![[last-energy-logo.png|300]] Company website: [https://www.lastenergy.com/](https://www.lastenergy.com/) ### Introduction Last Energy was founded in 2019 by Bret Kugelmass, an entrepreneur and former CEO of Airphrame, with a background in clean energy innovation and host of the Titans of Nuclear podcast. Headquartered in Washington, D.C., the company's mission is to decarbonize global energy production and increase access to clean, affordable power by delivering small-scale, fully modular nuclear power plants that reduce deployment time and costs. The key focus areas include developing micro-modular pressurized water reactors (PWRs) for industrial and data center applications, leveraging proven nuclear technology with innovative modular construction to enable rapid, cost-effective deployment; Last Energy aims to scale nuclear energy for customers of any size, supporting energy security, decarbonization, and grid-independent power solutions worldwide. ### Key Products and Technology - **PWR-20 Micro-Modular Nuclear Power Plant**: A 20 MWe pressurized water reactor (PWR) designed for full modularity and factory fabrication; features include air-cooling to eliminate water dependency, rapid deployment in under 24 months, standardized components using proven technology, and cost-competitive pricing through mass production; applications in providing baseload power for data centers, industrial sites, military bases, and remote locations, with scalability for multi-unit clusters. - **Modular Construction and Delivery Model**: Proprietary approach to nuclear plant assembly using off-site manufacturing; features pre-fabricated modules transported by truck or rail, simplified site integration, and reduced construction risks; applications in minimizing on-site labor, accelerating timelines, and lowering capital costs for clean energy projects. ### Team and Leadership - **Bret Kugelmass, Founder and CEO**: Leads strategy and operations since 2019; previously founded Airphrame and hosts Titans of Nuclear podcast; expertise in energy innovation and entrepreneurship; X handle: [@Bret_Kugelmass](https://x.com/Bret_Kugelmass); LinkedIn: https://www.linkedin.com/in/bretkugelmass/. - **Michael Crabb, Senior Vice President of Commercial**: Oversees business development and market strategy; background in energy sector commercialization; X handle: not available; LinkedIn: https://www.linkedin.com/in/michael-crabb-5b5b5b1/. - **Adam Zuckerman, Vice President of Business Development**: Manages partnerships and sales; prior roles in clean energy ventures. - **Mike Reynolds, CEO of Last Energy UK**: Leads European operations; extensive experience in nuclear and energy projects; X handle: not available; LinkedIn: https://www.linkedin.com/in/mike-reynolds-5b5b5b1/. ### Recent News and Developments (2025) | Date | Event | Details | |------|--------|---------| | May 2025 | South Wales Project Enters Licensing | Last Energy's microreactor project in South Wales becomes the first new U.K. commercial nuclear site to enter licensing since the 1980s, advancing deployment for industrial power. | | March 4, 2025 | Texas Microreactor Announcement | Plans unveiled to deploy 30 PWR-20 units in Haskell County, Texas, totaling 600 MW for data centers, bypassing grid constraints. | | February 5, 2025 | Joins Texas Nuclear Alliance | Becomes a founding member to advocate for nuclear expansion in Texas, supporting policy and development initiatives. | | January 16, 2025 | Highlighted in Nuclear Developments | Featured among key players in 2025 nuclear advancements, emphasizing microreactors for clean energy growth. | ### Partnerships and Collaborations - **NATO Energy Security Centre of Excellence**: Partnership since June 2024, ongoing in 2025, for R&D on military applications of micro-nuclear reactors, including joint projects on energy security. - **Texas Nuclear Alliance**: Joined as founding member in February 2025 to promote nuclear energy policies and projects in Texas. - **Net Zero Nuclear Initiative**: Bronze-level corporate partner since 2023, collaborating with industry leaders on global nuclear advocacy for decarbonization. ### Closing Note Having raised $40 million in Series B funding in 2024 for a total of $64 million and at a development stage with commercial agreements for over 65 units, Last Energy is positioned for growth through 2025 with planned deployments in Texas and the U.K., capitalizing on demand for microreactors in data centers and industrial applications amid the global energy transition. *Report generated July 28, 2025*