Nuclear Power Startups Are Heating up in Southern California, with Radiant’s Ultra-Portable Microreactors a Major Player
What if you could deliver a megawatt of energy anywhere in the world a cargo container could be shipped? For an El Segundo-based company, this sci-fi-sounding dream may be much more “next Tuesday” than “next planet.”
Radiant, a startup that is repackaging and refining traditional nuclear technology into a portable microreactor, is on the home stretch to development and testing of its prototype reactor following a $165 million Series C funding round (bringing total raised capital to $225 million) and the hiring of key executives, including Dr. Rita Baranwal, former U.S. Assistant Secretary for Nuclear Energy. Baranwal serves as Radiant’s chief nuclear officer, and most recently worked at Westinghouse on their modular reactor program. The company also hired Mike Starrett as its first chief revenue officer.