Senate Approves $350 Million Grant as Radiant Raises $165 Million, Selected for HALEU Fuel; Deep Fission Advances Small Modular Reactors | DeepNewz US Domestic Policy

Business Bytes · 2m ago

Senate Approves $350 Million Grant as Radiant Raises $165 Million, Selected for HALEU Fuel; Deep Fission Advances Small Modular Reactors | DeepNewz US Domestic Policy

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The Senate has approved a $350 million grant to boost the development of small modular reactors (SMRs). Radiant, a company in this sector, has raised $165 million and has been selected for HALEU (High-Assay Low-Enriched Uranium) fuel initiatives. These efforts are part of advancing nuclear energy solutions, with Radiant being supported by entities like Boost VC, to further spearhead innovations in SMRs, enhancing sustainable and efficient energy solutions.

Here are the nuclear fission startups backed by Big Tech | TechCrunch

TechCrunch · 2m ago

Here are the nuclear fission startups backed by Big Tech | TechCrunch

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Big tech companies, driven by increased demand for electricity due to AI, are turning to nuclear fission as a stable energy source for data centers. They are investing in startups developing small modular reactors (SMRs) for more flexible and safer nuclear power solutions. Companies like Kairos Power, Oklo, Saltfoss, TerraPower, and X-Energy are leading the charge with innovative designs, attracting significant funding and partnerships to meet future energy needs.

Radiant Raises $165 Million; Trump Approves Port Arthur LNG Phase II, Fast-Tracks Uranium Mine, 1.91 Bcf/d Export Capacity | DeepNewz VC

deepnewz · 2m ago

Radiant Raises $165 Million; Trump Approves Port Arthur LNG Phase II, Fast-Tracks Uranium Mine, 1.91 Bcf/d Export Capacity | DeepNewz VC

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Radiant has raised $165 million, while President Trump has approved the second phase of the Port Arthur LNG project. The Department of Energy (DOE) has issued LNG export authorization for this phase, aligning with Trump's commitment to advancing American energy initiatives. This development signifies a strategic move to enhance the export capabilities of liquefied natural gas, reinforcing the administration's goals to expand the energy sector and bolster the national economy.