Stellaria
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€1.7m | Seed | ||
Total Funding | $1.9m |
Recent News about Stellaria
EditStellaria Energy is a pioneering company in the nuclear energy sector, focusing on the development and deployment of Small Modular Reactors (SMRs) with a capacity of 100MWe. These reactors are designed to be safe, efficient, and environmentally friendly, featuring a 'safe by design' approach that eliminates the risk of catastrophic failures like Fukushima. The company leverages molten salt technology, which offers a compact and high-density energy storage solution, making it a viable alternative to traditional coal and lithium-ion batteries. Stellaria Energy's SMRs are capable of stabilizing power levels rapidly, making them ideal for complementing renewable energy sources and handling the fast-changing loads of industrial facilities. The reactors also have the unique ability to regenerate their own fuel and burn old nuclear waste, contributing to a sustainable and long-term energy solution. Stellaria Energy serves a diverse range of clients, including industrial facilities and energy providers, operating in the high-value segment of peak load power production. The company's business model revolves around the sale and maintenance of these advanced reactors, generating revenue through long-term contracts and service agreements.
Keywords: Nuclear energy, SMR, molten salt technology, CO2 net zero, intrinsic safety, energy storage, renewable complement, fuel regeneration, industrial power, peak load production.