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About Radiant
Industries
Government & Public Sector
Energy
Company Size
51-200
Company Stage
Series C
Total Funding
$155.7M
Headquarters
El Segundo, California
Founded
2019
Overview
Radiant Nuclear develops compact nuclear microreactors aimed at providing reliable energy solutions, especially for remote locations and military use. Their main product, the Kaleidos microreactor, utilizes a CO2 cycle for energy production, making it smaller and more portable than traditional reactors. This allows it to be deployed in challenging environments. Radiant stands out from competitors by leveraging expertise from veterans of SpaceX and focusing on government contracts, such as those from the Department of Defense, to fund their research and development. The company's goal is to transform the nuclear energy sector by offering sustainable and efficient power solutions.
Simplify's Take
What believers are saying
- Radiant raised $100M in Series C funding to develop commercial microreactors.
- The U.S. Department of Defense awarded Radiant $3.8M for turbomachinery development.
- Growing demand for sustainable energy in data centers boosts Radiant's market potential.
What critics are saying
- Public opposition to nuclear energy may hinder Radiant's market acceptance.
- Regulatory delays from the Nuclear Regulatory Commission could impact Radiant's timelines.
- Competition from cheaper solar and wind technologies may affect Radiant's market share.
What makes Radiant unique
- Radiant's Kaleidos microreactor offers zero-emissions power for remote and critical applications.
- The company leverages expertise from SpaceX veterans for advanced nuclear technology development.
- Radiant's CO2 cycle technology enables compact, efficient, and portable nuclear power solutions.
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Funding
Total Funding
$155.7M
Above
Industry Average
Funded Over
5 Rounds
Andreessen Horowitz
Founders FundIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Stock Options
Unlimited Paid Time Off
One Medical
Growth & Insights and Company News
6 month growth
↓ -4%1 year growth
↓ -4%2 year growth
↓ -14%Radiant has already received funding of $1 million to develop a prototype 1 MW microreactor - an output capable of powering 1,000 homes for eight years.
Radiant Industries, an El Segundo, CA-based advanced nuclear technology company, raised $100M in Series C funding.
Radiant Industries announced a $100 million Series C funding round led by DCVC, with participation from a16z, Union Square Ventures, and others. This funding will support the development of one of the world's first commercial microreactors, the Kaleidos microreactor, aimed at providing clean power for data centers. Radiant plans to deliver a prototype to Idaho National Laboratory's DOME facility for testing in 2026, with production commitments for over 10 reactors by 2030.
The Department of Defense award will be used to develop turbomachinery for a compact CO2 cycle power generation system.
In 2019, he set up a company called Radiant Industries that is working to build “meltproof” portable nuclear generators that can be packed in a shipping container.
Radiant is Hiring for 23 Jobs on Simplify!
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About Radiant
Industries
Government & Public Sector
Energy
Company Size
51-200
Company Stage
Series C
Total Funding
$155.7M
Headquarters
El Segundo, California
Founded
2019
Radiant is Hiring for 23 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Radiant