The Nuclear Regulatory Commission has issued its first permit in nearly a decade to Bill Gates' TerraPower for a new nuclear reactor.
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TerraPower, founded by Bill Gates, has secured NRC approval to construct a novel molten sodium-cooled nuclear reactor in Wyoming, marking a significant milestone for non-water-cooled commercial reactor technology.
Power output of the Natrium reactor.
Total capital raised by TerraPower startup.
Funding round closed in June 2025.
TerraPower, founded by Bill Gates, has secured NRC approval to construct a novel molten sodium-cooled nuclear reactor in Wyoming, marking a significant milestone for non-water-cooled commercial reactor technology.
Power output of the Natrium reactor.
Total capital raised by TerraPower startup.
Funding round closed in June 2025.
TerraPower receives first NRC reactor permit in decade.
Natrium reactor uses molten sodium cooling technology.
Reactor design stores energy to balance renewables.
Nuclear startups attract over $1 billion investment.
Positive
The text reports on a significant technological and regulatory achievement for a startup, balanced by realistic acknowledgment of industry cost challenges.