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MIT Spinoff Announces $31 Million In Financing For Next-Generation PWRs

By David Dalton
26 August 2026

Apollo Atomics developing portfolio of three nuclear reactor systems

MIT Spinoff Announces $31 Million In Financing For Next-Generation PWRs
Apollo Atomics’ chief executive officer and co-founder Assil Halimi. Courtesy Apollo Atomics.
Apollo Atomics, a Massachusetts Institute of Technology spinoff building the next generation of pressurised water reactors (PWRs), announced $31m (€26.5m) in seed financing to commercialise a nuclear platform designed to be manufactured at scale rather than constructed as a one-off megaproject.

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