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Blue Energy raises $380M to build grid-scale nuclear reactors in shipyards

CN
CitrixNews Staff
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Blue Energy raises $380M to build grid-scale nuclear reactors in shipyards

As the grid strains under the weight of electrification and AI data centers, tech companies and utilities have been evaluating whether nuclear power can help with the burden. After the two most recent reactors built in the U.S. went over budget and past schedule, they aren’t keen to repeat the past. 

But Jake Jurewicz, co-founder and CEO startup Blue Energy, believes the answer to faster, cheaper buildouts can actually be found in the industry’s early history.

Originally reported by TechCrunch