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Radiant Industries has filed a notice of an exempt offering of securities to raise $45,075,413.00 in New Equity Investment.

Radiant Industries has filed a notice of an exempt offering of securities to raise $45,075,413.00 in New Equity Investment.

April 26, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Radiant Industries is raising $45,075,413.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Douglas Bernauer played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Radiant Industries
Mobile power sources delivered anywhere rapidly to provide electricity and heat to remote communities, disaster areas, and bases. Each unit delivers over 1 MegaWatt of electricity and can operate for up to 8 years, providing enough power to support over 1,000 homes per unit. Remote monitoring, centralized fueling and maintenance enable microgrids without any permanent impacts. Radiants patent pending technologies combined with qualified meltdown-proof fuel allow the design to be both reliable and economical. Radiant is combining the best of nuclear and aerospace industry practices into a disruptive product that will enable a cleaner future.

To learn more about Radiant Industries, visit http://www.radiantnuclear.com/

Contact:
Douglas Bernauer, Chief Executive Officer
424-290-3080

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
4480, California, El Segundo, Los Angeles-Long Beach, Radiant Industries, Venture Capital

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