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Where advanced reactors actually stand

Contested 1 min read · Reviewed June 2026
What does "Contested / actively debated" mean?

A real, mainstream scientific or policy debate exists. Reasonable experts disagree. — New editorial status update written for this rebuild; archive coverage thins after ~2022.

A current, honest scorecard of the leading advanced-reactor programs — what's funded, what's under construction, and what's still on the drawing board — as of 2025.

In one lineReal money and construction for the first time in a generation.

Editor's note on sources & how this was curated

New editorial status update written for this rebuild; archive coverage thins after ~2022.

Atomic Insights explainer

New · written for this rebuild

Why a scorecard

The advanced-reactor field moves fast and is full of optimistic press releases. Here's a grounded snapshot as of 2025 — exciting, but with the hype filtered out. CONTESTED timelines and costs below are best-available estimates and routinely slip.

The leaders

  • TerraPower (Natrium) — sodium fast reactor with molten-salt heat storage. Construction of non-nuclear facilities began in Wyoming (2024); fuel (HALEU) supply is the key risk.
  • X-energy (Xe-100) — high-temperature gas/TRISO reactor, paired with Dow for industrial heat in Texas.
  • Kairos Power (Hermes) — fluoride-salt-cooled demonstrator under construction in Tennessee; a low-power Hermes unit is the near-term milestone.
  • Oklo (Aurora) — sodium-cooled microreactor; pursuing a combined license after an earlier NRC denial.
  • NuScale — design certified by the NRC, but its flagship UAMPS deployment was cancelled in 2023; still seeking new customers.
  • GE Hitachi (BWRX-300) — a simplified SMR based on proven boiling-water technology; Ontario's Darlington is a lead project.

The honest bottom line

SETTLED real money, real licensing progress, and real construction are happening for the first time in a generation. CONTESTED whether these translate into on-time, on-budget commercial fleets is still unproven — first-of-a-kind risk is real. The direction is genuinely encouraging; the timelines deserve healthy skepticism.

✓ Check your understanding

What's the honest status of advanced reactors in 2025?

Key takeaways
  • TerraPower, X-energy, Kairos, Oklo are leading the wave.
  • Licensing progress and real construction are underway.
  • On-time, on-budget commercial fleets are still unproven.

Active recall

0 / 2

1. What makes a reactor a 'small modular reactor'?

2. What is the commercial status of molten-salt/thorium (LFTR) reactors?