Proxima Fusion, a two-year-old, German nuclear fusion startup, has published plans for a working fusion power plant in a peer-reviewed journal, in what is being touted as a step-change in the race to generate limitless energy. Today’s nuclear fission reactors create radioactive waste, whereas nuclear fusion releases vast amounts of energy, with zero carbon emissions and […]
Valar Atomics comes out of stealth with $19M and a pilot reactor site
Companies developing small modular nuclear reactors (SMRs) have raised more than $ 1.5 billion in the past year, as tech companies hunger for power to train AI models and governments decide to commit to the industry. For example, X-energy raised $ 700 million this month, and Paris-based Newcleo raised $ 151 million last year, and […]