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Aalo Atomics

Advanced nuclear technology licensing and deployment

Overview

Aalo Atomics develops and deploys advanced nuclear energy systems to provide reliable, low-carbon power. It licenses technology, forms partnerships, and runs energy production projects for governments, large corporations, and energy providers. The company relies on multidisciplinary R&D to bring nuclear solutions to market, drawing talent from computer hardware, software, aerospace, and automotive sectors and navigating regulatory approval as part of its business model. Unlike wind and solar, its products aim to deliver continuous electricity at competitive costs, supported by a diverse ecosystem of partners and clients. Aalo also focuses on public education about nuclear energy’s risks and benefits and to attract the next generation of engineers. Its goal is to usher in a second Atomic Age by delivering abundant, dependable clean energy to power humanity for generations.

Significant Headcount Growth

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About Aalo Atomics

Simplify's Rating
Why Aalo Atomics is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingEnergy

Company Size

51-200

Company Stage

Series B

Total Funding

$133.3M

Headquarters

Austin, TX

Founded

2023

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Simplify's take

What believers are saying

  • Crusoe partnership targets the first nuclear-powered AI data center by 2027.
  • Aalo filed Georgetown manufacturing plans on September 17, 2026, expanding production capacity.
  • The company says it has raised over $300 million and hired 200 employees.

What critics are saying

  • NRC readiness reviews can flag docketing issues before Aalo's Q4 2026 ESP filing.
  • Crusoe's 2027 proof-of-concept still leaves commercial revenue dependent on 2029 deployments.
  • Radiant, Blue Energy, and TerraPower compete for the same AI power contracts.

What makes Aalo Atomics unique

  • Aalo built Aalo-X to criticality on July 4, 2026, in under three years.
  • Its Aalo Pod bundles five 10MWe reactors into one 50MWe data-center unit.
  • Aalo is pursuing NRC Part 53 licensing with Texas A&M RELLIS site planning.

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Funding

Total Funding

$133.3M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
$65M
$100M
$100M

Benefits

  • Flexible Work Hours

Growth & Insights and Company News

6 month growth

4%

1 year growth

3%

2 year growth

16%
MRT
Nov 6th, 2026
Urenco produces first low-enriched uranium plus.

Urenco produces first low-enriched uranium plus. Urenco USA, the nation's only commercial-scale producer of enriched uranium, has successfully completed production of its first product cylinder of low-enriched uranium plus (LEU+). It is the first commercial production of LEU+ in the Western world and provides new fuel options for existing light water reactors and new advanced reactor designs that will utilize higher levels of enriched uranium. Article continues below this ad "There are several new advanced reactor designs being developed that will use the LEU+ fuel for their operations. A good example is our contract with Aalo Atomics (also based in Texas), which plans to use it in their commercial design," Jeremy Derryberry, director of communications with Urenco, told the Reporter-Telegram. Urenco USA operates the National Enrichment Facility in Eunice, New Mexico, which began operations in 2010. The facility's existing annual capacity of 4.3 million separative work units (SWU) can meet approximately one-third of current U.S. demand for low-enriched uranium. With the availability of LEU+, existing light-water reactors will have the opportunity to operate for longer cycles, reducing the frequency of refueling outages, as well as operations and maintenance costs. LEU+ can also serve as an important feedstock for producing high-assay low-enriched uranium (HALEU) and will increase the amount of fuel a dedicated HALEU facility could produce, which will support deployment of other advanced reactor designs. The company is investing significantly in its New Mexico facility to expand its domestic enrichment production capacity to more than 7 million separative work units (SWU) over the next decade. To support this expansion, Urenco will begin construction of a new enrichment plant at the facility in 2029 and will install 2.1 million SWU of new enrichment capacity, with the initial cascades starting production in 2032 and additional cascades installed through 2036. This new capacity will also be available to produce LEU+. Nov 6, 2026 Oil Editor Mella McEwen is the oil editor for the Midland Reporter-Telegram.

Hoodline
Sep 17th, 2026
Aalo Atomics plans $25M Georgetown plant to mass-produce mini nuclear reactors.

