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NuCube Energy, a startup building small, solid-state nuclear microreactors that skip steam turbines in favor of heat-to-electricity cells, has agreed to go public through a merger with blank-check company Launch Two Acquisition Corp. The roughly $500 million deal is part of a broader wave of nuclear and small modular reactor companies rushing to list shares as demand for electricity climbs, driven largely by power-hungry AI data centers.
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World · Jul 6 · L1-L4