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The Nuclear Company

Develops and services nuclear power plants

Overview

The Nuclear Company develops nuclear power projects for utilities and other large electricity buyers, using proven reactor designs across a planned fleet of sites. Its design-once, build-many approach standardizes construction work so knowledge from one project carries into the next. The company manages development and construction, while its Nuclear Operating System brings project schedules, supply chains and field data into a shared software platform. Its services division earns revenue by maintaining operating nuclear plants and supporting refueling outages, including repairs to turbines and electrical equipment. The Nuclear Company was founded in 2023.

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About The Nuclear Company

Simplify's Rating
Why The Nuclear Company is rated
C
Rated B on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Energy

Company Size

51-200

Company Stage

Series A

Total Funding

$71M

Headquarters

Lexington, Kentucky

Founded

2023

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Simplify's Take

What believers are saying

  • A major project creates delivery scope: TNC's Brookfield venture won the Fairfield project-manager assignment in May 2026.
  • Finance hires gain ownership: TNC's first dedicated accounts-payable manager builds and runs the entire payment function.
  • Operating plants create a customer base: TNC says its services team supports 25% of America's existing nuclear fleet.

What critics are saying

  • Fairfield construction remains conditional: TNC's project requires approvals, definitive agreements, and a final investment decision.
  • Hybrid finance work requires proximity: TNC's accounts-payable role requires commuting to Columbia or relocating.
  • Outage work strains schedules: TNC Services laborers face extended travel and 10-hour or 12-hour shifts, including nights.

What makes The Nuclear Company unique

  • Vogtle builders lead execution: TNC recruited the engineering director and construction leaders behind America's latest completed reactors.
  • Software engineers work beside builders: Palantir embeds a dedicated team with TNC's construction and engineering staff.
  • Services bring established field expertise: TNC incorporates Powerhouse Resources' 25-year operating legacy.

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Funding

Total Funding

$71M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$30M
$51.3M

Benefits

  • 401(k) Company Match
  • 401(k) Retirement Plan
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-3%

2 year growth

-3%
PR Newswire
Oct 21st, 2026
Nuclear Company unveils 6.6GW Prosperity One, set to be the largest US nuclear campus, in Kentucky

The Nuclear Company announced Prosperity One, a proposed nuclear campus in Lewis County, Kentucky, that could host up to six Westinghouse AP1000 reactors. The site on the Ohio River would generate about 6.6 gigawatts, making it the largest nuclear power campus in the US if fully built. The company has site control and will partner with local landowners and community leaders. It plans to start site development and seek federal approvals from the Nuclear Regulatory Commission (NRC), with the aim of beginning construction in 2028. Lewis County is among the first in Kentucky to seek "nuclear ready community" status. County leaders voted earlier this month to submit its filing to the Kentucky Nuclear Energy Development Authority. "We are proud to partner with the community," said Joe Klecha, the company's chief nuclear officer.

PR Newswire
Jul 7th, 2026
Brad Buss joins The Nuclear Company board as independent director and audit chair

The Nuclear Company has appointed Brad Buss as an independent director and chair of the audit committee. Buss brings nearly three decades of experience in technology, infrastructure, and clean energy sectors, having participated in over $65 billion of capital markets activity. He currently serves as lead independent director of Marvell Technology and sits on the boards of AECOM and QuantumScape. Previously, he was chief financial officer at SolarCity and Cypress Semiconductor. Notably, Buss served as Tesla's first outside independent director and audit committee chair for 10 years, helping guide the company through its IPO. Jonathan Webb, chief executive officer of The Nuclear Company, stated that Buss's experience building institutional-grade public companies will prove invaluable as the firm continues growing its nuclear infrastructure deployment operations.

PR Newswire
May 18th, 2026
The Nuclear Company launches NOS Security platform to protect US nuclear infrastructure

The Nuclear Company has launched NOS Security, a next-generation security platform designed to protect nuclear energy infrastructure across the United States and allied nations. The system combines AI-enabled monitoring, autonomous drones, robotics, advanced sensing, cyber defence and real-time intelligence into a single platform. Led by Mike Marty, former head of security for Tesla Gigafactory operations, and Edward "Lee" Doby, who previously led security programmes at Southern Nuclear's Vogtle Units 3 and 4, the platform addresses growing threats including drone attacks and cyber-physical warfare targeting critical infrastructure. The system is designed to meet Nuclear Regulatory Commission requirements and will initially support The Nuclear Company's own construction projects before being offered to operating utilities and allied partners seeking to modernise existing security infrastructure.

