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The list notes that around $50 million in funding has been terminated for both projects, the initial tranche of Department of Energy (DOE) funding for each development. Each was set to receive about $500 million, according to a DOE announcement last year.
It’s not immediately clear if the termination of the initial grants also means the full funding will also be canceled.
Battelle and 1PointFive didn’t immediately respond to inquiries from MIT Technology Review. Nor did the Department of…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
The list notes that around $50 million in funding has been terminated for both projects, the initial tranche of Department of Energy (DOE) funding for each development. Each was set to receive about $500 million, according to a DOE announcement last year.
It’s not immediately clear if the termination of the initial grants also means the full funding will also be canceled.
Battelle and 1PointFive didn’t immediately respond to inquiries from MIT Technology Review. Nor did the Department of…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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