It was near-certain that more good news was on the horizon for some of the 10 companies recently selected for the Department of Energy’s Nuclear Reactor Pilot Program. Now, only one week later, one of those companies—Aalo Atomics—has become the first to make a major headline with its announcement that it has secured $100 million in Series B funding.

The race to bring test reactors on line by July 4, 2026, got a boost today when the Department of Energy unveiled the names of 10 companies selected for the Nuclear Reactor Pilot Program—a new pathway that allows reactor authorization outside national labs.

As first outlined in one of the four executive orders on nuclear energy released by President Trump on May 23 and in the request for applications for the Reactor Pilot Program released June 18, the companies must use their own money and sites—and DOE authorization—to get reactors operating. What they won’t need is a Nuclear Regulatory Commission license.

The American Nuclear Society hosted a webinar this week featuring key leaders from the nuclear community in Texas to discuss the shape of the industry today and where it is heading.

Texas A&M chancellor John Sharp has announced that the university could soon become a home to small modular reactors from four advanced nuclear companies: Kairos Power, Natura Resources, Terrestrial Energy, and Aalo Atomics.

Aalo reported last week that it has submitted a regulatory engagement plan to the Nuclear Regulatory Commission in “a huge step forward in getting regulatory approval for our Aalo-1 reactor.”

The Gateway for Accelerated Innovation in Nuclear (GAIN) announced December 19 that seven firms will get vouchers to access the nuclear research facilities and expertise of the national laboratory complex in the first round of fiscal year awards. Each company is paired with one or more national laboratories to work on concepts from advanced reactor fueling to fuel recycling to climate forecasting.