Wedoany.com Report-May 3, The Nuclear Company, a U.S.-based firm focused on advancing nuclear construction, has successfully completed its Series A funding round and opened its primary engineering and construction office in Columbia, South Carolina. The company, which began operations in 2024, aims to enhance U.S. nuclear capacity through a streamlined, fleet-scale model that integrates proven technology with a standardized “design-once, build-many” approach. This strategy emphasizes consistent processes, optimized scheduling, and advanced tools to reduce delays and boost efficiency.

The Nuclear Company plans to modernise nuclear construction in the USA

The company employs modern construction techniques, innovative manufacturing, and digital solutions, including AI-driven site selection, real-time project monitoring, and integrated supply chain management. These efforts are designed to support the development of reliable, sustainable energy infrastructure. The Nuclear Company is currently assessing locations to support a 6-gigawatt fleet of reactors, signaling its commitment to expanding nuclear energy capacity.

South Carolina, the chosen location for the new office, generates over half of its electricity from nuclear power and provides a supportive environment with robust energy infrastructure. The state’s leadership has actively promoted nuclear energy development, aligning with the company’s goals. South Carolina Governor Henry McMaster welcomed the investment, stating: “Reliable, affordable energy is essential for our future prosperity, and this investment marks another step toward securing a bright future for our state. As our population increases and technology advances, expanding nuclear power will be critical to meeting our energy needs.”

The Series A funding round, led by venture capital firm Eclipse, included contributions from all previous investors. Greg Reichow, an Eclipse partner and former Tesla executive, joined The Nuclear Company’s board, emphasizing the importance of scaling nuclear power. He noted that the challenge “is one of the most critical of our time,” drawing parallels to rapid advancements in industries like automotive and aerospace.

Eclipse highlighted the growing energy demands driven by technologies such as AI and robotics, stating on LinkedIn: “The rise of energy-hungry technology like AI and robotics is why expanding the US portfolio of energy resources is crucial, and why Eclipse believes it’s time to get serious about expanding nuclear power.” The firm acknowledged challenges, including the loss of infrastructure for reactor component manufacturing and the need for updated construction protocols to ensure safe, efficient, and cost-effective projects. Eclipse expressed confidence in The Nuclear Company’s mission to address these issues, underscoring its leadership in the funding round.

The Nuclear Company’s initiatives aim to strengthen the U.S. energy sector, create economic opportunities, and support sustainable energy solutions to meet future demands.