Blue Energy Secures $380M to Construct Grid-Scale Nuclear Reactors in Shipyards
Blue Energy has raised $380 million in funding to build grid-scale nuclear reactors in shipyards, aiming to streamline construction and reduce costs. The company plans to construct its first 1.5 gigawatt reactor in Texas later this year, leveraging shipyard infrastructure for prefabrication. The funding was led by VXI Capital with participation from several venture firms.
Topics: Blue Energy energy infrastructure funding nuclear power shipyard construction startups