Aalo Atomics has become the second company in Nucleation’s portfolio to receive approval from the U.S. Department of Energy for the preliminary safety analysis of its reactor demonstration, marking a key regulatory milestone under DOE’s accelerated Reactor Pilot Program ahead of a targeted 2026 criticality...
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...
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Department of Energy, Fission, NEWS, Nuclear R&D, Portfolio Venture, Private companies, Uranium mining & Fuel resources, US competitiveness
Forbes spotlights Aalo Atomics, a Nucleation portfolio company, as part of a new wave of U.S. advanced-nuclear companies moving from concepts to manufacturing, with progress at its Austin factory, a 2026 criticality target at INL, and growing investor support.
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Artificial Intelligence, Data centers & Digital Infra, Energy abundance, Future of Energy, NEWS, Nuclear R&D, Portfolio Venture, Private companies, Trump Administration, US competitiveness, US technological leadership, Venture capital support for nuclear
On Nov. 5th, as part of SOSV's Climate Tech Summit, Rod Adams of Nucleation Capital and Matt Loszak, CEO of Aalo Atomics joined Tim De Chant of TechCrunch in a panel called "Nuclear Fission Refueled: Putting Nuclear Back on the Map." Aalo Atomics, one of Nucleation's portfolio companies, had an opportunity to shine, as the only fission venture featured. Matt spoke about where Aalo is in its development cycle, why it has been pursuing DOE authorization for the past two years, why it was a serendipitous choice, given recent actions by the DOE and how that intersects with Aalo's NRC licensing process, among many other aspects of how Aalo is progressing with its development of a Gen IV nuclear reactor that is "purpose built" for data centers.
To listen to this panel, please click: "Nuclear Fission Refueled: Putting Nuclear Back on the Map."
Published by Nucleation Capital in Advanced Nuclear, Advanced Nuclear Customers, Artificial Intelligence, Climate change, Construction costs, Department of Energy, Energy abundance, Energy transition, Fission, Future of Energy, Government, Investor activity, NEWS, Nuclear competitiveness, Nuclear R&D, Portfolio Venture, Private companies, Pronuclear States, Solving climate, US competitiveness, US technological leadership, Venture capital support for nuclear, Zero emission energy
Aalo Atomics has executed an Other Transactional Agreement with the DOE, streamlining its path to bring the Aalo-X demonstration reactor to criticality by July 2026...
Published by Nucleation Capital in Advanced Nuclear, Department of Energy, NEWS, Nuclear competitiveness, Nuclear R&D, Portfolio Venture, Private companies
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