Emerald Nuclear gets $2.1M from Norway for ship and floating nuclear reactors

Seattle startup Emerald Nuclear received a $2.1 million award from The Research Council of Norway to support its Marine Nuclear Propulsion System Pilot project. The company is developing 5 MW high-temperature gas reactors using TRISO fuel for ships and floating power plants, with its first Gem Microreactor targeted for 2030 and commercial deployment in 2031.

• The $2.1M award backs Norway's marine nuclear propulsion pilot project
• Each TRISO-fueled reactor is designed for 5 MW (6,705 horsepower)
• First Gem Microreactor targeted for completion in 2030
• First commercial deployment planned for 2031 on a Norwegian offshore vessel