TECH NEWS

A Florida startup is building a thorium fuel supply chain from scratch, starting with an Australian mine

TL;DR

Florida startup Ampera established an Australian subsidiary to secure thorium supply for its advanced nuclear fuel programme. The company plans to vertically integrate from mine to TRISO kernel production, but has no operational reactor yet.

Ampera, a Florida-based nuclear energy startup, announced on Monday that it has established an Australian subsidiary to secure thorium supply for its advanced reactor programme. The company formed Ampera Australia Pty Ltd in February 2026 to procure and import thorium to the United States.

The move is part of a strategy to vertically integrate the nuclear fuel value chain. Ampera plans to source raw thorium from Australian deposits, process it, and manufacture TRISO fuel kernels at a facility in Florida, keeping every step in-house.

Why thorium

Thorium is roughly three to four times more abundant in the Earth’s crust than uranium. It produces less long-lived radioactive waste, cannot easily be weaponised, and is more...

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