JOURNAL ARTICLE

Nuclear Startup Backed by Luckey, Lockheed Director Raises $130 Million.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Chapman, Lizette 3 of 3

Abstract

The article focuses on Valar Atomics, a nuclear startup that has secured $130 million in funding from investors, including notable figures from Anduril Industries and Palantir Technologies. Based in Hawthorne, California, Valar Atomics is constructing its first advanced nuclear fission reactor in Utah, aiming to produce 100 kilowatts of thermal energy by July 4. The company plans to mass manufacture small modular reactors to meet the growing energy demands of sectors like artificial intelligence and industrial manufacturing. Valar is part of the U.S. Energy Department's Nuclear Reactor Pilot Program and is working to achieve a self-sustaining nuclear reaction, known as criticality, by this summer. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:189216029
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