Radiant bags $300M-plus to commercialize its microreactors
Briefly

Radiant bags $300M-plus to commercialize its microreactors
"The company expects to break ground on an SMR manufacturing plant in Oak Ridge, Tennessee next year. "This funding enables us to build our factory and keep to our DOME schedule, where we will achieve a self-sustained chain reaction on a reactor designed by, built by, fueled by, and operated by Radiant alongside our partners at the Idaho National Lab," Radiant CEO Doug Bernauer said in a canned statement."
"Unlike other SMR designs we've discussed over the past year, Radiant's Kaleidos reactors are tiny, capable of producing about a megawatt of power each. However, the actual mechanism for energy generation isn't too far off from the designs we've seen from X-Energy, which use TRISO fuel pellets and helium gas as a coolant. Thanks to their size, Radiant says they can be transported using standard semi-tractors and refueled up to four times over their 20-year lifespans."
Radiant raised more than $300 million in a funding round led by Draper Associates and Boost VC to commercialize semi-trailer-sized microreactors. The company plans an SMR manufacturing plant in Oak Ridge, Tennessee and aligns its schedule with Idaho National Laboratory's DOME project to demonstrate the Kaleidos Demonstration Unit. Kaleidos reactors produce about one megawatt each, use TRISO fuel pellets and helium coolant, and are transportable by standard semi-tractors. Each unit can be refueled up to four times over a 20-year lifespan. Datacenter power demands, with racks drawing 140 kW and future designs targeting 600 kW, require multiple units per deployment.
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