Predict your next investment

TerraPower company logo
ENERGY & UTILITIES | Electric / Nuclear
terrapower.com

See what CB Insights has to offer

Stage

Grant | Alive

Total Raised

$115M

Last Raised

$80M | 1 yr ago

About TerraPower

TerraPower aims to develop a sustainable and economic nuclear energy system while reducing proliferation risks and creating new options for converting low-level waste into vast energy resources.

TerraPower Headquarter Location

3150 139th Ave SE Building 4

Bellevue, Washington, 98005,

United States

Latest TerraPower News

Bill Gates' nuclear-power firm will help build a $170 million experimental nuclear reactor in Idaho

Nov 24, 2021

Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Bill Gates's nuclear-power firm, TerraPower, is helping to build a small experimental nuclear reactor in Idaho that is expected to cost $170 million. The project is led by the gas and electric utility giant Southern Company, which plans to use TerraPower's tech to develop a molten-chloride fast reactor, according to Southern's statement . The Idaho project is different from TerraPower's liquid-sodium nuclear reactor in Wyoming because it uses molten chloride. This means it can operate at higher temperatures than traditional nuclear reactors and is a carbon-free energy source, per Southern's statement. The five-year project is designed to test, research, and develop molten-chloride fast reactors. The US Department of Energy (DoE) is funding 80% of the $170 million nuclear-reactor project — the rest of the money will come from Southern, TerraPower, and the other companies involved, Bloomberg reported. In 2015, Southern and TerraPower were awarded $40 million by the DoE to build the necessary infrastructure for molten-chloride fast reactors, according to Southern's statement. The experimental nuclear reactor will supply less than 500 kilowatts of power, but a commercial version could produce around 720 megawatts, Lauren Lathem, a Southern program manager, told Bloomberg. In comparison, TerraPower's Wyoming nuclear power plant is set to provide 500 megawatts of power — enough to power around 400,000 homes, TerraPower previously said in a statement . The reactor in Idaho is scheduled to go into service in 2026, Southern's Lathem told Bloomberg. TerraPower didn't immediately respond to Insider's request for comment. Southern bills TerraPower's technology as "important to a sustainable clean energy future," per the statement. "The Molten Chloride Reactor Experiment will continue this important work in a critical reactor experiment, leading to the successful development of low-cost, clean energy for the future," Chris Levesque, TerraPower's president and CEO, said in the statement. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing TerraPower

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned TerraPower in 1 CB Insights research brief, most recently on Oct 17, 2019.

TerraPower Patents

TerraPower has filed 141 patents.

The 3 most popular patent topics include:

  • Nuclear power reactor types
  • Nuclear technology
  • Nuclear reactors
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/7/2019

11/9/2021

Nuclear power reactor types, Nuclear technology, Nuclear reactors, Nuclear chemistry, Nuclear physics

Grant

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

Application Date

10/7/2019

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Grant Date

11/9/2021

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Title

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Related Topics

Nuclear power reactor types, Nuclear technology, Nuclear reactors, Nuclear chemistry, Nuclear physics

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Grant

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

TerraPower Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

TerraPower Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.