Raised
Private and public equity. Never added to federal money.
Developer of the Kaleidos experiment conditionally selected for testing in the DOME facility.
Megawatts at their strongest documented state, as of 2026-08-06.
About 3 MWt.
Contracted · 1 MWe
One gigawatt is 1000 × 1 MWe units. 1 MWe rest on an executed action, 0% of the way there.
Why this company is on the board: Signed delivery agreement with the Defense Innovation Unit and the Department of the Air Force. Source ↗
Three frames, never added together.
Private and public equity. Never added to federal money.
Federal awards and cost share. A ceiling, not cash received.
No awarded money on record.
Debt, repayable. Never counted as a raise, federal or private.
No borrowed money on record.
A registration filed with the SEC. The filing itself raises nothing.
No filed, not raised money on record.
A balance, not a raise. Reported by the company at a stated date.
No reported cash position on record.
Applications, permits and authorizations, naming the authority in each case.
Work at a site. Criticalities are proof the physics works, not electricity.
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.
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.
Executed first. Announcements are labeled as announcements and never added to them.
No announced pipeline on record as of 2026-08-06.
What the company says, printed beside what a regulator has documented. The site never averages a target into a prediction.
CurrentDOE conditionally selected Kaleidos for an initial DOME test slot.
Next stepSatisfy readiness gates, complete authorization, install the experiment, and conduct testing.Idaho National LaboratoryCurrentDOE identified both reactors and their INL site in its contractor variance package.
Next stepComplete DOE authorization and readiness gates for construction, fuel loading, and critical testing.