US nuclear start-ups battle funding challenge
Small module reactors suffer financing setbacks and regulatory headwinds. Shares of NuScale are down 70% this year. A $1.8 bln deal for X-energy to go public collapsed. Oklo plans to go public and raise $500 mln via SPAC, but the Nuclear Regulatory Commission denied its permission, saying it did not provide enough information on its reactor design.

12 December 2023

Financial Times