Aalo Atomics raised $100 million through a Series B funding round led by Valor Equity Partners. The startup, inspired by a small modular reactor design from the Idaho National Laboratory, plans to launch its first reactor in summer 2026. Aalo aims to build thousands of power plants with five reactors per pod, generating up to 50 megawatts of electricity. The company targets electricity production costs at three cents per kilowatt-hour, planning to challenge traditional nuclear project timelines and costs through economies of scale and innovation.
Aalo Atomics has raised $100 million in a Series B funding round and plans to launch its first reactor by summer 2026 at Idaho National Laboratory.
Aalo Atomics aims to develop small modular reactors using the design inspired by the Marvel project at the Idaho National Laboratory, which promotes innovation in nuclear technology.
The company intends to build thousands of Aalo Pod power plants, which will consist of five reactors delivering heat to a single turbine for generating electricity.
Aalo Atomics aims to revolutionize nuclear energy cost-efficiency, targeting electricity generation at three cents per kilowatt-hour, showcasing a shift in nuclear industry dynamics.
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