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Emerald Nuclear wins $2.1M Norway grant for nuclear ship propulsion

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Seattle startup Emerald Nuclear received a $2.1 million award from The Research Council of Norway to validate its high-temperature gas reactor technology with marine partners under Norway's Marine Nuclear Propulsion System Pilot project. The five-person company has not yet built a reactor. It targets a first prototype and a 5 MW Gem Microreactor by 2030, with commercial deployment on a Norwegian offshore vessel in 2031. Reaching that will require additional financing, regulatory approvals and a reliable fuel supply; it has previously raised an undisclosed amount from angel investors.

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Latest updatesOct 27 22:06
Emerald Nuclear Wins $2.1M Norway Grant for Nuclear Ship Propulsion

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Oct 27
  1. GeekWire
    Emerald Nuclear Wins $2.1M Norway Grant for Nuclear Ship Propulsion

    Seattle startup Emerald Nuclear received a $2.1 million award from The Research Council of Norway to validate its high-temperature gas reactor tech with marine partners under Norway's Marine Nuclear Propulsion System Pilot project. The company, which has five employees and has not yet built a reactor, targets a first prototype and a 5 MW Gem Microreactor by 2030, with commercial deployment on a Norwegian offshore vessel in 2031.

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