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TerraPower

Electricity, Oil & Gas · Washington, United States · 183 Employees

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About

Headquarters

15800 Northup Way, Bellevue, Washington, 98008,...

Phone Number

(425) 324-2888

Revenue

$39.6 Million

Industry

Electricity, Oil & Gas Energy, Utilities & Waste Treatment

Most Recent Scoops

Aug 29 2024
Facilities Relocation / Expansion
Jul 8 2024
Facilities Relocation / Expansion
TerraPower is planning to move offices in September 2024. The move will impact approximately 15 employees at the existing office located at 15800 Northup Way, Bellevue, WA.
See all scoops

Highlights

$795M

Total Funding Amount

$750M

Most Recent Funding Amount

4

Number of Funding Rounds

View details

Who is TerraPower

TerraPower is an American nuclear reactor design and development engineering company headquartered in Bellevue, Washington. TerraPower is developin g a class of nuclear fast reactors termed traveling wave reactors (TWR). TWR places a small core of enriched fuel in the center of a much larger mass of non-fissile material, in this case depleted uranium. Neutrons from fission in the core "breeds" new fissile material in the surrounding mass, producing Plutonium-239. Over time, enough fuel is bred in the area surrounding the core that it can undergo fission, sending neutrons further into the mass and continuing the process while the original core expires. Over a period of decades, the reaction moves from the core of the reactor to the outside, thus "travelling wave". In September 2015, TerraPower signed an agreement with state-owned China National Nuclear Corporation to build a prototype 600 MWe reactor unit at Xiapu in Fujian province, China, from 2018 to 2025. In October 2020, the company was chosen by the United States Department of Energy as a recipient of a matching grant totaling between $400 million and $4 billion over the ensuing 5 to 7 years to build a demonstration reactor using their "Natrium" design. Natrium uses liquid sodium as a coolant (reducing the cost using an ambient pressure primary loop). It then transfers that heat to molten salt, which can be stored in tanks and used to generate steam on demand, enabling the reactor to run continuously at constant power, while allowing dispatchable electricity generation.Read more

TerraPower's Social MediaPopular SearchesTerrapower LLCTerraPowerTerra Property Analytics LLCTerra Power Systems LLCTera Power CorpSIC Code 49,491NAICS Code 22,221Show more

TerraPower Org Chart

Chris Levesque

President & Chief Executive Officer

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Marcia Burkey

Executive Vice President & Chief Financial Of...

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PhoneEmail

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TerraPower Employee Growth Rate

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TerraPower Tech Stack

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Most Recent Scoops

Aug 29 2024
Facilities Relocation / Expansion
Real Estate, Construction
Aug 28 2024
Project
CRM, Real Estate, Software, Construction
Jul 8 2024
Facilities Relocation / Expansion
TerraPower is planning to move offices in September 2024. The move will impact approximately 15 employees at the existing office located at 15800 Northup Way, Bellevue, WA.
Facilities Relocation/Expansion
Aug 2 2023
Partnership
Partnership, Engineering, Research & Development
Aug 15 2022
Funding
See more scoops

TerraPower News & Media

  • Bill Gates-backed TerraPower Isotopes produces rare, radioactive ingredient sought for cancer drugs

    Nearly a decade ago, radio chemists at the nuclear power startup TerraPower saw a promising opportunity in radioactive waste from Cold War weapons. And when you work for a company backed by Bill Gates and his resources, you get some leeway for running with outside-the-box ideas. TerraPower Isotopes this week announced a milestone, becoming the first commercial-scale producer of a promising and rare isotope for cancer therapies. “We are so excited, we can hardly stand
  • TerraPower Isotopes Brings Actinium-225 to Market

    BELLEVUE, Wash.--(BUSINESS WIRE)--TerraPower Isotopes announced today it is producing actinium-2251 at commercial-scale, providing sustained access to highly pure actinium-225 to the global pharmaceutical community through weekly production runs. As a result, TerraPower Isotopes’ actinium, after further manufacturing, is now used in multiple drug developer’s radiopharmaceuticals in human clinical trials across the globe. “This scale up of production capacity of TerraPower Isotopes’ actinium-225
  • TerraPower Joins Texas Nuclear Alliance as a Founding Member

    The Texas Nuclear Alliance (“TNA”) is proud to announce that TerraPower, a leading developer of advanced nuclear technologies, has joined as a Founding Member. TNA is the only industry association in Texas dedicated to the advancement of nuclear technology in the state. [PR.com]
  • TerraPower and Framatome to Develop HALEU Metallization Pilot Plant

