Antares just landed $470 million to power U.S. military bases with its small modular nuclear reactors, signaling a major leap for advanced fission startups fueled by AI’s electricity hunger. Their TRISO-fueled SMRs—capable of powering 750 homes—hit criticality just weeks ago, and they’re one of three finalists in a Pentagon program aiming for live deployments by 2028. With over $600 million raised total, Antares is betting on military contracts to scale, even as supply chain and manufacturing hurdles remain. The nuclear renaissance is heating up—and Antares is at the front of the pack.
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