Aalo Atomics First to Break Ground as Part of President Trump’s Nuclear Reactor Pilot Program
Today, Austin-based Aalo Atomics broke ground to start construction on Aalo-X, the first experimental extra modular nuclear reactor (XMR). Located next to Idaho National Laboratory (INL)’s Materials and Fuels Complex, Aalo plans to complete construction and achieve criticality for this reactor by July 4th, 2026. The groundbreaking event – coming just two weeks after Aalo was selected by the U.S. Department of Energy (DOE) to participate in President Trump’s Nuclear Reactor Pilot Program – underscores Aalo’s ability to move at incredible speed to meet the imminent market need for new reliable, scalable and safe energy sources to power the next generation of data centers.
Aalo Atomics Secures $100 Million in Series B Funding to Build Modular Nuclear Plants Purpose-Built for Powering AI Data Centers
Aalo Atomics, the company building fully modular nuclear plants to power modern AI data centers, has secured $100M in Series B funding led by Valor Equity Partners with participation from new and existing investors including Fine Structure Ventures, Hitachi Ventures, NRG Energy, Vamos Ventures, Tishman Speyer, Kindred Ventures, 50Y, Harpoon Ventures, Crescent Enterprises, Crosscut, Alumni Ventures, MCJ, Gaingels, and Nucleation Capital, among others. Aalo has raised more than $136 million to date and is moving at lightspeed for a nuclear company, completing its first full-scale non-nuclear prototype earlier this year with plans to finish construction on its first extra modular nuclear reactor (XMR) in 2026.
Aalo Atomics Unveils Prototype of Industry’s First Fully Modular Nuclear Plant (“Xmr”); New Breed of Reactor Is Purpose-Built for AI and Data Centers
Aalo Atomics, the company building fully modular nuclear plants (“XMRs”) to power modern AI data centers, today unveils the first non-nuclear prototype of its Aalo-1 reactor as well as its state of the art, 40,000 square foot manufacturing facility in Austin. These developments represent a critical step toward achieving the company’s goal of providing data centers with fast, safe, clean, reliable power and is further proof of two-year-old Aalo moving at lightspeed for a nuclear company.
