TerraPower
Electricity, Oil & Gas · Washington, United States · 183 Employees
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About
Headquarters
15800 Northup Way, Bellevue, Washington, 98008,...Phone Number
(425) 324-2888Website
www.terrapower.comRevenue
$39.6 MillionIndustry
Most Recent Scoops
Highlights
$795M
Total Funding Amount
$750M
Most Recent Funding Amount
4
Number of Funding Rounds
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
Popular SearchesTerrapower LLCTerraPowerTerra Property Analytics LLCTerra Power Systems LLCTera Power CorpSIC Code 49,491NAICS Code 22,221Show moreTerraPower Org Chart
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TerraPower News & Media
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-225TerraPower 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
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... Read More