Bill Gates’ nuclear company is the first to get approval to build next-gen reactor

Bill Gates during the groundbreaking ceremony for the TerraPower nuclear plant in Wyoming.

Non-plant related construction broke ground at the Wyoming facility in June 2024. | Image: TerraPower

Bill Gates-founded nuclear energy startup TerraPower has been granted approval from the Nuclear Regulatory Commission to build a next-generation reactor in Wyoming. This is the first commercial-scale, advanced nuclear power plant to ever receive the federal permit, according to the press release, and will be the first commercial reactor constructed in the US in almost a decade.

Construction at the Wyoming plant is expected to be completed by 2030. TerraPower is one of several companies racing to build smaller, more efficient reactors to augment electrical grids under strain from AI data centers. In a 2024 interview with The Verge, Bill Gate …

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