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TerraPower

TerraPower

Leading innovations in nuclear applications for reactor and storage technology, while advancing methods to transform the fight against cancer.

Sector
Fission

71 in this dataset

Technology
Sodium fast reactor

4 developers pursuing it

Fuel
High-assay low-enriched uranium
Headquarters
🇺🇸Bellevue, US

103 organisations in US

Founded
2006
Status
Active
Role
Reactor developer

What these terms mean

Every classification on this page, defined. These are controlled-vocabulary terms, so the same word means the same thing on every profile.

Reactor developer
Develops a fission reactor design. Carries no implication that anything is licensed, funded or built.
Fission
Advanced and small modular fission reactor developers, plus established reactor vendors.
Sodium fast reactor › › Sodium fast reactor
Liquid sodium coolant with a fast neutron spectrum. Sodium carries heat superbly at atmospheric pressure, but burns in air and reacts violently with water.
High-assay low-enriched uranium
5–20% U-235. The binding supply constraint for most advanced reactor designs.

Funding

$830M
disclosed equity

across 1 round

Deals involving TerraPower
DateInstrumentAmountDetail
2022-08 Equity roundGrowth $830M

In TerraPower’s own words

Quoted from the organisation’s own site as we archived it. Their description of themselves, not ours, and not a claim this site has checked.

TerraPower’s innovators create technologies to provide safe, affordable and abundant carbon-free energy. They devise ways to use heat and electricity to drive economic growth while decarbonizing industry. And they develop processes to extract radioisotopes for medical use in lifesaving cancer treatments.

TerraPower is proud of our culture of mission-driven innovation. Our employees develop clean, safe energy to address climate change and global poverty, and drive medical advances for human health applications. We attract exceptional people and encourage them to confront big challenges with bold creativity. We drive hard for progress while keeping our values at the forefront.

Our mission is to solve the world’s toughest problems in energy, climate and human health through innovative nuclear technology.

Our vision is improving the quality of human lives by providing abundant, affordable clean energy and new solutions to cure disease and enhance public health.

At our core are the TerraPower Guiding Principles of Deliver on the Mission, Build & Demonstrate Trust, Respect One Another, Show Integrity, Communicate Openly and Foster Teamwork. Solving tough problems requires talented people coming together in an inclusive environment.

Be the first to hear about TerraPower's latest innovations, partnerships and breakthroughs.

Our innovative molten salt energy storage fills this energy gap, delivering stable electricity supply for the grid when renewables are offline. Other designs do not have this flexibility.

Where TerraPower sits

Composed from records in this dataset, not from outside research. Every figure below is counted from what the site holds, so it moves when the data does.

TerraPower is one of 4 organisations in this dataset pursuing sfr.

It is one of 103 we hold in US.

Disclosed equity funding totals $830m across 1 round, which ranks 3 of 14 among organisations here with a disclosed figure.

1 regulatory milestone is tracked against a regulator's own record.

Related organisations

Others pursuing the same approach, then others in the same country.

Regulatory position

Stage as recorded against the regulator’s own docket where one is held. An entry marked no anchor has no reference a reader could look up.

Regulatory milestones for TerraPower
StageDateRegulatorAnchor
Application submittedConstruction permit application submitted for Natrium (Kemmerer, Wyoming) 2024-03 US Nuclear Regulatory Commission no anchor

Pursuing the same technology

Others in this dataset working on Sodium fast reactor.

Sources

A source marked operator is the subject’s own publication. That is legitimate, and it is not independent confirmation. Methodology.