Aalo Atomics plans $25M Georgetown plant to mass-produce mini nuclear reactors. Published on September 17, 2026 A warehouse just off Interstate 35 in Georgetown could soon become ground zero for a new kind of nuclear power plant, one built on an assembly line rather than poured in place over a decade. Aalo Atomics, an Austin-based nuclear engineering company, plans a $25 million advanced manufacturing facility at 4813 N. I-35, renovating an existing 204,350-square-foot one-story warehouse into lab, machine-shop and production-floor space. According to Community Impact, Aalo plans to expand its advanced manufacturing operations to Georgetown, per a filing tied to the project. The project's estimated timeline runs from Nov. 15 through Jan. 30, 2028, and the site is expected to provide lab, machine-shop and production-floor space for the company's work, according to permit details reported by communityimpact.com. A reactor built like a product, not a power plant. Aalo Atomics was founded in 2023 and designs and builds small, factory-made nuclear power plants, according to the seed report from Community Impact. The pitch is speed: while traditional nuclear plants can take a decade to construct, Aalo builds compact reactors in a factory and ships them to wherever power is needed, per the same account. The company intends its plants primarily to power artificial intelligence data centers, which have become one of the country's fastest-growing sources of electricity demand. Aalo says its designs will be optimized for simplicity, manufacturability and technological readiness, according to aalo.com. The company has described itself as a nuclear engineering company created to make reactor deployment highly predictable and economical, and it says its mass-manufacturing approach is meant to unlock cost reduction through scale, according to the company's own site. Critical Test Reactor reached chain reaction in under eight months. The Georgetown project follows a milestone Aalo announced this summer: the company says it brought a commercial-scale advanced reactor to criticality on July 4 at 12:20 a.m. Mountain Time. Aalo Atomics successfully started a self-sustaining nuclear reaction with its Critical Test Reactor, according to the company's website, and the reactor was built in less than eight months from groundbreaking to sustained chain reaction. The Critical Test Reactor includes a full-scale core demonstrating the nuclear components of Aalo's planned 10 MWe reactors, aalo.com states, and the company says the CTR can safely run and generate energy. Aalo has said it plans to deploy those 10 MWe reactors inside 50 MWe Aalo Pods, which it describes as fully modular nuclear plants purpose-built for AI data centers. The company's ultimate aim, according to its own statements, is to mass-produce Aalo Pods to supply constant, clean electricity to AI data centers. Betting on scale to cut costs. Aalo has said it is expanding into a one-million-square-foot factory to apply assembly-line manufacturing to reactor production, a step beyond the smaller Georgetown site now moving through the permitting process. The company has also said its first reactor was fabricated in Austin and turned on in Idaho, and it has set a target of reaching 3 cents per kilowatt-hour for electricity costs while maintaining safety, according to aalo.com. Nuclear reactors provide energy by splitting atoms rather than burning fossil fuels, a process that releases no greenhouse gases such as carbon dioxide into the atmosphere, per Community Impact's reporting. That framing has become part of the broader pitch from companies chasing compact, factory-built reactors: the Idaho National Laboratory describes microreactors generally as factory-built and transportable, with potential uses including process heat for manufacturing, mining and industry, according to inl.gov. Other companies are chasing similar ground; Radiant has said it plans to roll out its first factory-built portable nuclear generator by 2028, according to radiantnuclear.com, while Rolls-Royce has marketed its own small modular reactor as a factory-built, fully integrated nuclear solution using commercially available technology, per rolls-royce.com. For now, the Georgetown facility remains in the planning stages, with an estimated project window stretching into early 2028. As Aalo works to translate its Idaho test reactor into a repeatable factory product, the North I-35 warehouse could become one of the company's key manufacturing sites for reactors meant to feed the region's growing appetite for AI-driven power demand.

Yahoo Finance
Sep 2nd, 2026
Aalo Atomics to build 200,000-square-foot Georgetown facility after $100M funding round

Austin-based Aalo Atomics is planning a 200,000-square-foot production and manufacturing facility in Georgetown, Texas, approximately 40 miles north of its headquarters. The company builds modular nuclear power plants aimed at making nuclear energy more affordable for data centres. According to a filing with the Texas Department of Licensing and Regulation, Aalo will invest approximately $25 million to renovate a warehouse, which will include a lab, machine shop, and production floor. Construction is expected to begin 15 November and complete by January 2028. Founded in 2023, Aalo achieved criticality for its test reactor at the Department of Energy's Idaho National Laboratory in July. Texas estimates it must fill 10,000 nuclear energy jobs over the next three to five years as data centres expand across the state.

