ONE Nuclear designs, builds, and operates gigawatt‑scale natural gas and advanced nuclear small modular reactor (SMR) power plants to provide reliable baseload electricity for hyperscalers, data centers, and industrial customers. Its integrated develop‑own‑operate platform includes three development sites slated for first power in 2028, with up to 1 GW of gas capacity online by 2029 and a pipeline targeting 3 GW of SMR capacity by 2034. Early deployment of Rolls‑Royce gas generators accelerates cash flow while the SMRs offer low operating costs.
Funding
Funding not disclosed
Founders
Product
Problem
Enterprise data centers, advanced manufacturing facilities, and other mission‑critical industries face a shortage of reliable baseload power due to long grid connection lead times and a growing backlog of interconnection requests. This limits their ability to scale operations and meet increasing electricity demand from AI and hyperscaler workloads.
Solution
ONE Nuclear provides an integrated develop‑own‑operate platform that first delivers gigawatt‑scale natural‑gas power generators to generate immediate, revenue‑producing electricity for customers with urgent needs. While the gas assets produce cash flow, the company simultaneously advances the deployment of advanced nuclear small modular reactors (SMRs) at the same sites, enabling a seamless transition to low‑cost, carbon‑free baseload power. By locating projects at three development sites with a target of 1 GW online by 2029 and up to 3 GW of nuclear capacity by 2034, ONE Nuclear scales its infrastructure with customer demand and technology evolution. Strategic partnerships with global energy firms and SMR technology providers further de‑risk the rollout and align generation with market trading and customer solutions.
Target Audience
Primary customers are hyperscale cloud providers, AI data center operators, and large‑scale industrial facilities that require immediate, reliable baseload electricity and a path to low‑carbon power.
Features
- Gigawatt‑scale natural‑gas generators that provide fast‑track power and early revenue while SMRs are under development
- Advanced nuclear SMR deployment roadmap targeting up to 3 GW of clean baseload capacity by 2034
- Integrated develop‑own‑operate model that consolidates project financing, construction, and long‑term operation under a single entity
- Three geographically diversified development sites with staged commissioning (first power in 2028, 1 GW by 2029)
- Strategic relationships with global energy companies for market access, site acquisition, and electricity trading
- Partnerships with multiple SMR technology providers to ensure technology flexibility and integration
- Hybrid hybrid‑energy infrastructure designed for mission‑critical customers requiring continuous, resilient power