Nuclear
Kinsey Grant Baker
Kinsey Grant Baker
Energy Central Team
·Posted in Nuclear
Tue, Dec 16

NEWS: Nuclear startup Last Energy raises $100M for its steel-encased micro reactor

Nuclear startup Last Energy has raised $100M to build "plug-and-play" SMRs. (TechCrunch)

  • No reinventing the wheel: Last Energy is using a 1950s maritime reactor design and sealing the entire core inside a 1,000-ton solid steel block. 

  • It requires no expensive concrete containment, runs for 6 years without refueling, and simply remains on-site as its own permanent waste cask once the fuel is spent.

  • With a 5 MW pilot slated at Texas A&M next year, the company plans to mass-manufacture 20 MW units by 2028 to deploy for data centers and other large power users.

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