Dual Fluid Energy
Dual Fluid Energy is a Canadian-German nuclear technology company developing patented Gen V nuclear reactors using a dual-fluid (liquid fuel and coolant) design. It targets governments, utilities, data centers, and industrial customers with three reactor models for electricity, hydrogen, and synthetic fuels.
- Company typePrivate
- Founded2013
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Dual Fluid Energy does
Dual Fluid Energy is a Canadian-incorporated, Berlin-headquartered nuclear technology company developing what it describes as the first and only Generation V nuclear reactor. The core technology is a patented dual-fluid core design that circulates two immiscible fluids — liquid fuel and liquid coolant — at 1000°C, enabling complete utilization of fissile material and the highest energy density of any power source. The firm also claims an integrated pyrochemical nuclear-waste recycling process that, if validated at scale, would be the first economically feasible reprocessing route and could reduce waste storage timescales from hundreds of thousands of years to roughly 300 years. Self-regulating passive safety is engineered into the physics of the core, and the design accepts multiple fuel cycles including natural uranium, thorium, processed waste, and weapons-grade plutonium.
The product portfolio comprises three reactor models: the DF-300 small modular reactor (~300 MWe) targeted at data centers and gigafactories with a 25-year single-fuel-load operating cycle, the larger DF-1500 with an integrated recycling plant sized to power cities, and the DF-30G aimed at hydrogen and synthetic fuel production. The firm claims target levelized costs of 1.5–2.7¢/kWh and EROI of 800–5,000, materially below incumbent nuclear (~5¢/kWh, EROI ~100) and renewables (~20¢/kWh, EROI 1–3).
The business model is enterprise/government-direct sales combined with future technology licensing. The current go-to-market is anchored on a single flagship proof-of-concept: the Critical Demonstration Experiment (CDE) in partnership with the Government of Rwanda, supported by positive IAEA Integrated Nuclear Infrastructure Review (INIR) Phase 1 and week-long assessments. The firm is pre-revenue, with component testing underway since 2024, a demonstration reactor targeted for 2027, DF-300 prototype development in 2029, serial production plant in 2031, and serial production starting in 2034. The organization is small (~16 scientists and engineers in Berlin, led by co-founders Dr. Armin Huke and Dr. Götz Ruprecht, both PhD nuclear physicists from TU Berlin) and is actively soliciting investors to fund the next phase of the roadmap.
Dual Fluid Energy firmographics
Firmographics- Name
- Dual Fluid Energy
- Legal name
- Dual Fluid Energy Inc.
- Website
- https://dual-fluid.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Dual Fluid Energy is a Canadian-German nuclear technology company developing patented Gen V nuclear reactors using a dual-fluid (liquid fuel and coolant) design. It targets governments, utilities, data centers, and industrial customers with three reactor models for electricity, hydrogen, and synthetic fuels.
- Ownership category
- akta.pro rank
Dual Fluid Energy industry classification
Industry- Product category
- Advanced Nuclear Reactor Systems
- NAICS
- Nuclear Electric Power Generation (221113), Turbine and Turbine Generator Set Units Manufacturing (333611)
- SIC
- Engines & Turbines (3510)
- akta.pro primary industry
- Gen IV / Advanced Reactor Systems (SFR, LFR, GFR, MSR, HTGR, Microreactors) (EUAKADAC)
- akta.pro secondary industries
- Advanced & Non‑LWR Fuel Manufacturing (TRISO, metallic fuels, HALEU fuels) (EUAKACAG), Reactor Protection, Safety Systems & Engineered Safeguards (ECCS, Containment Isolation) (EUAKADAI)
Keywords
Where Dual Fluid Energy is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Dual Fluid Energy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Nuclear Reactor Sales: Future revenue from selling Dual Fluid nuclear reactors (DF-300, DF-1500, DF-30G models) to governments, utilities, and industrial customers. Company is currently in development phase with demonstration reactor planned for 2027.
- Technology Licensing: Potential licensing of patented Dual Fluid technology to international nuclear companies and governments for reactor deployment.
