Aalo Atomics Raises $100M Series B for AI Data Center Reactors

ByRicardo

Austin-Based mostly Firm on Monitor to Start Development on Business’s First Further Modular Nuclear Reactor (XMR) this Month and Obtain Operational Standing in 2026

Aalo Atomics, the corporate constructing totally modular nuclear crops to energy trendy AI knowledge facilities, has secured $100M in Sequence B funding led by Valor Fairness Companions with participation from new and current traders together with Superb Construction Ventures, Hitachi Ventures, NRG Vitality, Vamos Ventures, Tishman Speyer, Kindred Ventures, 50Y, Harpoon Ventures, Crescent Enterprises, Crosscut, Alumni Ventures, MCJ, Gaingels, and Nucleation Capital, amongst others. Aalo has raised greater than $136 million thus far and is transferring at lightspeed for a nuclear firm, finishing its first full-scale non-nuclear prototype earlier this yr with plans to complete development on its first additional modular nuclear reactor (XMR) in 2026.

“The world’s main know-how corporations, in addition to state and federal governments, see nuclear power as an important part to powering the AI knowledge facilities of the long run, as evidenced in current laws from forward-thinking states like Texas and Idaho and a number of Presidential Govt Orders,” mentioned Matt Loszak, Co-founder and CEO, Aalo Atomics. “Our distinctive strategy of mass manufacturing modular nuclear crops, mixed with our dedication to each security and scalability, positions us on the forefront of this motion and ensures we’re prepared to satisfy this imminent market want at document pace.”

Aalo will use its new financing to double the dimensions of its workforce, rising from roughly 60 workers to over 120 within the subsequent yr, with a deal with buying premium engineering and manufacturing expertise. As well as, Aalo has added a number of well-known government leaders to its workforce in current weeks, with deep experience in public coverage, regulatory environments, nuclear know-how, and manufacturing. They embody:

  • Jimmy Glotfelty, former commissioner for the Public Utility Fee of Texas
  • Bryson Gentile, former head of producing on Falcon 9 at SpaceX
  • Pete Gaillard, former head of regulatory affairs for TerraPower
  • Nick Touran, previously with TerraPower and founding father of “What Is Nuclear?”

“AI is predicted to require triple digit will increase within the energy provide within the coming months and years, creating each a posh drawback for U.S. trade and a big industrial alternative for the businesses that may resolve it,” mentioned Antonio Gracias, founder and CEO of Valor Fairness Companions. “We imagine Aalo, with its superior XMR know-how, wealthy manufacturing experience and extremely skilled workforce, is effectively positioned to seize this market alternative, and has already proven its potential to innovate, forge key trade relationships and transfer extraordinarily rapidly. Extra broadly, we imagine that power provide represents a present constraint and key strategic crucial for the nation, and are proud to align ourselves with the innovators who’re serving to safe our nation’s power resilience within the face of this large surge in demand.”

Extra current Aalo milestones embody:

  • Aalo was chosen by the DOE to check the Aalo-X experimental XMR energy plant at Idaho Nationwide Laboratory (INL) underneath President Trump’s Nuclear Reactor Pilot Program, with a goal of criticality by July 4th, 2026.
  • Aalo has accomplished a complete Conceptual Design Evaluation for Aalo-X involving over 40 consultants, securing official website allocation from DOE-ID, and receiving an Environmental Evaluation Willpower from the DOE, which expedites the environmental evaluate course of.
  • Unveiling of 40,000 sq. foot manufacturing plant in Austin, Texas in April.
  • Choice as one among 4 companions to develop as much as 1 GW of nuclear power era capability on the Texas A&M RELLIS Campus.
  • Buy of land in Texas to deploy a non-nuclear prototype the place it might take a look at all parts of its design, together with utilizing sodium for coolant. Development is underway.

Aalo’s flagship product is the Aalo Pod, a 50 MWe XMR energy plant purpose-built for knowledge facilities. Every Aalo Pod incorporates 5 Aalo-1 reactors, is totally modular (each the reactor and the plant) and might scale seamlessly to gigawatts. With a small bodily footprint and no want for exterior water sources, the Aalo Pod is straightforward to collocate onsite with the information middle. Aalo-1 reactors are sodium-cooled and use proven-safe, available low enriched uranium gasoline (LEU+, UO2).

The put up Aalo Atomics Raises $100M Series B for AI Data Center Reactors first appeared on AI-Tech Park.

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