Find XO: The Real Bottleneck Indicated by the Nuclear Startup's IPO Retry: What Korean Founders Should See in Data Center Power (techcrunch.com)
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- Deep Fission, which buries reactors a mile underground, reapplied for a Nasdaq listing on May 23.
- Its valuation is $1.66 billion, but its accumulated deficit rose sharply from $56.2 million to $88.1 million in one quarter, with two going-concern warnings issued.
- Still, the push to list indicates urgent demand for data center power.
- With Doosan Enerbility and Korea Electric Power Technology in the supply chain, adjacent software opportunities are also visible.