Solidion Technology Inc. has received a second grant from the U.S. Department of Energy to enhance materials research for next-generation nuclear reactors. The Dallas-based company, listed on NASDAQ under the ticker STI, announced the funding on Monday, indicating a significant step forward in its mission to innovate within the energy sector.
The grant will primarily support the development of a carbon nanosphere material intended for use as an anti-corrosive additive in molten-salt-based heat transfer fluids. This research focuses on advancing molten salt reactors, which are designed to improve efficiency and safety in nuclear energy production.
Focus on Molten Salt Reactor Technology
The project aims to create nanofluids-based energy materials, which are engineered colloidal suspensions of hollow carbon nanoparticles mixed in conventional molten salts. These materials are expected to enhance heat transfer efficiency while simultaneously reducing corrosion within reactors. Solidion emphasizes that such technology is essential for lowering operational costs and accelerating the commercialization of small modular nuclear reactors, particularly in advanced molten salt reactor designs.
The research will be conducted in collaboration with Oak Ridge National Laboratory, a key player in energy research.
Recent Achievements and Recognition
This grant marks a continuation of recognition for Solidion, which recently received the 2025 R&D 100 Award. This accolade was awarded in partnership with Oak Ridge National Laboratory for their innovation in Electrochemical Graphitization in molten salts. Additionally, Solidion has secured funding from ARPA-E to advance the electrochemical manufacturing of high-performance graphite derived from biomass, a project under the agency’s competitive OPEN program.
Jaymes Winters, Chief Executive Officer of Solidion Technology, expressed pride in the recognition received from the Department of Energy. He stated, “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.”
The announcement also had an immediate impact on the market, with Solidion Technology’s shares rising by 5.39% to reach $6.65 during premarket trading, as reported by Benzinga Pro data.
As the global energy sector increasingly turns its attention to sustainable and innovative technologies, Solidion’s advancements in nuclear materials research could play a pivotal role in the future of energy production.
