$470M Bet on Military Grade Nuclear Power: A High Stakes Gamble The latest funding round for Antares Nuclear has injected $470 million into the company's quest to deploy small modular reactors (SMRs) on US military bases.
This influx of capital underscores growing interest in advanced nuclear startups, driven by an AI fueled data center boom and a desire for new sources of power.
As the world transitions to cleaner energy, the nuclear industry is experiencing a revival of sorts.