    BELLEVUE, Wash.--(BUSINESS WIRE)--TerraPower announced today an agreement with Framatome North America to fund the creation of a high assay low enriched uranium (HALEU) metallization pilot plant in Washington. This pilot plant will demonstrate Framatome’s capability to metallize HALEU from a uranium oxide form, and further advance TerraPower’s efforts to support the development of the domestic HALEU supply chain. Metallization of HALEU is a crucial part of the deconversion process which allows
  • ‘Just watch us’: Gates-backed TerraPower is bullish on being the first next-gen nuclear plant in U.S.

    Inside TerraPower’s cavernous 65,000 square-foot laboratory north of Seattle, there’s a suite of stations for experimenting with new materials and cutting-edge methods for generating nuclear power. One area is dominated by a two-story, silver tower where engineers test the flow of liquid over mock reactor fuel rods. An enclosed space nearby features a network of insulated pipes that bear a vague resemblance to an oversized hamster Habitrail, but in fact are used to study heat
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Frequently Asked Questions Regarding TerraPower

Where is TerraPower located?
TerraPower's headquarters are located at 15800 Northup Way, Bellevue, Washington, 98008, United States
What is TerraPower's phone number?
TerraPower's phone number is (425) 324-2888
What is TerraPower's official website?
TerraPower's official website is www.terrapower.com
What is TerraPower's Revenue?
TerraPower's revenue is $39.6 Million
What is TerraPower's SIC code?
TerraPower's SIC: 49,491
What is TerraPower's NAICS code?
TerraPower's NAICS: 22,221
How many employees does TerraPower have?
TerraPower has 183 employees
What industry does TerraPower belong to?
TerraPower is in the industry of: Electricity, Oil & Gas, Energy, Utilities & Waste Treatment
What is TerraPower competition?
TerraPower top competitors include: NuScale Power, TAE Technologies, X-energy, Nuclear Energy Information Service
What technology does TerraPower use?
Some of the popular technologies that TerraPower uses are: Solidworks, Angular 4, GoldSim, CATIA
Who is the CEO of TerraPower?
TerraPower's CEO is Chris Levesque
Who is the CFO of TerraPower?
TerraPower's CFO is Marcia Burkey
How do I contact TerraPower?
TerraPower contact info: Phone number: (425) 324-2888 Website: www.terrapower.com
What does TerraPower do?

TerraPower is an American nuclear reactor design and development engineering company headquartered in Bellevue, Washington. TerraPower is developing a class of nuclear fast reactors termed traveling wave reactors (TWR). TWR places a small core of enriched fuel in the center of a much larger mass of non-fissile material, in this case depleted uraniu... m. Neutrons from fission in the core "breeds" new fissile material in the surrounding mass, producing Plutonium-239. Over time, enough fuel is bred in the area surrounding the core that it can undergo fission, sending neutrons further into the mass and continuing the process while the original core expires. Over a period of decades, the reaction moves from the core of the reactor to the outside, thus "travelling wave". In September 2015, TerraPower signed an agreement with state-owned China National Nuclear Corporation to build a prototype 600 MWe reactor unit at Xiapu in Fujian province, China, from 2018 to 2025. In October 2020, the company was chosen by the United States Department of Energy as a recipient of a matching grant totaling between $400 million and $4 billion over the ensuing 5 to 7 years to build a demonstration reactor using their "Natrium" design. Natrium uses liquid sodium as a coolant (reducing the cost using an ambient pressure primary loop). It then transfers that heat to molten salt, which can be stored in tanks and used to generate steam on demand, enabling the reactor to run continuously at constant power, while allowing dispatchable electricity generation.Read More

What are TerraPower social media links?
TerraPower Linkedin page TerraPower Twitter page TerraPower Facebook page
How much funding has TerraPower raised to date?
TerraPower has raised $795 Million in 4 funding rounds
When was the last funding round for TerraPower?
TerraPower closed its last funding round on Aug 15, 2022 with the amount of $750 Million
Who invested in TerraPower?
TerraPower has 7 investors including Charles River, Microsoft, Bill Gates and Intellectual Ventures.
Is TerraPower a public company?
TerraPower is private company therefore does not currently have an official ticker symbol
See more information about TerraPower

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