WHTop
Aug 1st, 2026
Crusoe eyes nuclear power for next AI data center expansion.

Crusoe eyes nuclear power for next AI data center expansion. August 1, 2026 - Crusoe and Aalo Atomics have agreed to develop what they describe as the first AI data center powered by a modular nuclear reactor, beginning with a proof-of-concept deployment at Idaho National Laboratory in 2027. The partnership links rapidly expanding AI infrastructure demand with next-generation nuclear technology as electricity availability becomes an increasingly decisive constraint on data center expansion globally. The AI industry's biggest bottleneck is no longer chips alone. Power has moved into the center of every conversation surrounding large-scale computing. Utilities are warning about capacity limits. Grid interconnection queues continue growing. Developers are delaying [...] [... Check source for end of article...]

Crusoe
Jul 30th, 2026
Crusoe and Aalo Atomics form strategic partnership with goal of deploying first nuclear-powered AI factory.

Crusoe and Aalo Atomics form strategic partnership with goal of deploying first nuclear-powered AI factory. Commercial Partnership Builds Upon Aalo's Recent Criticality; Demonstrates American Leadership in AI and Energy Table of contents DENVER, Colorado and AUSTIN, Texas, July 30, 2026 - Crusoe, the industry's first vertically integrated AI infrastructure provider, and Aalo Atomics, the company building fully modular nuclear reactors (XMRs) to power modern AI data centers, today announce a strategic partnership focused on developing and deploying the first nuclear-powered AI Factory data center designed to validate nuclear power's effectiveness with AI workloads. "The next generation of AI infrastructure demands power that is reliable, abundant, clean and at scale, and Aalo's nuclear reactors are built to meet that need," said Cully Cavness, Co-Founder, President and Chief Strategy Officer, Crusoe. "One of Crusoe's core values is to 'bend the arc of energy toward sustainability,' and within that value we embrace the principle of using Crusoe's market position to support and accelerate energy innovation. In line with our core values, we look forward to Aalo and Crusoe jointly demonstrating to the industry the first AI data center powered by a small modular nuclear reactor." Aalo will initially power a Crusoe Spark(TM) modular data center, running Crusoe Cloud, in 2027 as a proof of concept. Looking forward, Aalo and Crusoe intend to deploy Aalo Pods and Aalo's 50 MWe XMR power plants at Crusoe data centers, by the end of 2029. "As one of only four companies to reach criticality by President Trump's deadline for companies in the DOE Reactor Pilot Program, we are now well positioned for not only the full power operation of our 10 MWe Aalo-X reactor, but also the deployment of the Aalo Pod to power commercial data centers," said Matt Loszak, CEO, Aalo Atomics. "We are now the only nuclear technology company to design and build a nuclear reactor fueled to produce 10MW of electricity- an achievement that positions Aalo as the premier power provider for the modern data center." Aalo has already begun work on its second nuclear reactor, testing a commercial-scale system that will produce electricity and power for an on-site Crusoe Spark(TM) modular data center. About Crusoe. As the AI factory company, Crusoe is on a mission to accelerate the abundance of energy and intelligence. The company provides a reliable, scalable, cost-effective, energy-first solution for AI infrastructure. By harnessing large-scale energy sources, building AI-optimized data centers, and delivering a powerful AI cloud platform, Crusoe empowers its customers and partners to build the future faster. About Aalo Atomics. Aalo Atomics, based in Austin, Texas, builds nuclear reactors to power modern AI data centers. Founded in 2023, Aalo has secured over $136M in funding to date from multiple investors, including Valor Equity Partners, 50Y, Fine Structure Ventures, Hitachi Ventures, NRG Energy, Vamos Ventures, Tishman Speyer, Kindred Ventures, Harpoon Ventures, Crescent Enterprises, Crosscut, Alumni Ventures, MCJ, Gaingels, and Nucleation Capital, among others. To learn more, visit www.aalo.com. Media contact. [email protected]

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