Aalo
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Overview
Aalo is a company specializing in the production of mass-manufactured nuclear power plants. Founded in 2022 by Matt Loszak and headquartered in Austin, Texas, Aalo has quickly positioned itself as an innovator in the nuclear energy sector. The company has raised over $136 million to date, with key investors including Valor Equity Partners and Hitachi Ventures. Aalo's primary focus is on creating scalable and reliable nuclear power solutions, specifically designed to provide energy for facilities such as data centers.
Recent Developments
- August 2025: Aalo raised $100 million in a Series B funding round, led by Valor Equity Partners. This funding will support the construction of a 50 MWe microreactor, Aalo-X, at the Idaho National Laboratory, scheduled for operation by summer 2026.
- April 2025: The company completed a non-nuclear prototype of its 50 MW SMR (Small Modular Reactor). This initiative aims to support the energy demands of data centers with a reliable and clean power source.
- March 2025: Aalo announced agreements with Idaho Falls Power for potential microreactor siting. The plan includes building the first factory-built commercial microreactors in the U.S. This aligns with their goal to deploy microreactors to various commercial and municipal applications.
- February 2025: The company's regulatory engagement plan submitted to the NRC outlines future developments, including building a new reactor facility at the Idaho National Laboratory.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2022 |
| Headquarters | Austin, TX |
| Founders | Matt Loszak |
| Revenue | Not disclosed |
| Profits | Not disclosed |
| Key Investors | Valor Equity Partners, Hitachi Ventures |
| Industry | Alternative Energy Equipment |
| Number of Employees | Approximately 70 as of 2025 |
Early History
Aalo was founded in 2022 with the mission of advancing nuclear technology as a clean and efficient energy source. The company aimed to address the growing need for sustainable power, particularly to support high-demand sectors like data centers. Initial funding rounds allowed Aalo to begin designing innovative nuclear power solutions, leveraging a background in the MARVEL project at Idaho National Laboratory. This collaboration laid a solid foundation for Aalo's subsequent growth and development.
Company Profile and Achievements
Aalo operates within the nuclear energy sector, specializing in scalable nuclear power plant solutions. Its flagship product, the Aalo Pod, is designed to be a 50 MWe power plant incorporating five 10 MWe reactors. These reactors use liquid sodium as a coolant, a choice that supports faster heat extraction and increases energy output by up to ten times relative to other technologies of similar size.
Key achievements include:
- Incorporating designs inspired by the MARVEL reactor, which enables rapid deployment and mass manufacturability of reactors.
- Completing a functional non-nuclear prototype of the Aalo Pod, signifying a significant milestone in the company's pursuit of advanced nuclear power solutions.
- Establishing strategic partnerships with the DOE and other stakeholders to secure locations and approval for plant construction.
Current Operations and Market Position
Currently, Aalo focuses on the development and deployment of microreactors to serve data centers and other high-energy-demand facilities. The company's reactors aim to provide cost-competitive energy solutions at a target of three cents per kilowatt-hour. Aalo's strategy has positioned it as a forward-thinking player in the nuclear energy industry, emphasizing safety, scalability, and economic viability.
Conclusion
Aalo has emerged as a pioneering force in the nuclear energy landscape, driven by its commitment to delivering efficient, reliable, and scalable power solutions. The company's innovative approach to manufacturing and deploying nuclear reactors puts it at the forefront of addressing global energy needs, particularly in technologically intensive sectors such as data center operations. As Aalo continues to develop its technology and expand its reach, it stands poised to make significant contributions to clean energy initiatives across various industries.