Deep Fission Inc Dossier
Qualitative Analysis
Business overview
Deep Fission Inc. is a nuclear technology startup developing a novel approach to nuclear power by placing a small modular reactor (SMR) deep underground in a borehole. This design leverages the natural geology to provide containment and pressure, aiming to significantly reduce the cost and complexity of nuclear power generation.
Research as of 24 Jul 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Participation in the DOE's Reactor Pilot Program to advance the first underground reactor project at the Great Plains Industrial Park in Parsons, Kansas [1.1.1]. The program provides federal oversight and evaluation against defined safety and operational milestones.
Expected impact: Validates the safety, technical viability, and operational standards of the Gravity Nuclear Reactor under regulatory supervision.
Securing non-binding Letters of Intent (LOIs) with data centers, co-developers, industrial parks, and strategic partners to build a commercial pipeline for the Gravity Nuclear Reactor.
Expected impact: Establishes a robust customer pipeline in high-demand segments (such as AI hyperscale data centers and heavy industry) to support rapid commercial scaling once licensed.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Strategic Partnerships
Collaboration to deploy Deep Fission SMR projects specifically for Blue Owl's digital infrastructure portfolio, bringing clean, round-the-clock power to U.S. electricity grids to support AI and advanced technologies [1.2.1].
Terms: A Blue Owl-managed fund participated as an investor in Deep Fission's $80 million financing round completed in February 2026.
Goldman Sachs acts as the exclusive financial advisor to support Deep Fission's long-term growth, capital planning, and future project financing structures.
Terms: Terms of the advisory engagement are confidential.