Solidion Technology Inc. (NASDAQ: STI) has been awarded a second grant from the U.S. Department of Energy to enhance research on materials for next-generation nuclear reactors. The Dallas-based company announced on Monday that this funding will facilitate the development of a carbon nanosphere material intended as an anti-corrosive additive in molten-salt-based heat transfer fluids, specifically designed for advanced molten salt nuclear reactors.
Focus on Advanced Molten Salt Reactors
The project, backed by the Department of Energy, will concentrate on creating nanofluids-based energy materials. These materials consist of engineered colloidal suspensions of hollow carbon nanoparticles in traditional molten salts. The aim is to improve heat transfer efficiency while simultaneously reducing corrosion within nuclear reactors. This research is expected to play a vital role in decreasing costs, enhancing safety, and expediting the commercialization of small modular nuclear reactors, particularly those utilizing advanced molten salt designs.
Solidion’s research will be conducted in collaboration with Oak Ridge National Laboratory, a significant player in energy research. The partnership is expected to leverage both entities’ expertise to accelerate advancements in nuclear technology.
Recognition and Leadership in Innovation
The latest grant follows Solidion’s recent accolade as a recipient of the 2025 R&D 100 Award, awarded in conjunction with Oak Ridge National Laboratory for its innovation in electrochemical graphitization in molten salts. Additionally, the company has secured funding from the Advanced Research Projects Agency-Energy (ARPA-E) to further develop the electrochemical manufacturing of high-performance graphite derived from biomass under its competitive OPEN program.
Jaymes Winters, Chief Executive Officer of Solidion Technology, expressed enthusiasm about the recognition, stating, “Consecutive awards from the Department of Energy is proof positive that Solidion is not only innovative in energy storage, but energy processes, liquids and materials as well.”
In trading, Solidion Technology shares experienced a boost of 5.39%, reaching $6.65 during premarket activity on Monday, according to data from Benzinga Pro.
As the energy sector continues to evolve, Solidion’s initiatives underscore a commitment to not only advancing nuclear technology but also enhancing safety and efficiency in energy production. The collaboration with the Department of Energy and Oak Ridge National Laboratory represents a significant step toward innovation in the nuclear industry, aiming for a sustainable energy future.
