Deep Fission Secures Non-Binding LOIs for Up to 18.5 GW of Nuclear Power Capacity — Deep Fission, Inc.

Event summary

Deep Fission signed non-binding LOIs with data centers, co-developers, and industrial partners for up to 18.5 GW of potential generation capacity.
The company is advancing its first reactor project at the Great Plains Industrial Park in Parsons, Kansas as part of the DOE’s Reactor Pilot Program.
Deep Fission completed drilling of its first data acquisition borehole to approximately 6,000 feet deep.
The company plans to apply for a commercial license with the U.S. Nuclear Regulatory Commission in the first half of 2027.

The big picture

Deep Fission’s underground deployment model aims to simplify construction and enhance safety, addressing the growing demand for reliable, low-carbon baseload power from data centers and industrial customers. The company’s progress in drilling and securing potential capacity highlights the strategic interest in advanced nuclear solutions amid increasing electricity demand.

What we're watching

Regulatory Approval: Whether Deep Fission can secure a commercial license from the U.S. Nuclear Regulatory Commission by the first half of 2027.
Technical Feasibility: The pace at which Deep Fission can demonstrate the ability to drill a commercial-scale borehole and safely deploy a prototype reactor.
Market Adoption: How quickly non-binding LOIs translate into definitive customer contracts and actual project deployments.