Source: TechCrunch
Summary
Apollo Atomics, a Y Combinator alumnus, is developing a smaller nuclear reactor component that could reduce electricity costs below those of natural gas, according to a report. The company aims to make nuclear energy more affordable and scalable. The project is part of a broader effort to advance small modular reactors. The company has not yet provided details on timelines or funding. A spokesperson said the technology is still in early development.
Our Reading
The launch follows a familiar script.
Apollo Atomics claims to shrink a nuclear reactor part.
They say it will cut electricity costs below natural gas.
They’re promising a nuclear renaissance, again.
Another startup betting on “small modular reactors” as the next big thing.
Author: Evan Null
