Radiant Nuclear is pushing forward with its mission to make nuclear energy more accessible through the mass production of portable microreactors. The company has successfully raised an additional $300 million in funding, just six months after its Series C round. This new capital will be used to speed up commercialization efforts and support the construction of a new factory in Oak Ridge, Tennessee. The funding was led by Draper Associates and Boost VC, with further backing from existing investors, signaling strong confidence in Radiant’s role in the microreactor market.
Radiant’s portable reactors are designed for continuous operation and can be deployed in remote or critical locations without the need for constant refueling. The company’s flagship model, Kaleidos, is a 1 MW failsafe microreactor intended to replace less reliable energy systems in crucial environments. According to CEO Doug Bernauer, the funding will help Radiant build its factory and adhere to its DOME schedule, aiming for a self-sustained chain reaction with the support of the Idaho National Lab.
These portable reactors offer versatile deployment, fitting into standard shipping containers for easy transport to areas with limited or nonexistent grid access. They provide a reliable power supply for critical infrastructure and defense operations, overcoming the limitations of traditional generators. Radiant plans to begin construction on the Oak Ridge facility early next year, marking a significant step forward in the rapid production of these innovative energy solutions.
