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This startup just raised nearly $500 million to build nuclear reactors for the US military

Summary by Tech Radar
Antares closes $470 million Series C, $370 million in equity and $100 million in debt, co-led by Paradigm and Caffeinated CapitalThe move follows the Mark-0 reaching criticality at Idaho National Laboratory and helps fund an electricity-producing Mark-1 in 2027 and military deployments in 2028Antares' military-first strategy targets a price-insensitive customer bound by an executive order requiring a reactor on a US base September 30 2028Nuclear…
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Tech Radar broke the news in Bath, United Kingdom on Friday, July 31, 2026.
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