24-07-2025
Startup Closes in on Using Fracking Technology to Store Nuclear Waste
A nuclear technology startup raised $33 million in a private placement to test its system for storing radioactive waste deep underground.
Deep Isolation Nuclear Inc. uses fracking techniques developed by the oil and natural gas industry to drill boreholes where it can deposit spent nuclear fuel rods. The Berkeley, California-based company says its technology is nearly ready for use, though it has yet to fully test the system and still needs regulatory approval.
