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Apollo Atomics is targeting cost-competitiveness with natural gas by miniaturizing the steam generator, a critical component for thermal energy conversion in nuclear reactors. This approach leverages high-density uranium fuel to enable mass-manufactured, compact reactor designs rather than pursuing incremental improvements to existing large-scale infrastructure. The startup's goal is to demonstrate a commercial unit by 2028 that achieves electricity generation rates of 3 cents per kilowatt hour.
Apollo Atomics wants to make nuclear power cheaper by shrinking an overlooked part

Y Combinator alumnus Apollo Atomics is shrinking a key nuclear reactor part, which promises to slash the cost of electricity below natural gas.
The nuclear power industry is undergoing something of a renaissance, with startups raking in funding to develop advanced reactors in a quest to lower costs. But based on recent projections, it’s unlikely those reactors will be cost-competitive anytime soon. Assil Halimi and Drew Walker, the founders of Apollo Atomics, think that’s because companies have been chasing the wrong problem. So instead of designing a new reactor, Apollo is…
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