Summary:
Zeno Power secures $50M in Series B funding to advance nuclear battery technology for space and underwater use
The startup's Radioisotope Power System (RPS) aims to power missions in energy-scarce environments like the lunar surface and deep oceans
With over $60M in government contracts, Zeno is developing prototypes for military and space applications, including a nuclear-powered satellite
Retired U.S. Navy Admiral John Richardson joins Zeno's board, highlighting the strategic importance of its technology
Zeno's collaboration with iSpace-U.S. focuses on creating systems resilient to the Moon's extreme cold
Zeno Power, a trailblazing startup in the nuclear battery sector, has successfully raised $50 million in Series B funding to propel its innovative energy solutions for extreme environments, including space and underwater applications. This significant financial milestone was led by Hanaco Ventures, with contributions from a consortium of space and defense-focused investors.
Revolutionizing Energy in Extreme Environments
Zeno's flagship technology, the Radioisotope Power System (RPS), harnesses the heat from radioactive decay to generate electricity. This technology, a staple in NASA's deep-space missions, is being reimagined by Zeno for broader military and commercial use. The company aims to deploy its first commercial nuclear battery by 2027, targeting energy deserts like the ocean floor, Arctic, and lunar surface.
Strategic Growth and Partnerships
With over $60 million in government contracts from the Department of Defense and NASA, Zeno is developing prototypes for satellites, seabed infrastructure, and lunar landers. A notable project includes a nuclear-powered satellite for the U.S. Air Force, slated for demonstration in 2026. The startup is also collaborating with iSpace-U.S. to create systems capable of enduring the lunar night's extreme conditions.
Leadership and Vision
Zeno is bolstering its leadership with the addition of retired U.S. Navy Admiral John Richardson to its board, signaling a strong push towards integrating its technology into national security frameworks. "Zeno’s nuclear batteries provide safe, reliable, and long-lasting power from the seabed to space," Richardson remarked.
The Future of Radioisotope Power Systems
RPS technology, which converts decay heat from isotopes like Strontium-90 into electricity, offers a maintenance-free, safe power source for long-duration missions. Zeno's advancements promise to transition RPS from a government-exclusive tool to a cornerstone of off-grid energy in an era of heightened geopolitical and lunar exploration.
Credit: Zeno Power Systems
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