Deep Fission Uncovers $80 Million in Financing

<p><strong>BERKELEY<&sol;strong> &&num;8212&semi; Deep Fission&comma; anadvanced nuclear energy company placing small modular pressurized water reactors &lpar;SMRs&rpar; in boreholes one mile underground&comma; has raised &dollar;80 million in new financing&period;<&sol;p>&NewLine;<p>The financing was completed through the offer and sale of 5&comma;333&comma;333 restricted shares of common stock at a fixed price of &dollar;15&period;00 per share&period; Seaport Global Securities and The Benchmark Company acted as agents for the private placement&period; Investors included Ed Eisler of EE Holdings and Mark Tompkins of Montrose Capital&comma; who led the Company’s previous financing round in September 2025&period;<&sol;p>&NewLine;<p>In addition to the financing&comma; Deep Fission has formed a new strategic relationship with Blue Owl Capital’s Real Assets platform&comma; a leading alternative asset manager&period; The companies will collaborate to deploy Deep Fission SMR projects for Blue Owl’s digital infrastructure portfolio&comma; bringing new round-the-clock clean power to U&period;S&period; electricity grids and helping to commercialize the next generation of advanced nuclear and AI technologies&period; A Blue Owl-managed fund participated in the financing&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We are thrilled to complete this latest funding round and to welcome Blue Owl as a new strategic relationship&comma;” said Liz Muller&comma; Co-Founder and CEO of Deep Fission&period; &OpenCurlyDoubleQuote;These milestones will bolster Deep Fission’s pursuit of scalable clean energy deployments and enable us to demonstrate what’s possible with next-generation nuclear technology&period;”<&sol;p>&NewLine;<p>Goldman Sachs &amp&semi; Co&period; LLC acted as exclusive financial advisor to Deep Fission and will continue to provide strategic financial advisory services to support Deep Fission’s long-term growth and capital planning&period;<&sol;p>&NewLine;<p>Deep Fission’s proprietary design combines pressurized water reactor technology with deep borehole drilling techniques used in the oil and gas industry and heat-transfer methods drawn from geothermal applications&period; By leveraging established supply chains and techniques&comma; Deep Fission estimates this approach can reduce construction costs by approximately 70–80&percnt; compared to traditional nuclear plants&period;<&sol;p>&NewLine;<p>Deep Fission was selected for participation in the U&period;S&period; Department of Energy’s &lpar;DOE&rpar; Reactor Pilot Program in 2025 and recently broke ground on its pilot project located in Parsons&comma; Kansas&period; The Company has also announced a development pipeline representing 12&period;5 GW of future planned deployments&period;<&sol;p>&NewLine;<p>Deep Fission was founded in 2023 by father-daughter team Elizabeth and Richard Muller&period;<&sol;p>&NewLine;

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