Texas has opened $350 million in state funding to develop advanced nuclear energy and associated technologies, including an advanced nuclear energy supply chain and associated manufacturing capacity.
The Nuclear Regulatory Commission approved PG&E's 20-year license extension for Diablo Canyon Nuclear Power Plant, allowing operations into the mid-2040s pending California legislative approval, and overall marks a major step in extending the state’s largest source of zero-carbon power...
Published by Nucleation Capital in Advanced Nuclear, Climate change, Electrification, Energy abundance, Government, LINKS, Nuclear competitiveness, Nuclear financing, Nuclear Regulatory Commission, Nuclear-inclusive energy policy
Blykalla is expanding its partnership with Oklo to support U.S. reactor deployment, including planned investment of up to $100–200M and engineering collaboration on DOE pilot program projects...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Department of Energy, Fission, International Collaboration, International support for nuclear, NEWS, Nuclear competitiveness, Nuclear financing, Nuclear innovation, Nuclear R&D, Portfolio Venture, Private companies, Transatlantic News
DOE officials told a Senate committee that three to four reactors under the accelerated pilot program could reach criticality by July 4, 2026, with developers including Nucleation's Aalo and Radiant among those advancing through key safety and construction milestones...
Published by Nucleation Capital in Advanced Nuclear, Department of Energy, Fission, NEWS, Nuclear competitiveness, Nuclear financing, Nuclear innovation, Nuclear R&D, Politicians supporting nuclear, Portfolio Venture, Private companies, US competitiveness, US technological leadership
Blykalla is proceeding with the next phase of planning for a proposed SMR park in Sweden, targeting six lead-cooled reactors as the project moves toward permitting and potential deployment in the early 2030s...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Data centers & Digital Infra, Fission, NEWS, Nuclear competitiveness, Nuclear financing, Nuclear innovation, Nuclear R&D, Portfolio Venture, Private companies
Four new countries—China, Brazil, Italy, and Belgium—have endorsed the Declaration to Triple Nuclear Energy by 2050, totaling 38 existing formal signatories in pursuing low-carbon, reliable, and scalable nuclear power. The move emphasizes advanced reactor technologies, including small modular reactors and fourth-generation designs.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Capital reallocation, Climate Costs, Electrification, Energy transition, Fission, Government, Government support, International Collaboration, International support for nuclear, LINKS, Nuclear competitiveness, Nuclear financing, Nuclear R&D, Nuclear-inclusive energy policy, Politicians supporting nuclear, Solving climate
After more than a decade of policies that sidelined nuclear, the EU has finally begun to acknowledge the misstep. Ursula von der Leyen said Europe made a “strategic mistake” in turning away from nuclear power as the European Commission unveiled plans for new financial support and a strategy in an effort to deploy small modular reactors across the continent in the early 2030s——a modest but notable signal of shifting sentiment, even as member states remain divided and nuclear policy itself remains largely unchanged...
Published by Nucleation Capital in Advanced Nuclear, Capital reallocation, Carbon markets, Energy transition, Government, Government support, International support for nuclear, LINKS, Nuclear competitiveness, Nuclear financing, Nuclear-inclusive energy policy
SHINE Technologies has raised $240M to expand its nuclear medicine operations, including large-scale production of Lutetium-177 used in targeted cancer therapies, following its recent acquisition of Lantheus’ SPECT business...
Published by Nucleation Capital in Advanced Nuclear, Company Milestone, Fusion, Medical Isotopes, Neutron services, NEWS, Nuclear financing, Nuclear R&D, Portfolio Venture, Private companies, Venture capital support for nuclear
In an already oversubscribed Series D round, Radiant has added Lockheed Martin as a strategic investor, reinforcing defense-sector alignment ahead of first reactor startup and commercialization of its Kaleidos microreactor...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Fission, National Defense, NEWS, Nuclear financing, Nuclear R&D, Portfolio Venture, Private companies, US competitiveness, US technological leadership
CORE POWER convened its largest U.S. maritime nuclear summit to date in D.C., bringing together DOE, NRC, maritime regulators, classification societies, and industry participants to advance deployable pathways for floating nuclear power plants and nuclear propulsion, including licensing, classification, liability, safeguards, and ship integration...
Published by Nucleation Capital in Advanced Nuclear, Department of Energy, Fission, Government, NEWS, Nuclear competitiveness, Nuclear financing, Nuclear innovation, Nuclear maritime propulsion, Nuclear R&D, Portfolio Venture, Private companies, US competitiveness, US technological leadership
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