Investors: Paradigm, Caffeinated Capital, Point72 Ventures, Shine Capital, Industrious Ventures
Nuclear microreactor developer developing compact advanced reactors for defense and space applications raised Series C to accelerate commercialization toward military installations deployment by 2028.
Three private reactors clear final safety gate, targeting July 4 criticality
Aalo, Antares, and Valar have cleared DOE safety reviews and entered final readiness phase; if approved by July 4, they become the first private reactors to operate outside NRC licensing.
Nominal raises $80M, lands $53M Air Force contract
Hardware testing platform Nominal closed Series B-2 at $1B valuation, then secured $53M Air Force IDIQ to standardize DoD test infrastructure, the real inflection point.
Air Force names first microreactor bases, targets 2030 deployment
The U.S. Air Force selected Buckley SFB and Malmstrom AFB to host nuclear microreactors by 2030, marking the first permanent on-site reactors at operational military installations and signaling a strategic pivot away from grid dependence.