Deep Fission and Endeavour Partner to Speed Delivery of Low-Cost Nuclear Power for Hyperscalers, Targeting 5-7 Cents Per kWh

BERKELEY, Calif.--(BUSINESS WIRE)--Deep Fission Inc. (Deep Fission), a nuclear energy company pioneering a new approach to clean power by placing safe, small modular reactors (SMRs) in boreholes a mile deep, today announced a strategic partnership with Endeavour Energy, LLC (Endeavour), a sustainable infrastructure company focused on developing ultra-efficient, AI-ready data centers. The collaboration represents a major leap forward in deploying next-generation nuclear power to meet the growing demands of energy-intensive industries.

Deep Fission’s groundbreaking technology dramatically reduces costs and safety concerns while delivering significantly more power within a smaller footprint than other SMR providers. As part of the agreement, Endeavour and Deep Fission have committed to co-developing 2 gigawatts (GW) of nuclear energy to power Endeavour’s expanding global portfolio of Edged data centers, with the first reactors expected to be operational in 2029.

“There is significant momentum for nuclear power right now, but the cost is still a challenge,” said Elizabeth Muller, Co-Founder and CEO of Deep Fission. “Our technology not only ensures the highest levels of safety but also positions us to deliver zero-carbon continuous power at a cost of just 5-7 cents per kWh. The partnership between Deep Fission and Endeavour is a game-changer for data center customers around the world.”

With over 40 patent-protected inventions, Deep Fission’s approach leverages the natural geological advantages of deep borehole placement – robust containment and constant pressure – making the reactor inherently safe. Endeavour’s sustainable data center engineering expertise complements Deep Fission's cutting-edge solution, creating a solid foundation for driving the rapid commercialization of these advanced nuclear reactors.

“We are constantly searching for technologies capable of supporting the unprecedented demands of AI and meeting green energy goals, but they have to be economically viable,” said Jakob Carnemark, Founder of Endeavour and Edged data centers. “Deep Fission’s solution slashes the high costs and long timelines of surface-built nuclear projects, enhances safety, and delivers clean, reliable energy with high power density of more than 100MW in a quarter acre. We’re excited to play a pivotal role in advancing this transformative approach.”

The partnership between Deep Fission and Endeavour will redefine how clean energy is incorporated into electricity-demanding industries. With a shared commitment to low-carbon power generation, this alliance aims to set a new standard for power solutions worldwide. To learn more, visit endeavourii.com/deepfission.

About Deep Fission

Deep Fission is revolutionizing the energy landscape with innovative technology that places small modular reactors a mile underground. The team of leading scientists, engineers, and visionaries is driven by a shared commitment to advancing safe, reliable, and affordable low-carbon energy solutions. The company has made significant progress in pre-licensing with the Nuclear Regulatory Commission and is pursuing commercial projects worldwide. For more information, visit deepfission.com.

About Endeavour Energy

Endeavour Energy is a sustainable infrastructure company, specializing in data center development, waterless cooling, microgrids, and renewable energy technologies. Through its subsidiaries, Endeavour delivers cutting-edge solutions to enterprise, cloud and hyperscale users and other energy-intensive industries. Its Edged data center platform is a gigawatt-scale global network of ultra-efficient, waterless data centers. For more information, visit endeavourii.com and edgedenergy.com.