Newswire
May 4th, 2026
Brookfield and The Nuclear Company Partner to form new company to accelerate nuclear development in the U.S. Français.

Brookfield and The Nuclear Company Partner to form new company to accelerate nuclear development in the U.S. Français. May 04, 2026, 08:45 ET The newly formed company has been selected to serve as project manager for V.C. Summer nuclear project COLUMBIA, S.C., and NEW YORK, May 4, 2026 /CNW/ - Brookfield, a leading global investment firm, and The Nuclear Company ("TNC"), a nuclear project development and delivery company, today announced a partnership to form a new company specializing in the development of Westinghouse nuclear reactor technology. The partnership's ambition is to establish a world-leading nuclear project execution company. Brookfield's global asset management and energy infrastructure development capabilities combined with TNC's nuclear project delivery expertise will serve as the foundation for the dedicated project development company. The business will offer execution capabilities for the deployment of nuclear projects based exclusively on Westinghouse reactor technology, including AP1000 and AP300, in addition to end-to-end project management, licensing support, and oversight of engineering, procurement, construction and commissioning activity. The parties expect to progress toward definitive documentation in the coming months, subject to customary approvals and conditions. As part of efforts to potentially develop two partially constructed AP1000 units near Jenkinsville, S.C., Brookfield has selected the new company as the project manager for the Fairfield County, S.C., nuclear project, formally known as V.C. Summer Nuclear Units 2 and 3 ("the Project"). The project is one of the most execution-ready nuclear development opportunities in America. Santee Cooper, South Carolina's state-owned utility company, supports the company's role on the project. The new company will support due diligence activity for the Project and oversee the delivery should it move forward to Final Investment Decision. Development of the project remains subject to further evaluation, regulatory approvals, and the execution of definitive agreements. "This joint venture reflects Brookfield's disciplined approach to large-scale infrastructure investment and focus on partnering with experienced operators," said Wyatt Hartley, Managing Partner, Brookfield. "By combining our global infrastructure development capabilities with nuclear project delivery expertise, we believe this platform has the potential to accelerate the American nuclear resurgence, building on the momentum of the Westinghouse partnership with the U.S. Government." "Our team was built on the field of Vogtle and on some of the most complex energy projects in the world," Joe Klecha, Chief Nuclear Officer of The Nuclear Company said. "We know what it takes to deliver nuclear. What's been missing is a model that brings together the people, the capabilities, and the capital to do it at speed and scale. That's what this partnership creates." About Brookfield Brookfield is a leading global investment firm with more than $1 trillion in assets under management that owns and operates real assets and essential service businesses that form the backbone of the global economy. We invest on behalf of both institutions and individuals around the world across infrastructure, renewable power and transition, private equity, real estate, and credit-sectors critical to supporting economic growth and productivity. With a heritage spanning more than a century and operations in over 30 countries, we deploy long-term, patient capital to build the foundational assets and businesses that power a more connected, resilient, and sustainable future-seeking to build long-term wealth for our clients while delivering strong risk-adjusted returns for our shareholders. Brookfield Corporation (ticker: BN), and Brookfield Asset Management (ticker: BAM), a leading global alternative asset manager, headquartered in New York, are both listed on the NYSE and TSX. About The Nuclear Company The Nuclear Company pioneers the modernization of nuclear construction through its design-once, build-many approach, backed by its proprietary Nuclear Operating System (NOS), an AI-driven platform that transforms reactor construction for all technologies into a data-driven, predictable process. Founded by nuclear power and energy infrastructure veterans, including the team that brought Vogtle Units 3 and 4 online, TNC deploys nuclear power and services existing facilities to ensure long-term, American energy security. SOURCE The Nuclear Company The Nuclear Company Media, Clara McGrail Tel: +1 839 839 3851 Email: [email protected]; Brookfield Media, Carina Uehara Tel: +1 212 417 2482 Email: [email protected]

bdtonline.com
Sep 23rd, 2025
Former Amazon, Tesla Leader Joins The Nuclear Company as Chief Legal Officer

The Nuclear Company, which is leading gigawatt-scale deployment of nuclear power across America and pioneering the modernization of nuclear construction, today announced the hiring of Robert Harmon as Chief Legal Officer.

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