Antares raises $470M in a Series C ($370M equity, $100M debt) to scale TRISO-fuel small modular reactors for U.S. military bases, targeting first electricity in 2027 and deployments by 2028.
Holtec’s IPO filing outlines a shift from decommissioning to building 300 MW SMRs, backed by DOE loans and a timeline targeting regulatory approval in 2029 and deployment in the early 2030s.
BloombergNEF sees global nuclear capacity rising to about 535 GW by 2036 (a 44% jump from 372 GW), driven by 76 reactors under construction in H1 2026 and an 83 GW contribution from small modular reactors, led by China, with timing and cost overruns the key risk.
NDAA FY2026 signed into law includes measures to advance next-generation nuclear reactors, signaling policy support for microreactors/SMRs and potential military/data-center applications.
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