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Aalo Atomics
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Develops advanced nuclear technology for clean energy
Aalo Atomics
Work Here?
Develops advanced nuclear technology for clean energy
About Aalo Atomics
Industries
Industrial & Manufacturing
Energy
Company Size
11-50
Company Stage
Series A
Total Funding
$33.3M
Headquarters
Austin, Texas
Founded
2023
Overview
Aalo Atomics develops and deploys advanced nuclear technology to provide a sustainable energy solution that addresses global energy demands. Their technology offers a reliable and cost-effective alternative to solar and wind energy. Aalo serves a variety of clients, including governments and large corporations, and generates revenue through technology licensing, partnerships, and energy production. The company distinguishes itself by building a multidisciplinary team from high-tech industries, which enhances innovation and efficiency in nuclear energy. Aalo is dedicated to educating the public about nuclear energy's risks and benefits, aiming to inspire future professionals in the field. Their goal is to create abundant and dependable clean energy for future generations.
Simplify's Take
What believers are saying
- Aalo raised $27M to advance small nuclear reactors, boosting production and innovation.
- Partnerships with Idaho Falls Power and DOE enhance Aalo's market presence and credibility.
- Growing demand for reliable, low-carbon energy solutions benefits Aalo's nuclear technology.
What critics are saying
- Public misinformation about nuclear energy may hinder Aalo's market acceptance.
- Rapid team expansion from 2 to 15 could lead to operational inefficiencies.
- Sodium coolant in micro reactors poses safety challenges due to its reactivity.
What makes Aalo Atomics unique
- Aalo Atomics focuses on advanced nuclear technology for sustainable energy solutions.
- The company targets data centers with its 50 MWe extra modular reactor, Aalo Pod.
- Aalo's multidisciplinary team drives innovation in nuclear energy, attracting diverse high-tech talent.
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Funding
Total Funding
$33.3M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 6%1 year growth
↑ 0%2 year growth
↑ 23%US-based Aalo Atomics has announced the Aalo Pod - a 50 MWe extra modular reactor (XMR), purpose-built to provide scalable on-site power for modern data centres
Aalo has purchased a plot of land in Texas for non-nuclear testing.
US-based Aalo has signed a memorandum of understanding (MOU) with Idaho Falls Power for the deployment of seven factory-built Aalo-1 reactors, totalling 75 MWe.
IDAHO FALLS - Idaho Falls Power announced Monday it is negotiating an agreement with Aalo Atomics, a nuclear engineering company, to purchase clean energy for Idaho Falls in the near future.
Aalo Atomics has raised $27 million in a Series A funding round to advance its development of small nuclear reactors. This funding will help scale production in gigafactories, aiming for low-cost, sustainable clean energy. The company has grown rapidly, expanding its team from 2 to 15 and completing the conceptual design of its first commercial reactor, Aalo-1. Aalo has also signed an MOU with the DOE for an experimental reactor at Idaho National Laboratory and submitted a Regulatory Engagement Plan to the NRC.
Aalo Atomics is Hiring for 21 Jobs on Simplify!
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About Aalo Atomics
Industries
Industrial & Manufacturing
Energy
Company Size
11-50
Company Stage
Series A
Total Funding
$33.3M
Headquarters
Austin, Texas
Founded
2023
Aalo Atomics is Hiring for 21 Jobs on Simplify!
Find jobs on Simplify and start your career today