Last Energy receives DOE approval of PWR-5 safety analysis
The approval advances the microreactor toward criticality under the DOE Reactor Pilot Program, with construction nearing completion.
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Nuclear power plant developer, owner, and operator
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In short: Last Energy won DOE approval for its PWR-5 safety analysis and raised $100 million in Series C funding.
The approval advances the microreactor toward criticality under the DOE Reactor Pilot Program, with construction nearing completion.
The microreactor at Texas A&M RELLIS has reactor pits complete and building construction underway.
The round, led by Astera Institute, funds the DOE pilot reactor and PWR-20 commercialization. It positions the company for production power plants and Texas manufacturing expansion.
They will deploy a PWR-5 5 MWe microreactor at the RELLIS campus, with land lease, full-core fuel, DOE Other Transaction Agreement, and licensing submissions underway.
The Department of Energy's approval of the Documented Safety Analysis clears Last Energy's planned pilot reactor at Texas A&M-RELLIS to move into the readiness review...
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Last Energy has secured $100m Series C funding to advance its PWR-5 microreactor pilot at Texas A&M-RELLIS, targeting criticality by mid-2026.
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