
Transatomic Power Corporation
Developing an advanced molten salt reactor that generates clean, safe, proliferation-resistant, low-cost nuclear power.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor | €0.0 | round | |
$2.5m | Series A | ||
Total Funding | 000k |
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Transatomic Power is pioneering the development of advanced molten salt reactors to generate clean, safe, and affordable nuclear power. The company aims to replace coal plants in the US and serve as an alternative to new coal plants internationally. Operating in the energy sector, Transatomic Power targets utility companies and governments seeking sustainable energy solutions. The business model focuses on the commercialization of its proprietary reactor technology, generating revenue through the sale and licensing of reactors. By leveraging innovative nuclear technology, Transatomic Power addresses the growing demand for power while minimizing environmental impact. The company’s reactors are designed to be inherently safe, proliferation-resistant, and cost-effective, making them a viable alternative to traditional fossil fuels.
Keywords: molten salt reactor, nuclear power, clean energy, safe reactors, affordable energy, fossil fuel alternative, utility companies, sustainable energy, reactor technology, energy sector.