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Antenna

Energy · Founded 2025 · Formation stage

Deployable Energy

Developing the Unity Nuclear Battery, a 1 MWe helium-cooled, water-moderated microreactor

Edge

44#4 · Unchanged in 7d

1 of 8 families

Brief

Written by a research agent on Oct 2 from the sources below. A second agent checked each claim.

Deployable Energy Limited is a Houston company developing the Unity Nuclear Battery, a 1 MWe helium-cooled, water-moderated microreactor using 4.95% enriched uranium dioxide fuel. The company says units will be factory built and refuelled on a five-year cycle. A demonstration reactor completed a zero-power criticality test at Idaho National Laboratory on 30 June 2026.

Why it fits

It reached criticality in roughly 150 days using 4.95% enriched fuel rather than HALEU. Its stated markets (defense, maritime, remote industry, data centers) and a Houston facility it says is intended for high-volume production fit energy, defense and manufacturing.

Stage and round

Solaris's 10-Q filed 6 August 2026 says it invested $5.0 million in June 2026 in a SAFE with a $150.0 million post-money cap. Deployable said on 17 August 2026 that Hornbeck Offshore also invested, amount not given. EDGAR shows no Form D. No source opened names other investors, a total raised or a priced round. The company told the NRC it plans a construction permit application by 1 December 2026.

Ask on the first call

  1. 01How much has the company raised in total, from whom and on what terms, how large is the Hornbeck investment, and when is a priced round planned?
  2. 02Which licence is sought for the first unit (the NRC plan calls it a research reactor), and what is the route to licensing repeat units at customer sites?
  3. 03What did the zero-power criticality test validate, and what are the schedule, milestones and budget for the self-funded full-power test in INL's DOME testbed in 2027?
  4. 04Of the more than $10 billion in letters of intent cited to the NRC, what is binding or backed by deposits, and who is the first paying customer?

Risks

  • –The INL result is zero-power criticality only. The full-power DOME test is planned for 2027, and INL says the company must meet milestones to keep its slot.
  • –The NRC describes the unit as a research reactor. Licensing many units across sites depends on an NRC framework the company itself described as under development.
  • –Commercial traction is unproven. The $10 billion figure is the company's own description of letters of intent, and no named customer with a firm order was found.

Could not confirm

  • ?Neutron Bytes says Deployable took funds from Capital Factory and Blue Corridor Ventures and was raising a $25 million pre-seed/seed round. No filing or company release confirms this.
  • ?The company's letter to the NRC claims over $10 billion in letters of intent. No counterparties or terms are named, and the figure is not independently confirmed.
  • ?Neutron Bytes says Gallagher supplied most of the initial capital, giving no source. No filing or company release confirms this.

First public mention · Mar 31, 2025The Fiji Times reported Fiji's prime minister saying the government was working with Deployable Energy and others on shipboard micro modular reactors.

SourcesSolaris 10-Q, filed 6 August 2026 ↗Company post on Hornbeck, 17 August 2026 ↗EDGAR Form D search, no hits ↗PR Newswire criticality release, 1 July 2026 ↗NRC readiness assessment plan, 9 September 2026 ↗Letter of intent to NRC, 9 October 2025 ↗LocalNews8 (INL release), 30 September 2026 ↗POWER Magazine, 1 July 2026 ↗Company leadership post, 27 February 2026 ↗Neutron Bytes, 3 May 2026 ↗

People

  • Bobby GallagherSearch ↗

    CEO and co-founder. Says he was a commissioned military officer, worked in shipyards and built a venture-backed startup in offshore oil and gas safety.

  • Lance MaulSearch ↗

    Chief Operations Officer. Says in the company's leadership post that he co-founded Deployable Energy. The post names no prior employers.

  • Sanjay MukhiSearch ↗

    Chief Commercialization Officer, called a co-founder by POWER. Says he worked more than 20 years across the U.S. government on nuclear energy, including on NRIC's leadership team.

  • Richard GautSearch ↗

    CFO. Says he spent the first 15 years of his career investing in entrepreneurs bringing oilfield technologies to market, and that this is his second company with Gallagher.

  • Philip MoorSearch ↗

    Author of NRC submission

Score

Momentum63

 

Regulatory

Thesis fit95

× 0.96

Matched on battery, defense, energy, industrial, microreactor

Earliness100

× 1.00

Almost no public footprint

Team–

× 0.85

5 named people, none from a top lab or company

63 × 0.96 × 1.00 × 0.85 × 0.85 one family only = 44

Edge, 12 weeks