- Hydrogen and Synthetic Fuels: High-temperature operation (1000°C) enables cost-effective production of clean hydrogen and synthetic fuels, creating additional revenue streams alongside electricity generation.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Dual Fluid Energy product offering
Product offeringCore offering
Dual Fluid Energy is developing and commercializing patented Gen V nuclear reactors that use two circulating fluids (liquid fuel and liquid coolant) operating at 1000°C. Its product family includes the DF-300 small modular reactor (~300 MW for data centers and gigafactories), the DF-1500 large reactor with integrated fuel recycling (for city/country grids), and the DF-30G synthetic-fuel/hydrogen reactor, plus a pyrochemical nuclear waste recycling plant that can re-use spent fuel, thorium, natural uranium, and weapons-grade plutonium.
Product overview
Dual Fluid Energy is a Canadian-German nuclear technology company (headquartered in Berlin, Germany) that has developed the first and only Gen V nuclear reactor technology. Their portfolio consists of three reactor models: the DF-300 (small modular reactor at 300 MW for data centers and manufacturing), the DF-1500 (larger reactor with integrated recycling plant for powering cities like Manhattan), and the DF-30G (for producing synthetic fuels). The core innovation is a patented Dual Fluid process that uses two circulating fluids (liquid fuel and liquid coolant) instead of traditional fuel rods, operating at 1000°C for unprecedented efficiency and EROI of up to 5000. The technology also includes a proprietary pyrochemical nuclear waste recycling process that can utilize existing nuclear waste and thorium, reducing waste toxicity to centuries rather than millennia.
Differentiator
Problem solved
Functional benefit
Products and services
- DF-300 Small modular reactor (SMR) generating approximately 300 MW of electrical power from a compact ~1.6 m core, sized to power the world's largest data centers or gigafactories 24/7 for 25 years on a single fuel load, at a targeted electricity cost of 2.7¢/kWh with an EROI up to 5000.
- DF-1500 Large nuclear reactor (~3 m core) capable of powering a Manhattan-sized load 24/7 and integrating Dual Fluid's pyrochemical fuel recycling plant; targeted at 1.5¢/kWh electricity cost for city- and country-scale grid applications.
- DF-30G Synthetic-fuel and hydrogen reactor (~6 m core) that uses the 1000°C Dual Fluid core to produce emission-free hydrogen and synthetic fuels, sized to supply all fuel for traffic in a region like the New York City metro area 24/7.
- Nuclear Waste Recycling Plant Pyrochemical reprocessing plant that fully utilizes nuclear fuel (including spent fuel, thorium, natural uranium, and weapons-grade plutonium) and reduces residual waste storage time from 100,000+ years to roughly 300 years, eliminating the need for long-term geological storage.
Quantifiable outcome
- 2.7¢/kWh electricity cost (DF-300), 1.5¢/kWh (DF-1500) vs. 5¢/kWh current nuclear, 20¢/kWh solar/wind
- +4 more outcomes
Companies that use Dual Fluid Energy
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles4 records
Dual Fluid Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Dual Fluid Energy partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship, core and supporting.
- Rwanda GovernmentflagshipDual Fluid is partnering with Rwanda to advance clean energy innovation through the Critical Demonstration Experiment (CDE) - the first reactor experiment of its kind in over 60 years. Rwanda serves as a proof-of-concept country with forward-thinking regulators, providing an ideal setting for this groundbreaking initiative. First reactor expected operational by early 2030s.
- Paul Scherrer Institute (PSI)coreSwiss national research institute conducted preliminary safety analysis confirming favorable safety properties of Dual Fluid technology.
- Technical University of MunichcoreConducted preliminary safety analysis confirming favorable safety properties of Dual Fluid technology.
- Technical University of DresdencoreConducted preliminary safety analysis confirming favorable safety properties of Dual Fluid technology.
- National Nuclear Research Centre (Poland)supportingStudied reactor physics and thermal hydraulics of Dual Fluid technology.
- Australian Nuclear Science and Technology Organization (ANSTO)coreStrategic partner carrying out fuel development for Dual Fluid reactors.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Dual Fluid Energy competitors and assessment
Company assessmentDirect peers
- Kairos Power: Building fluoride salt-cooled high-temperature reactors (FHR) using TRISO fuel. Direct peer pursuing molten-salt-class advanced reactor designs with private-sector deployment partnerships.
