August 16, 2026

Blue Energy and GE Vernova Hitachi advance gas-plus-nuclear project in Texas

Nucleation's portfolio company, Blue Energy, has signed an agreement with GE Vernova Hitachi Nuclear Energy (GVH) that launches the next phase of their 2.5-gigawatt gas-plus-nuclear power plant in Victoria, Texas. The agreement advances engineering design, licensing and safety analysis for the project, ahead of a final investment decision expected in 2027.

The plant pairs two GE Vernova 7HA.02 gas turbines — roughly 1 gigawatt, powering a nearby data center from 2030 — with up to five GE Vernova Hitachi BWRX-300 small modular reactors adding another 1.5 gigawatts beginning in 2032.

Blue Energy's integrated approach to prefabrication, transportation and assembly, which the company calls the “Blue Way,” builds on the standardized, modular design of the BWRX-300, using off-site fabrication, innovative logistics and super-module assembly to improve schedule, cost and delivery predictability. CEO and co-founder Jake Jurewicz framed the goal as making nuclear “a financeable, repeatable product.”

The first BWRX-300 is currently under construction at Ontario Power Generation's Darlington site in Canada, with completion expected by the end of the decade, which will make it the first grid-scale SMR in the Western world.

Click the above image to see Jake Jurewicz, CEO and co-founder of Blue Energy (on right), and Jason Cooper, CEO of GE Vernova Hitachi Nuclear Energy discuss their newly signed agreement to launch the Victoria, Texas project.  (Available through Youtube: https://www.youtube.com/watch?v=k0XMBovy6O4)

Learn more with the joint Blue Energy and GE Vernova Press Release:  Blue Energy, GE Vernova Hitachi Sign Agreement to Launch Next Phase of Texas Gas-Plus-Nuclear Project,  Blue Energy, GE Vernova Hitachi Sign Agreement to Launch Next Phase of Texas Gas-Plus-Nuclear Project

July 28, 2026

Deployable Energy

Deployable Energy (Q2-26) – A Houston, Texas-based developer of the Unity Nuclear Battery, a very compact 1 MW nuclear reactor that was delivered to its INL test site in the back of a Ford-150 pickup truck and which achieved criticality prior to July 4th.

July 17, 2026

Constellation Invests in Blue Energy ()

Blue Energy received a strategic equity investment from Constellation Technology Ventures, the venture arm of Constellation, operator of the largest fleet of nuclear power plants in the USA.

April 9, 2026

Texas clears $350M to fund nuclear ()

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.

March 21, 2026

Aalo Completes Assembly of its Aalo-X Test Reactor ()

Aalo Atomics has completed assembly of its Aalo-X Critical Test Reactor at Idaho National Laboratory, with fuel delivery imminent and final DOE approval pending, and expects to achieve criticality within weeks, ahead of the July 4 deadline this summer...

November 22, 2025

Aalo Featured in Forbes’ Deep Dive on the New Nuclear Buildout ()

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.

November 6, 2025

Putting Nuclear back on the map

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."

November 1, 2025

Blue Energy and Crusoe Advance 1.5-GW Power Campus at Port of Victoria ()

Following its initial site agreement with the Port of Victoria, Blue Energy has partnered with AI infrastructure firm Crusoe to develop a 1.5-GW power campus—starting with natural gas and transitioning to modular nuclear by 2031.

October 26, 2025

Blue Energy to Explore Major Modular Nuclear Project in Texas ()

Blue Energy has signed an agreement with the Port of Victoria to assess a 1.5-GW modular nuclear project, which could drive up to $1B in investment and create 100 new jobs.

July 2, 2025

Texas Approves $350M Grant Program for Advanced Nuclear Buildout ()

Texas passed HB14, launching a $350M fund and new nuclear office — the largest state push for advanced reactors in the U.S.

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