Applied Atomics is building 100MW–1GW nuclear power plants co-located with large infrastructure campuses using established light-water reactor architecture and partnerships with industry players. The company emphasizes integrated plant design, supply chain control, and long-term operating capability. It plans to own and operate its plants and deliver electricity to customers under long-term power purchase agreements that provide predictable pricing and capacity assurance over multi-decade operating lives. Applied Atomics is led by CEO Benjamin Kellie and is based in Los Angeles, California. Following the recent financing, the company intends to expand its engineering, product, and deployment teams to scale internal execution capacity for designing, building, and operating its first plants.

Total raised

$8M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2026