Industrious Ventures has announced its investment in Antares, a company developing innovative nuclear microreactors aimed at providing reliable energy solutions for critical missions in defense and space operations.

Target Information

Antares is a pioneering company focused on developing compact nuclear microreactors, designed specifically for critical applications in various challenging environments. With a particular emphasis on the 100 kWe to 1 MWe range, their innovative technology is geared towards delivering reliable power solutions in locations beyond traditional power grid reach, such as military bases, remote operations, and space missions. Their microreactors employ a sodium heat-pipe-cooling system, allowing for a simplistic design with enhanced durability and reduced maintenance needs, making them ideally suited for operations facing logistical difficulties.

Founded by Jordan Bramble (CEO) and Julia DeWahl (President), Antares has gathered a highly skilled team with extensive knowledge in nuclear engineering and regulatory practices, thus positioning the company favorably to navigate the complexities of the energy sector. Currently, Antares has secured over $12 million in federal contracts with key stakeholders, showcasing the company's capacity for executing initiatives that support national security and space exploration.

Industry Overview

The United States energy landscape is undergoing a significant transformation as policymakers actively support advanced nuclear technologies, particularly following the passing of the ADVANCE Act. This legislation, which received broad bipartisa