Deep Fission goes Public in Unusual SPAC Deal

Nuclear startup Deep Fission goes public in a curious SPAC, raising $30M to scale underground microreactors.
Matilda
Deep Fission goes Public in Unusual SPAC Deal
Nuclear startup Deep Fission goes public in a curious SPAC Nuclear startup Deep Fission goes public in a curious SPAC, shaking up the energy and tech sectors with a bold bet on underground reactors. The company raised $30 million through a reverse merger, a move that feels more like 2021 than 2025. Image Credits:XH4D / Getty Images A new take on nuclear power Deep Fission’s vision is simple but radical: build compact 15-megawatt nuclear reactors, encase them in steel, and lower them into mile-deep, 30-inch-wide boreholes. By burying them, the company hopes to sidestep traditional nuclear fears—meltdowns, sabotage, and security risks. These reactors use pressurized water cooling, a proven technology borrowed from nuclear submarines and existing power plants. The underground design aims to combine reliability with a smaller physical footprint. Big partnerships and government backing Earlier this year, Deep Fission signed a deal with Endeavor, a major data center developer, to supply up to 2 gi…