Moltex Energy
Financials
Estimates*
GBP | 2021 | 2022 |
---|---|---|
Revenues | <1m | <1m |
% growth | - | 112 % |
Profit | (<1m) | (1.4m) |
% profit margin | (203 %) | (145 %) |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Grant | ||
N/A | $3.2m | Early VC | |
N/A | $7.2m | Seed | |
$4.5m | Grant | ||
CAD1.0m | Grant | ||
Total Funding | CAD21.2m |
Related Content
Recent News about Moltex Energy
EditMoltex Energy Canada Inc. is pioneering the transformation of the energy landscape with its advanced nuclear technology. The company focuses on developing smaller, simpler, and inherently safe nuclear reactors, specifically the Stable Salt Reactor Wasteburner (SSR-W) and the WAste To Stable Salt (WATSS) process. These innovations enable the recycling of waste from existing nuclear power stations to generate more clean energy, significantly reducing costs and environmental impact.
Moltex serves a diverse range of clients, including energy utilities, government agencies, and private sector companies looking for sustainable and cost-effective energy solutions. Operating primarily in the clean energy market, Moltex's business model revolves around the development, licensing, and deployment of its proprietary nuclear technologies. The company generates revenue through technology licensing, partnerships, and long-term energy supply agreements.
Moltex's unique approach not only addresses the challenges of nuclear waste management but also provides a scalable solution for clean energy production. By leveraging its patented technologies, Moltex aims to make a substantial impact on global energy sustainability.
Keywords: nuclear technology, clean energy, waste recycling, SSR-W, WATSS, energy sustainability, cost-effective, inherently safe, energy utilities, patented technology.