Raised
Private and public equity. Never added to federal money.
- 2025-08$100M Series BVenture equity · Valor Equity Partners (lead), NRG Energy, Hitachi VenturesSource ↗
Aalo Atomics
Developer of the Aalo Critical Test Reactor and the planned 10 MWe Project Ascension power reactor.
Deployment stage7 / 8Operational
Race position
Megawatts at their strongest documented state, as of 2026-08-06.
DesignAalo-X
Per unit10 MWe
LaneMicroreactor
ListingPrivate
30 MWt. The commercial Aalo Pod bundles units into a 50 MWe plant.
No executed megawatts · announced pipeline only
One gigawatt is 100 × 10 MWe units. No megawatts rest on an executed action yet.
Why this company is on the board: Reached DOE-authorized criticality with its Critical Test Reactor at Idaho National Laboratory, the fourth and last before the July 4 2026 goal. Source ↗
Funding
Three frames, never added together.
Awarded
Federal awards and cost share. A ceiling, not cash received.
No awarded money on record.
Borrowed
Debt, repayable. Never counted as a raise, federal or private.
No borrowed money on record.
Filed, not raised
A registration filed with the SEC. The filing itself raises nothing.
No filed, not raised money on record.
Cash on hand
A balance, not a raise. Reported by the company at a stated date.
No reported cash position on record.
Licensing
Applications, permits and authorizations, naming the authority in each case.
Nothing on record in this lane as of 2026-08-06.
Physical progress
Work at a site. Criticalities are proof the physics works, not electricity.
- 2026-07-04Critical Test Reactor reached initial criticality at INL, the fourth and last before the July 4 goal and the first new reactor built at INL in 50 yearsCriticality · Government-reported · Zero-power test reactor. Contributes 0 MWe.Source ↗
Program selections and agreements
Being chosen for a program, or signing one. Neither is a permit nor work at a site.
- 2025-09Signed what Aalo describes as the first U.S. commercial contract for delivery of enriched uranium to a reactor companyProgram selection / agreement · Company-reportedSource ↗
Design proof outside the U.S.
Real progress on the same design abroad. Contributes 0 MWe to the U.S. race.
Nothing on record in this lane as of 2026-08-06.
Pipeline
Executed first. Announcements are labeled as announcements and never added to them.
Backed by an executed action
No executed megawatts on record as of 2026-08-06.
Announced, non-binding
- 2026-07Capacity not disclosedCrusoe · strategic partnership to power one modular data centre at INL in 2027; capacity not disclosed · Company-reportedSource ↗
Company-stated targets
What the company says, printed beside what a regulator has documented. The site never averages a target into a prediction.
- Date not statedAalo-X built by the end of 2026 and a reactor paired with a data centre by July 2027Documented state today: No executed megawatts · announced pipeline onlyTarget source ↗
TechnologySodium-cooled modular reactor
Reactor classesGen IV · Critical experiment
Tracked projects1
Highest deployment stage7 · Operational
Primary sourceDOE fourth-criticality announcement ↗