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TerraPower
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Developer of a novel nuclear energy generation system

Founded in 2008
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector nuclear fission

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Bellevue, WA Bellevue, United States
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Updated by Cleantech Group on 08/15/2022

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Date Partner Type
08/28/2020
GE Hitachi Nuclear Energy GE Hitachi Nuclear Energy
The companies are launching the Natrium concept, which pairs five hours of storage and a sodium fast reactor. The solution could be used to boost a 345-megawatt small modular reactor to around 500 megawatts for a period of up to five hours.
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Confirmed by GE Hitachi Nuclear Energy
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IPO INFORMATION

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Date Investors Type Amount
08/15/2022 SK Innovation SK Innovation , SK Inc SK Inc , Bill Gates Bill Gates (3)
Post-money valuation of
Funding will accelerate research on nuclear isotopes for medicinal uses and carbon free energy technologies used as fossil fuels alternatives.
Buyout / Late-Stage Private Equity $750,000,000
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