regulatory
confidence high
sentiment positive
materiality 0.65
Deep Fission signs DOE reactor authorization agreement for underground test reactor
DEEP FISSION, INC.
- DOE and Deep Fission executed Other Transaction Agreement effective Nov 14, 2025, under EO 14301 pilot program.
- Phase I covers safety basis approval and startup authorization; Deep Fission must achieve criticality by July 4, 2026.
- No DOE funding provided; Deep Fission retains all IP and data rights; DOE has oversight and termination rights.
- Either party may terminate on 30 days' notice; DOE may terminate immediately for material breach or insolvency.
- After Phase I, DOE may decide on Phase II (decommissioning or pathway to NRC licensing).