- Last Energy: Developer of a small modular pressurized water reactor focused on European industrial and data center customers. Direct peer in the small-reactor, B2B/B2G commercial-model space.
- Moltex Energy: Developer of the Stable Salt Reactor — a molten salt fast reactor with integrated waste recycling. Closest peer to Dual Fluid in combining liquid-fuel architecture with pyrochemical/spent-fuel recycling economics.
- X-energy: Developer of the Xe-100 high-temperature gas-cooled reactor and TRISO-X fuel. Direct peer in the advanced-reactor category, also targeting high-temperature process heat and industrial decarbonization end-markets.
- Rolls-Royce SMR: UK-based SMR subsidiary of Rolls-Royce pursuing a 470 MW light water SMR. Direct peer in the small-modular-reactor category targeting government and utility customers.
- TerraPower: Bill Gates-founded advanced reactor developer pursuing the Natrium sodium-cooled fast reactor and traveling-wave reactor concepts. Most direct peer to Dual Fluid in targeting novel Gen IV/V architectures with non-LWR coolants and fuel cycles.
- NuScale Power: Developer of the only NRC-approved small modular reactor (SMR). Direct peer in the advanced-reactor space targeting data center and industrial customers with compact, factory-fabricated nuclear units.
- Oklo: Aurora microreactor developer pursuing small, factory-built advanced reactors for data centers and remote sites. Direct peer in compact, advanced-reactor targeting of hyperscaler and off-grid industrial customers.
Broad incumbents
- BWX Technologies: Large nuclear components manufacturer developing the BANR microreactor and supplying naval/space reactors. Broad incumbent with adjacent advanced-reactor and fuel-fabrication capabilities relevant to Dual Fluid's downstream supply chain.
- Westinghouse Electric Company: Incumbent nuclear OEM developing the eVinci microreactor alongside its large LWR franchise. Broad incumbent with overlapping advanced-reactor development and a vastly larger commercial, regulatory, and supply-chain footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Dual Fluid Energy social profiles
Digital presenceDual Fluid Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dual Fluid Energy leadership team
Management profileNumber of profiles
Profiles12 records
Dual Fluid Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dual Fluid Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dual Fluid Energy
What does Dual Fluid Energy do?
Dual Fluid Energy is developing and commercializing patented Gen V nuclear reactors that use two circulating fluids (liquid fuel and liquid coolant) operating at 1000°C. Its product family includes the DF-300 small modular reactor (~300 MW for data centers and gigafactories), the DF-1500 large reactor with integrated fuel recycling (for city/country grids), and the DF-30G synthetic-fuel/hydrogen reactor, plus a pyrochemical nuclear waste recycling plant that can re-use spent fuel, thorium, natural uranium, and weapons-grade plutonium.
Is Dual Fluid Energy a public or private company?
Dual Fluid Energy is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Dual Fluid Energy founded?
Dual Fluid Energy was founded in 2013. It employs 11 to 50 people.
Where is Dual Fluid Energy based?
Dual Fluid Energy is headquartered in Vancouver, Canada, in the North America region.
How does Dual Fluid Energy make money?
Three revenue lines are on record. Nuclear Reactor Sales are the primary driver. The others are technology Licensing and hydrogen and Synthetic Fuels.
Who are Dual Fluid Energy's main competitors?
Direct peers on record are Kairos Power, Last Energy, Moltex Energy, X-energy, Rolls-Royce SMR, TerraPower, NuScale Power and Oklo. Broad incumbents are BWX Technologies and Westinghouse Electric Company.
Does Dual Fluid Energy have an API?
No public API is recorded for Dual Fluid Energy.
What industry is Dual Fluid Energy in?
Dual Fluid Energy's product category is Advanced Nuclear Reactor Systems. Its primary akta.pro industry code is EUAKADAC, Gen IV / Advanced Reactor Systems (SFR, LFR, GFR, MSR, HTGR, Microreactors), with a secondary code of EUAKACAG, Advanced & Non‑LWR Fuel Manufacturing (TRISO, metallic fuels, HALEU fuels). Its NAICS code is 221113 and its SIC code is 3510.