Raised
Private and public equity. Never added to federal money.
No raised money on record.
BWXT
Prime industrial partner delivering the Project Pele transportable microreactor for the Department of Defense.
Deployment stage6 / 8Physical
Race position
Megawatts at their strongest documented state, as of 2026-08-06.
DesignProject Pele / BANR
Per unit1.5 MWe
LaneMicroreactor
ListingNYSE: BWXT
The Pele demonstration unit is rated 1.5 MWe against a 1–5 MWe program target. BANR is 75 MWt.
No executed megawatts · announced pipeline only
One gigawatt is 667 × 1.5 MWe units. No megawatts rest on an executed action yet.
Why this company is on the board: Prime contractor building the Project Pele transportable microreactor for the Department of Defense at INL. Source ↗
Funding
Three frames, never added together.
Awarded
Federal awards and cost share. A ceiling, not cash received.
- 2020-12Share of a $30M DOE risk-reduction award split across five companiesCost share · DOE Advanced Reactor Demonstration ProgramSource ↗
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.
- 2024-09The Department of Defense broke ground at INL for the Project Pele prototype siteConstruction start · Government-reportedSource ↗
- Date not statedDelivered a full core of TRISO fuel for the Project Pele microreactor; criticality not confirmed as of 2026-08-05Fuel milestone · Company-reportedSource ↗
Program selections and agreements
Being chosen for a program, or signing one. Neither is a permit nor work at a site.
Nothing on record in this lane as of 2026-08-06.
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
- 2024-12Capacity not disclosedTata Chemicals · letter of intent for up to eight BANR units in Wyoming; 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.
- Stated 2024-12Tata Chemicals installation targeted for the early 2030s, with commercial terms still to be establishedDocumented state today: No executed megawatts · announced pipeline onlyTarget source ↗
TechnologyTransportable high-temperature gas reactor
Reactor classesGen IV · Microreactor
Tracked projects1
Highest deployment stage6 · Physical
Primary sourceDOE Project Pele update ↗