Applied Atomics
Reviving a proven small reactor design for data centers.
- Founded
- 2025
- Headquarters
- New Orleans, LA
- Disclosed funding
- —
- Status
- Operating
- Sector
- Energy
- Latest round
- —
- Reported valuation
- —
- Website
- applied-atomics.com
Overview
Applied Atomics is advancing a previously shelved small modular reactor design to supply power to AI data centers, and is building its headquarters in New Orleans' Bywater neighborhood. Its co-founders, CEO Ben Kellie, CTO Paul Keutelian and CFO Mark Lambert, are former SpaceX engineers.
Impact
- New Orleans headquarters expected to add about 40 jobs
Funding
No funding figures have been disclosed publicly.
Founders
Topics
Sources
- Hoodline: SpaceX alums' nuclear startup builds Bywater HQ
- Siemens podcast: From SpaceX launch pads to nuclear plants
Last verified September 30, 2026.