Molten Salt Solutions raises an oversubscribed $7 million seed round led by Dolby Family Ventures, with Vanedge Capital, Alumni Ventures, Gaingels, True Ventures, and Future Ventures participating. The company uses the funding to scale production of enriched lithium-6 and lithium-7 for fusion and advanced fission reactor developers.
Molten Salt Solutions announces a commercial agreement to supply lithium-7 to Fissionaire for molten salt reactor fuel systems. The agreement extends the company's customer base from fusion developers into advanced fission.
Molten Salt Solutions signs supply agreements with fusion developers Type One Energy and Gauss Fusion for enriched lithium used in tritium breeding. The agreements commit the company to deliver isotopically enriched material for the developers’ fusion machine programs.
Molten Salt Solutions receives support from DOE’s Innovation Network for Fusion Energy to define fusion-grade lithium material specifications. The project brings together the company with Los Alamos National Laboratory, the University of New Mexico, and Element 3 Energy. No award amount is disclosed.