About Us - TerraPower (2024)

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About Us - TerraPower? ›

TerraPower – A nuclear innovation company

Employees rate TerraPower 3.7 out of 5 stars based on 33 anonymous reviews on Glassdoor.

Our mission is to solve the world's toughest problems in energy, climate and human health through innovative nuclear technology. Our vision is to improve the quality of human lives by providing abundant, affordable clean energy and new solutions to cure disease and enhance public health.

TerraPower's competitors and similar companies include Holtec International, Commonwealth Fusion Systems, Heliex Power and Torrgas.

The average TerraPower salary ranges from approximately $83,789 per year for Accounts Payable Specialist to $215,795 per year for C Developer. Average TerraPower hourly pay ranges from approximately $28.51 per hour for Facilities Technician to $48.91 per hour for Control Room Operator.

Bill Gates' nuclear innovation company, TerraPower, announced Monday it has secured at least $750 million in new funding. The funding was co-led by Gates and SK. Gates is the founder and chairman of TerraPower. SK, one of South Korea's largest energy providers, invested $250 million.

From its beginnings over a decade ago, TerraPower has made reduction of weapons risks a foundational principle. Natrium reactors are uranium fueled.

headquartered in Bellevue, Washington. TerraPower was founded by Bill Gates and a group of like-minded visionaries that decided the private sector needed to take action in developing advanced nuclear energy to meet growing electricity needs, mitigate climate change and lift billions out of poverty.

A next generation nuclear power plant from Bill Gates-founded TerraPower is set to begin construction in Kemmerer, Wyoming this June, according to the Financial Times, marking the start of a larger initiative from the company that aims to bring more affordable and efficient reactors to a competitive nuclear energy ...

Is TerraPower publicly traded? ›

TerraPower, a private company founded by Bill Gates, is proposing a new kind of nuclear reactor that may be much simpler to build and safer to operate because it would not require the high pressures in currently used reactor designs.

TerraPower has 173 employees as of Dec 21.

TerraPower overview

TerraPower is investigating a class of nuclear fast reactors called the traveling wave reactor (TWR). Based in Washington, TerraPower is a small energy company with only 184 employees and an annual revenue of $13.0M.

Microsoft cofounder Bill Gates has been the chair of nuclear reactor company TerraPower since 2006. A nuclear reactor company cofounded by Bill Gates signed a deal with the United Arab Emirates to explore building advanced reactors in the Gulf country.

The system features a 345MWe reactor and can be optimized for specific markets. Its innovative thermal storage has the potential to boost the system's output to 500MWe of power for more than five and a half hours when needed.

TerraPower is a nuclear energy technology company based in beautiful Bellevue, Washington.

Additionally, the U.S. Occupational Safety and Health Administration (OSHA) reports that power generation, transmission, and distribution workers face a fatality rate almost three times higher than the national average for all industries.

TerraPower will continue to be a privately held company. Further terms of the fundraise were not disclosed. TerraPower is a leading nuclear innovation company that strives to improve the world through nuclear energy and science.