What does Applied Atomics do?
Applied Atomics is a US-based deep-tech startup that develops and operates full-stack nuclear power plants (100MW–1GW) for industrial customers, delivering dispatchable, carbon-free electricity through long-term power purchase agreements. Founded by former SpaceX and aerospace leaders, it vertically integrates Gen III+ reactor technology with in-house plant engineering, supply chain, and operations to speed deployment and lower cost. It raised an $8.3M Seed round in March 2026 led by Transition, bringing total funding to roughly $12M.