The round was led by Shine Capital, with participation from Alt Capital, Caffeinated, FiftyThree Stations, Industrious, and other investors. The round consists of $71 million in new equity capital and $25 million in debt for equipment, factory build-out, and uranium procurement.

Antares is building compact nuclear microreactors to deliver reliable, rapidly deployable energy where it's needed most: remote military bases, austere industrial sites, and, one day, deep space and underwater missions.