NuCube Energy and Alaska Fund Launch NuAlaska to Bring Advanced Nuclear Energy to Alaska

[Marlin]

NuCube Energy and Alaska Fund Launch NuAlaska to Bring Advanced Nuclear Energy to Alaska

https://www.globenewswire.com/news-release/2026/07/30/3336051/0/en/nucube-energy-and-alaska-fund-launch-nualaska-to-bring-advanced-nuclear-energy-to-alaska.html

[Core Content]

NuCube Energy and Alaska Fund have formed a joint initiative called NuAlaska to deploy modular nuclear reactors across Alaska. The partnership aims to provide reliable electricity and high-temperature heat to remote communities and industrial sites. This effort focuses on overcoming logistical and cost challenges associated with traditional power delivery in isolated regions.

The initiative seeks to integrate NuCube's NuSun-1 reactor technology with local financing models to support project construction and operations. By targeting off-grid applications, the project highlights the potential for microreactors to replace expensive fuel-dependent power sources. Success in this market could establish a template for deploying advanced nuclear technology in other geographically challenging environments.

Alaska-led effort aims to solve remote power challenges and gives Alaskans a new way to participate in the state's energy future...

July 30, 2026 08:30 ET | Source: NuCube Energy, Inc. NuCube Energy, Inc.

ANCHORAGE, Alaska and IDAHO FALLS, Idaho, July 30, 2026 (GLOBE NEWSWIRE) -- NuCube Energy, Inc. ("NuCube") and Alaska Fund today publicly announced an MOU for the creation of NuAlaska, a joint initiative formed to advance deployment of nuclear energy projects in Alaska. The effort brings together NuCube's NuSun-1 reactor with Alaska Fund's financing mission to support energy projects designed for Alaska's unique needs.

Read the full article at GlobeNewswire News Room:
https://www.globenewswire.com/news-release/2026/07/30/3336051/0/en/nucube-energy-and-alaska-fund-launch-nualaska-to-bring-advanced-nuclear-energy-to-alaska.html