$31M boosts compact nuclear reactor with 40-fold smaller footprint

$31M boosts compact nuclear reactor with 40-fold smaller footprint

Apollo Atomics has raised $31 million in seed funding to push its compact nuclear reactor technology toward commercial deployment. The Cambridge, Massachusetts-based startup spun out of MIT and has backing from Y Combinator. It plans to use the funding to test its reactor technology, expand manufacturing, and advance regulatory approvals. Apollo is developing a new generation of pressurized water reactors, the technology behind most operating nu…

MIT spinoff Apollo Atomics raises $31M to build factory-made nuclear reactors for AI data centers - Tech Startups

Apollo Atomics has raised $31 million in seed funding to turn decades-old nuclear reactor technology into something the industry has struggled to deliver: a reactor that can be built in a factory, shipped by truck, and deployed in less than […] The post MIT spinoff Apollo Atomics raises $31M to build factory-made nuclear reactors for AI data centers first appeared on Tech Startups.

Exclusive: Apollo Atomics wants to make nuclear power cheaper by shrinking an overlooked part

Y Combinator alumnus Apollo Atomics is shrinking a key nuclear reactor part, which promises to slash the cost of electricity below natural gas.