Microreactor Startup Antares Raises $96M For Land, Sea, And Space-Based Nuclear Power

Microreactor Startup Antares Raises $96M For Land, Sea, And Space-Based Nuclear Power

Microreactor Startup Antares Surges With $96M Boost Microreactor startup Antares is gaining attention as energy markets search for cleaner, more reliable power sources. Many readers are asking what Antares does, how its microreactor technology works, and why investors are pouring millions into nuclear innovation. Within this latest funding milestone, the company secured $96 million to accelerate its next-generation R1 reactor, designed for use across land, sea, and even space environments. The raise also signals broader momentum in nuclear startups, which have seen a wave of investment activity over the last six months as the world reevaluates advanced nuclear power. Credits:XH4D / Getty Images Antares Raises $96M to Advance Its R1 Microreactor Design Antares confirmed on Tuesday that it successfully closed a $96 million Series B round , giving the startup a major boost as it pushes toward commercialization. The round includes $71 million in equity and $25 million in debt , backing the comp…