Matt Loszak (Aalo)
Overview
Matt Loszak is a notable figure in the nuclear energy sector, primarily recognized for his role as the co-founder and CEO of Aalo Atomics. Aalo Atomics is a pioneering company focused on the development and deployment of factory-manufactured nuclear reactors. These reactors are designed to provide scalable, clean energy solutions for data centers and potentially other large-scale applications. Loszak's career includes efforts to modernize and commercialize nuclear technology, and he has been instrumental in advancing the use of small modular reactors (SMRs) to meet growing energy demands, particularly those driven by the burgeoning AI industry.
Recent Developments
- August 2025: Aalo Atomics secured a $100 million Series B round led by Valor Equity Partners, signaling significant growth and validation of the company's market potential. The funds are earmarked for constructing their first nuclear power plant, Aalo-X, at the Idaho National Laboratory.
- July 2025: The Department of Energy selected Aalo for its Reactor Pilot Program, aiming for Aalo-X to achieve criticality by July 2026. This marks a significant milestone as potentially the first advanced nuclear reactor in decades in the US.
- June 2025: Aalo decided to switch from specialized UZrH fuel to more widely available uranium dioxide to facilitate a faster deployment and meet urgent market demands.
- July 2024: Aalo opened a 40,000 square foot pilot manufacturing facility in Austin, Texas, to bolster its production capabilities, including building full-scale reactor prototypes.
- December 2024: Aalo received DOE's approval to pursue authorization for operating a power plant at the Idaho National Laboratory site.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Matt Loszak |
| Born | Not publicly available |
| Nationality | Canadian |
| Occupation | CEO, Co-founder of Aalo Atomics |
| Known For | Nuclear innovation, Co-founding Aalo Atomics |
| Net Worth | Not publicly available |
| Education | Background in engineering and physics |
Early Life and Education
Matt Loszak grew up in Ontario, Canada, where his early experiences with the region's energy policies piqued his interest in nuclear power. A significant improvement in air quality following Ontario's nuclear expansion led to personal health benefits for Loszak, spurring his commitment to clean energy. He pursued an education in engineering and physics, laying a strong foundation for his future endeavors in nuclear innovation.
Career and Notable Achievements
Matt Loszak's career is marked by innovation in clean energy technologies:
- Humi (2016-2022): Co-founder of Humi, an HR software startup that achieved significant growth under his guidance.
- Aalo Atomics (2023–Present): Co-founded Aalo Atomics, focusing on mass-manufactured nuclear power plants. The company aims to commercialize the Aalo Pod, a type of small modular reactor (SMR) aimed at powering data centers.
- Recognition and Funding: Successfully raised several rounds of funding for Aalo Atomics, including a $100 million Series B round in August 2025, underscoring the company’s impact and potential in the nuclear sector.
Aalo Atomics
Founded in 2023 by Matt Loszak and Yasir Arafat, Aalo Atomics is at the forefront of nuclear innovation. The company aims to address the massive power demands of AI data centers with its scalable nuclear solutions. By focusing on modularity and mass manufacturing, Aalo seeks to achieve cost-effective, rapid deployment of its reactors.
Conclusion
Matt Loszak's leadership in Aalo Atomics represents a pivotal shift towards advanced nuclear power as a key player in sustainable energy solutions for high-demand sectors like AI. His vision and strategic initiatives continue to pave the way for a new era of nuclear energy, potentially reshaping how power is delivered globally, with applications that extend beyond traditional energy landscapes to include emerging technologies and innovative industrial uses.