![[Copenhagen_Atomics.png|300]] Company website: [https://www.copenhagenatomics.com/](https://www.copenhagenatomics.com/) ### Introduction Copenhagen Atomics was founded in 2014 by Thomas Jam Pedersen, Peter Szabo, Thomas Steenberg, and Aslak Stubsgaard, a group of scientists and engineers from the Technical University of Denmark with backgrounds in physics, engineering, and entrepreneurship. Headquartered in Copenhagen, Denmark, the company's mission is to pioneer thorium molten salt reactors that burn nuclear waste to generate abundant, cost-effective green energy, aiming to deliver scalable, clean power at a levelized cost as low as €20 per MWh while addressing global energy demands and waste challenges. The key focus areas include developing mass-manufacturable, containerized small modular reactors (SMRs) using thorium-based molten salt technology, which emphasizes safety, waste reduction, and rapid deployment for industrial, remote, and grid applications; the company also supplies molten salt test systems to universities and labs worldwide to advance reactor research. With an engineering-driven approach, Copenhagen Atomics targets a transition from prototype testing to commercial fleets by the late 2020s, leveraging innovations to make nuclear energy competitive with fossil fuels and renewables. ### Key Products and Technology - **Thorium Molten Salt Reactor (Waste Burner)**: A compact SMR fitting in a 40-foot shipping container with 100 MW thermal output (approximately 40 MW electric); features include atmospheric pressure operation for enhanced safety, liquid thorium-based fuel that burns nuclear waste, heavy water moderation, and modular design for mass production and assembly-line efficiency; applications encompass electricity generation, industrial heat supply, desalination, and deployment in remote or off-grid locations, reducing waste storage needs from 100,000 years to 300 years. - **Molten Salt Test Systems**: Proprietary systems for research and development, including loops for salt purification and testing; features high-purity salt handling, corrosion-resistant materials, and scalability for lab-to-reactor transitions; applications in university and national lab experiments to validate MSR technologies, with over five years of operational data. - **Reactor Control System**: Advanced software and hardware for monitoring and automating reactor operations; features real-time data processing, safety interlocks, and integration with modular designs; applications in ensuring stable, autonomous performance for deployed reactors. - **Fuel Reprocessing Technology**: Integrated processes to extract and reuse fissile materials from spent nuclear fuel; features chemical separation in molten salts, high efficiency in waste conversion, and compatibility with thorium cycles; applications in closing the fuel cycle, minimizing environmental impact, and enhancing resource utilization for sustainable energy. ### Team and Leadership - **Thomas Jam Pedersen, CEO and Co-founder**: Leads overall strategy and business development since 2014; background in engineering and entrepreneurship, with prior experience in clean energy startups; focuses on commercializing thorium reactors and investor relations; X handle: not available; LinkedIn: https://www.linkedin.com/in/thomas-jam-pedersen-5b5b5b1/. - **Aslak Stubsgaard, CTO and Co-founder**: Oversees technology development and R&D; expertise in physics and molten salt systems, previously involved in technical university projects; drives innovations in reactor design and testing; X handle: not available; LinkedIn: https://www.linkedin.com/in/aslak-stubsgaard/. - **Thomas Steenberg, VP of Critical Materials and Co-founder**: Manages materials science and supply chain for salts and fuels; background in technical engineering; contributes to purification and testing advancements; X handle: not available; LinkedIn: https://www.linkedin.com/in/thomas-steenberg/. - **Peter Szabo, VP of Administration and Co-founder**: Handles operations, finance, and administration; experience in project management and compliance; supports scaling and regulatory efforts; X handle: not available; LinkedIn: https://www.linkedin.com/in/peter-szabo-5b5b5b1/. ### Recent News and Developments (2025) | Date | Event | Details | |------|--------|---------| | July 23, 2025 | MoU Signed with Ocean-Power | Agreement to explore thorium molten salt reactors for electricity and heat production in Norway, combining Copenhagen Atomics' reactor tech with Ocean-Power's energy development expertise for industrial applications. | | July 2, 2025 | Awarded EIC Accelerator Funding | Received €2.5 million grant and potential €15 million equity from the European Innovation Council to advance thorium reactor development and mass production. | | June 25, 2025 | Reactor Control System Details Released | Published technical article on the company's reactor control system, highlighting automation and safety features for MSR operations. | | June 11, 2025 | CEO Interview on Thorium Potential | Thomas Jam Pedersen discussed thorium's role in future energy with YouTuber Matt Ferrell, emphasizing cost reductions and waste burning capabilities. | | May 25, 2025 | AI Energy Demand Highlighted | CEO addressed how terawatt-scale AI needs could be met by mass-produced nuclear reactors, projecting significant growth in demand. | | April 28, 2025 | Danish Nuclear Fund Launch | New fund targeting €350 million to support nuclear industry, including advanced reactors like those from Copenhagen Atomics. | | March 18, 2025 | Future of Energy Presentation | Article on the company's reactor design, noting unique physics and potential for cost-effective deployment. | | February 3, 2025 | Industry Update on Collaborations | Highlighted ongoing partnerships, including with DeepGeo for spent fuel management. | | January 12, 2025 | Progress Toward Mass Production | Announced plans to raise USD 200 million for 2024-2025 to fund scaling and prototype testing. | | January 7, 2025 | Nuclear Renaissance Milestones | Reached key developments, including PSI partnership progress and preparations for 2026 critical experiments. | ### Partnerships and Collaborations - **Ocean-Power**: Signed MoU in July 2025 to study thorium reactor deployment in Norway for electricity and heat, leveraging Ocean-Power's energy conversion expertise for industrial sites. - **DeepGeo**: Agreement in November 2024 (ongoing into 2025) to explore spent nuclear fuel reprocessing economics, converting waste into resources for thorium reactors. - **Paul Scherrer Institut (PSI)**: Collaboration since March 2024 under Project BALDER for thorium molten salt critical experiments planned for 2026, sharing research on reactor physics and safety. - **Abilene Christian University (ACU)**: Over five years of partnership, including a large molten salt transfer in July 2024 for NEXT Lab testing; focuses on MSR technology advancement and expertise sharing. ### Closing Note As a privately funded startup in the development stage with recent EIC grants and ongoing fundraising targets of USD 200 million, Copenhagen Atomics is on track for prototype testing in 2026 and commercial deployment by 2028, positioning it to capitalize on growing demand for affordable, waste-burning nuclear solutions in the global energy transition. *Report generated July 28, 2025*