CORE POWER

CORE POWER is a startup focused on developing scalable new nuclear technologies for ocean transport and heavy industry. The company aims to provide durable zero-emission energy through Floating Nuclear Power Plants (FNPP) and nuclear-powered ships in collaboration with major international corporations. With the goal of reducing emissions in the maritime industry, CORE POWER seeks to facilitate the transition of up to 60,000 ships from fossil fuel combustion to zero-emission propulsion. The mandate by the UN's maritime agency IMO to reduce emissions by 50% before 2050 presents a significant opportunity for adoption of new nuclear technologies. The company's recent $85.00M Series B investment in October 2022 further underscores its potential to revolutionize the energy, industrial, manufacturing, transportation, clean energy, as well as logistics and delivery sectors. CORE POWER's vision to provide sustainable, clean energy aligns with the growing global demand for environmentally friendly solutions, positioning the company as a key player in shaping the future of energy production and transportation.