Aalo Atomics Raises $100m To Build A Microreactor And Data Center Together

Nuclear startups person been soaking up attraction from hyperscalers and rate from investors. Aalo Atomics is nan latest beneficiary of nan large tech-small atomic emotion affair, raising $100 cardinal successful a Series B, nan institution announced today.

The startup plans to flip nan move connected its first reactor successful nan summertime of 2026, CEO Matt Loszak said successful a LinkedIn post. The installation will beryllium located connected nan field of nan Idaho National Laboratory.

Aalo — not to beryllium confused pinch nan defunct furnishings startup — could beryllium considered a pseudo-spinout of nan Department of Energy lab, which developed and open-sourced a mini modular reactor creation called Marvel. The company’s CTO, Yasir Arafat, antecedently led Marvel’s design, which Aalo says “inspired” its prototype. Aalo besides received development support from nan Idaho National Lab arsenic portion of an Obama management programme to accelerate atomic reactor development.

The Series B information was led by Valor Equity Partners pinch information from 50Y, Alumni Ventures, Crescent Enterprises, Crosscut, Fine Structure Ventures, Gaingels, Harpoon Ventures, Hitachi Ventures, Kindred Ventures, MCJ, NRG Energy, Nucleation Capital, Perpetual VC, Tishman Speyer, and Vamos Ventures.

If Aalo tin meet its fierce deadline, it would subordinate a inclination successful nan atomic industry, which has a history of agelong timelines compounded by delays.

Like galore precocious atomic startups, Aalo is counting connected economies of standard to thief rein successful some costs and build times. If nan institution tin beryllium its attack works, it says it will build thousands of Aalo Pod powerfulness plants, which will dwell of 5 Aalo-1 reactors delivering power to a azygous turbine to make a full of 50 megawatts of electricity.

The startup says that nan Aalo-X prototype will besides person an “experimental” information halfway built adjacent door, a item that sounds much for illustration a trading ploy than a technological innovation.

Ultimately, Aalo says it intends to present energy astatine 3 cents per kilowatt-hour, a value that would make it competitive pinch caller earthy state powerfulness plants and star farms built today. The startup hasn’t put a timeline connected that price, though, a wise move fixed nan atomic industry’s previous promises.

Aalo isn’t nan only atomic startup making news this week. Yesterday, Kairos said that nan Tennessee Valley Authority agreed to bargain 50 megawatts of generating capacity from its Hermes 2 powerfulness plant, which nan startup is readying to build successful Oak Ridge, Tennessee. Google, successful turn, will usage that powerfulness to thrust its information centers.