small-modular-reactor

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Company
Apollo Atomics
Climate · Hardware · Enterprise

Apollo Atomics

Apollo Atomics is a Cambridge, Massachusetts nuclear startup building the most power-dense pressurized water reactor. By redesigning the steam generator - the bulkiest part of a conventional plant - into a proprietary Compact Steam Generator, the company shrinks a proven reactor design by roughly an order of magnitude, turning a decade-long construction project into a factory-built machine that fits on a truck and deploys in under 24 months. Founded by MIT nuclear PhD Assil Halimi and operator Drew Walker, Apollo is in Y Combinator's Spring 2026 batch and is testing its design in collaboration with MIT.

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Company
Last Energy
Climate · Hardware · Enterprise

Last Energy

Last Energy is a US-based developer of factory-built micro modular nuclear power plants. Its flagship PWR-20 is a 20-megawatt pressurized water reactor assembled from truck-shippable modules and delivered as a turnkey, build-own-operate service. Rather than selling reactors, Last Energy sells electricity and heat under long-term power purchase agreements, targeting data centers and energy-intensive industries that need reliable, carbon-free baseload power without financing or operating a plant themselves.

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Legend
Bret Kugelmass
Founder · Executive · Engineer

Bret Kugelmass

Bret Kugelmass is the founder and CEO of Last Energy, an Austin-based company building factory-made 20-megawatt nuclear power plants designed to be shipped, assembled, and switched on like industrial equipment rather than built on-site like cathedrals. A Stanford-trained roboticist who once helped build a lunar rover control device at NASA, he sold a drone startup, then interviewed more than 800 nuclear experts on his Titans of Nuclear podcast before concluding that the technology was never the problem - the cost of slow, custom construction was. Last Energy has raised about $164 million, closing an oversubscribed $100 million Series C in December 2025, and is racing to plug a pilot reactor into the Texas A&M-RELLIS grid by mid-2026.

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