NEWS: Deep Fission could build up to 18.5 GW of mile-deep advanced nuclear reactors…if all that digging works out.

Deep in deals: The company recently raised $40M in its IPO. Now, Deep Fission says it has inked letters of intent with customers including data centers and co-developers. But it has a huge hurdle ahead: Deep Fission has to prove it can drill a commercial-scale borehole…and safely place a prototype reactor inside.

While we’re here: AZ Gov. Katie Hobbs shot down a bill to speed up the deployment of SMRs. It would’ve enabled utilities to build them without environmental studies or public hearings…and stopped most counties from regulating them.