Nuclear startup Last Energy raises $100M for its steel-encased micro reactor
Last Energy plans to utilize the funds to construct a 5 megawatt pilot reactor in Texas, aiming for activation next year.
MAIN POINTS
- Last Energy is developing a 5 megawatt pilot reactor.
- The reactor will be located in Texas.
- Funding is secured for the reactor's construction.
- The goal is to activate the reactor next year.
TAKEAWAYS
- Last Energy is advancing nuclear energy technology with a new reactor.
- Texas is chosen as the site for this innovative project.
- Financial backing is in place to support the reactor's development.
- The project timeline targets completion and activation by next year.