Los Angeles, March 25, 2026 (GLOBE NEWSWIRE) -- Applied Atomics, a developer and operator of full-stack nuclear power plants designed for continuous industrial operation, today announced it has raised more than $8.3 million in an oversubscribed seed financing round.  The financing supports the march from development to deployment by bringing key test and integration stands online, reinforcing a proven and resilient supply chain, and accelerating coordinated progress across engineering integration, customer siting discussions, and the disciplined build-out of delivery and operating capability at scale."Reliable power infrastructure must be designed, financed, built, and operated as a single integrated system," said Benjamin Kellie, Chief Executive Officer of Applied Atomics. "This financing allows us to move from development into deployment, strengthening the disciplined engineering, supply chain coordination, and delivery capability required to put first steel in the ground and bring nuclear power into long-term industrial service."Applied Atomics is building 100MW, 1GW nuclear power plants co-located with large infrastructure campuses, using established light-water reactor architecture alongside well-established industry partners combined with integrated plant design, supply chain control, and long-term operating capability. Applied Atomics plans to own and operate its plants and deliver electricity to customers under long-term power purchase agreements, providing predictable pricing and capacity assurance over multi-decade operating lives. The company's approach is designed to reduce the cost uncertainty and schedule risk that has long constrained nuclear deployment. The financing reflects investor conviction that these challenges stem less from technology and more ...