Aalo Atomics raises $100M to build a microreactor and data center together

Aalo Atomics, a nuclear startup, has raised $100 million to build a microreactor and a data center simultaneously. The company plans to bring its first power plant, the 50-megawatt Aalo-X, online by the summer of 2026, which is considered an ambitious timeline compared to the industry's typical development timelines. The company's goal is to integrate the microreactor and data center, allowing the data center to utilize the heat generated by the reactor for its operations. This approach aims to improve the overall efficiency and cost-effectiveness of the project. Aalo Atomics is focusing on developing smaller, modular nuclear reactors that can be deployed more quickly and at a lower cost than traditional large-scale nuclear power plants. The company believes this approach can help overcome some of the barriers that have hindered the wider adoption of nuclear power in recent years. The successful fundraising and the company's ambitious timeline will be closely watched by the nuclear industry and energy sector as they navigate the challenges and opportunities in the rapidly evolving energy landscape.