge-sharing.
🔗 https://www.iter.org/node/20687/commonwealth-fusion-systems-joins-itpa

Plug Power to Supply 2 GW Electrolyser System for $5.5B Green Plant in Uzbekistan
Plug Power will provide 2 GW of electrolyser capacity for a new Allied Green Ammonia project in Uzbekistan, supported by the government. The facility will produce green urea, diesel, and sustainable aviation fuel.
🔗 https://ru.investing.com/news/company-news/article-93CH-2791353