Clean tech startup Fluxnium has developed fibers capable of extracting uranium directly from seawater. The technology could access enough nuclear fuel to power civilization for thousands of generations.
Fluxnium's extraction fibers work by pulling uranium from ocean water, where the element exists in dissolved form. Seawater contains an estimated 4.5 billion tons of uranium—enough to sustain current global nuclear power consumption for approximately 50,000 years.
The breakthrough addresses a critical constraint in nuclear energy expansion. Traditional uranium mining requires specific geological deposits, limiting fuel availability and geographic flexibility for reactor deployment.
Direct seawater extraction eliminates these geographic barriers. As oceans continuously replenish dissolved uranium through natural geological processes, the resource is effectively renewable on human timescales.
The technology supports nuclear power's role in decarbonization efforts. Unlike solar and wind, nuclear plants generate consistent baseload power without weather dependency.
Fluxnium joins a growing field of companies developing marine uranium extraction. The technology remains in development stages, with commercial viability dependent on cost-per-unit extraction and operational efficiency.
Robotaxi company May Mobility is merging with a special purpose acquisition company in a deal valuing the company at $1.4 billion. The transaction is expected to raise over $300 million in funding.
Impulse Space Inc. announced $308 million in fresh funding, bringing its latest fundraising round to $808 million. The startup develops in-space transportation technology.
OpenAI is in early discussions with investors about a funding round that would value the company at over $1.2 trillion, ahead of a planned initial public offering.
TypeSafe AI, founded by former OpenAI researcher Diogo Almeida, secured $40M in seed funding to develop AI models that output numerical responses with probability estimates, enabling businesses to assess the reliability of AI-generated answers.