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NEWS: Valar Atomics has raised $1B to churn out its SMR reactors.
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Energy Central
Where’s the money going?
Valar will use the new funds to produce “fleets” of its Ward 250 reactors “en masse,” the company said in a statement (it’s eventually targeting “thousands of reactors” per year).
These reactors were the second in the DOE’s pilot program to reach criticality.