Aalo Atomics has signed a fuel fabrication contract with Global Nuclear Fuel, a GE Vernova-led alliance with Hitachi, to supply low-enriched uranium fuel rods for the Aalo-X reactor ahead of its targeted 2026 criticality at Idaho National Laboratory...
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
Portfolio companies, Radiant Nuclear and Aalo Atomics, are among a select group of reactor developers that are progressing under DOE’s accelerated Reactor Pilot Program, targeting criticality by July 4, 2026, through streamlined federal authorization pathways.
Published by Nucleation Capital in Advanced Nuclear, Department of Energy, NEWS, Nuclear competitiveness, Nuclear R&D, Portfolio Venture, Private companies, Trump Administration
Copenhagen Atomics signed a Letter of Intent with Rare Earths Norway to secure future access to thorium from Norway’s Fensfeltet deposit to support long-term fuel supply planning ahead of commercial deployment...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, International Collaboration, NEWS, Nuclear R&D, Portfolio Venture, Private companies
SHINE Technologies signed a Letter of Intent with Swedish biotech Affibody AB to supply non-carrier-added Lutetium-177 for clinical development of its radioligand therapy pipeline, including Phase 1 candidate ABY-271, with potential commercial supply to be explored if the program advances...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Fusion, Medical Isotopes, Neutron services, NEWS, Nuclear R&D, Portfolio Venture, Private companies
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
Deep Isolation appointed Joseph Nelson as Chief Financial Officer, bringing public company and capital markets experience as the company advances its full-scale demonstration program and prepares for public listing.
Published by Nucleation Capital in Advanced Nuclear, NEWS, Nuclear R&D, Nuclear waste, Portfolio Venture, Private companies, US competitiveness, US technological leadership
Norsk Kjernekraft, a collaborative partner to Blykalla, recently secured approval from Norwegian authorities to start an impact assessment for a proposed multi-SMR plant in Aure and Heim, initiating the first step in the country’s nuclear licensing process...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Government, Government support, International Collaboration, International support for nuclear, LINKS, Nuclear competitiveness, Nuclear innovation, Nuclear R&D
Focused Energy’s plan to transform Germany’s decommissioned Biblis nuclear plant into a fusion engineering campus and prototype power site was featured in industry coverage, highlighting brownfield reuse, regulatory reform, and utility partnership as pillars of the strategy...
Published by Nucleation Capital in Advanced Nuclear, Energy transition, Fusion, Future of Energy, International Collaboration, International support for nuclear, NEWS, Nuclear innovation, Nuclear R&D, Politicians supporting nuclear, Portfolio Venture, Private companies
Portfolio company, Copenhagen Atomics, has completed two years of continuous high-temperature molten salt pump operation, surpassing 100,000 combined pump runtime hours across its test infrastructure and generating durability data critical for molten salt reactor deployment...
Published by Nucleation Capital in Advanced Nuclear, Company Milestone, NEWS, Nuclear innovation, Nuclear R&D, Portfolio Venture, Private companies
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