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Aalo Atomics

ACTIVEDOE PILOT
Active Projects
Austin Manufacturing Facility — 40,000 sqft Pilot Factory
OPERATIONAL
LOCATION
Austin, TX
CUSTOMER
Internal (manufactures Aalo-1 reactor modules and Aalo Pod components)

40,000 square-foot pilot factory in Austin, TX. Opened April 2025 alongside the unveiling of Aalo's first full-scale non-nuclear prototype of the Aalo-1 reactor. Anchor of Aalo's factory-first manufacturing strategy — modules built in Austin, shipped to site for assembly. Targeting fuel fabrication and mass production capability through 2025-2026.

Texas Non-Nuclear Prototype Site — Sodium Testing
CONSTRUCTION UNDERWAY
LOCATION
Texas (location TBD)
CUSTOMER
Internal — sodium coolant validation

Land purchased in Texas to deploy a non-nuclear prototype where Aalo can test all elements of its design including sodium coolant. Construction underway. Key de-risking milestone for the Aalo-1 commercial design before INL Aalo-X criticality. Demonstrates Aalo's sodium-handling capability outside the regulated nuclear envelope.

Texas A&M RELLIS Campus — Aalo Pod Deployment
SITE SELECTION
1000 MWe
REACTOR TYPE
Aalo Pod fleet (multiple units, up to 1 GW)
LOCATION
Texas A&M RELLIS Campus, Bryan, TX
CUSTOMER
Texas A&M University System

Aalo selected as one of four firms for Texas A&M's "Energy Proving Ground" SMR siting program at the RELLIS Campus. Allocated up to 1 GW of nuclear energy generation capacity. Same site selection program that picked Terrestrial Energy and others — RELLIS becomes a multi-company SMR demonstration cluster. Texas-based deployment aligns with Aalo's home state strategy and recent state legislation supporting nuclear development.

Aalo Pod — Flagship XMR (5x Aalo-1 + Turbine)
COMMERCIAL PRODUCT UNVEILED APRIL 2025
50 MWe
REACTOR TYPE
Extra Modular Reactor (XMR) plant: 5 Aalo-1 reactors + 1 shared turbine
CUSTOMER
AI data center hyperscalers

Aalo's flagship commercial product unveiled April 2025. 50 MWe extra modular reactor (XMR) purpose-built for AI data center on-site power. Each Pod = 5 Aalo-1 reactors (10 MWe each) + 1 shared turbine. Reactors are fully modular and "snap together like Legos" via standardized electrical and fluid interfaces. Scalable from single 10 MW units to gigawatt-scale facilities. Target cost: 3 cents per kilowatt-hour. "XMR" is Aalo's coined term distinguishing the modular factory architecture from traditional SMR concepts.

Aalo-1 — Commercial Microreactor
PRE-LICENSING — DESIGN VALIDATED BY AALO-X EXPERIMENTAL PILOT
10 MWe
REACTOR TYPE
Sodium-cooled microreactor, thermal neutron spectrum (MARVEL-inspired)
COOLANT
Liquid sodium
FUEL
UO2 at 8% enrichment (LEU+) — pivoted from earlier UZrHx fuel design

Aalo Atomics' commercial reactor product. 30 MWth / 10 MWe sodium-cooled microreactor. Architecture directly inspired by INL's MARVEL microreactor (designed by CTO Yasir Arafat at DOE). Factory-built and shipped as modules — assembled on site. Critical fuel pivot June 2025: shifted from MARVEL's uranium-zirconium hydride (UZrHx) fuel to UO2 at 8% enrichment (LEU+) — chose supply chain maturity over fuel-physics optimization. Future option to move to HALEU 20% "only if cost is right" per Loszak. Aalo-X experimental at INL uses standard 5% LEU as starter fuel.

Aalo-X — Experimental Pilot at INL
CONSTRUCTION (BROKE GROUND AUGUST 29, 2025)
10 MWe
REACTOR TYPE
Sodium-cooled XMR with UO2 fuel — validation reactor for Aalo-1 commercial design
COOLANT
Liquid sodium
FUEL
5% LEU UO2
TARGET DATE
2026
LOCATION
Idaho National Laboratory — adjacent to Materials and Fuels Complex
CUSTOMER
DOE Reactor Pilot Program — Aalo was first to break ground (August 29, 2025)
DOE SUPPORT
DOE Reactor Pilot Program (Trump administration) — Aalo signed Other Transaction Agreement (OTA) and completed Preliminary Design Review with DOE Nov 2025; >20 DOE reviewers, independent experts, and NRC observers participated

First-of-a-kind XMR pilot built to validate the Aalo-1 commercial design. 10 MWe factory-built experimental power plant, modules assembled on-site at INL. **TARGET: criticality on July 4, 2026** — symbolic Independence Day milestone. Built next to INL's Materials and Fuels Complex. Notable construction innovation: precision vertical drilling instead of conventional blasting/open-cut excavation — proven in skyscraper foundations and diamond mines, double the speed at half the cost. Site sits within a previously disturbed parcel covered by an approved EIS from the Versatile Test Reactor (VTR) program (which was 30x larger thermal output) — accelerates environmental review.

Funding Intelligence
Seed (2023)~$5MFounders Fund, Y Combinator
Q2 2023

2023 Seed round. Specific amount publicly reported as approximately $5M based on industry sources. Foundational raise that established Aalo's Austin TX presence and INL-pseudo-spinout structure.

Series A$33MValor Equity Partners
Q2 2024

Series A round April 2024 led by Valor Equity Partners. Funded the 40,000 sqft Austin TX manufacturing facility buildout (opened April 2025) and the full-scale non-nuclear prototype. Established Aalo's manufacturing-first commercial thesis.

Series B$100MValor Equity Partners
Q3 2025

Series B round August 19, 2025 led by Valor Equity Partners. 11 investors participated. Brings cumulative funding to $136M+. NRG Energy participation notable — first major US utility / merchant generator on the Aalo cap table. Hitachi Ventures connects to GE Hitachi nuclear ecosystem. Funds Aalo-X prototype build at INL targeting July 4, 2026 criticality, plus pilot factory + 120-person team scale-up.

Company Snapshot
CEO
Matt Loszak
Last Round
$100M
Q3 2025
Funding Stage
Series B ($136M+ total)
Founded
2023
HQ
Austin, USA
Customer
Internal (manufactures Aalo-1 reactor modules and Aalo Pod components)
Headcount
113
Key Investors
Founders Fund
Peter Thiel's venture fund
Y Combinator
Leading startup accelerator
Valor Equity Partners