Z
Zeno Power
Space · Washington DC, United States · Founded 2018
Radioisotope power systems for extreme frontier environments MoreLess
Zeno Power develops compact, long-duration radioisotope power systems (RPS), commonly known as nuclear batteries, designed to provide electricity in extreme environments where conventional power sources are unviable. Founded in 2018 by Vanderbilt University alumni Tyler Bernstein (CEO), Jonathan Segal (COO), and Jake Matthews (CTO), the company originated from a university project exploring advanced nuclear applications. The founders combined their interests in nuclear technology and beneficial uses for used nuclear fuel to establish the company.
The company's core business revolves around designing and manufacturing RPSs that convert heat from the natural decay of radioisotopes into electricity. Zeno's main innovation is a patented fuel and shielding design that enables the use of strontium-90 (Sr-90), an abundant nuclear waste byproduct, to create lightweight, scalable, and cost-effective power systems. This approach contrasts with legacy systems that were often heavy and inefficient or relied on scarce materials like plutonium-238. The company is also developing systems utilizing americium-241 (Am-241) for long-duration space missions.
Zeno Power primarily serves government and commercial clients in the aerospace, defense, and maritime sectors. Its business model is based on securing contracts to develop and deliver these specialized power systems. The company has secured over $60 million in contracts from clients including NASA and various branches of the U.S. Department of Defense, such as the Space Force and the Navy. These contracts are for applications such as powering lunar landers to survive the two-week lunar night, enabling persistent seabed infrastructure for the Navy, and providing energy for highly maneuverable satellites. The company plans to deliver its first full-scale systems to customers between 2026 and 2027.
Zeno Power has raised over $70 million in total capital, including a $50 million Series B round in May 2025 led by Hanaco Ventures. The company has dual headquarters in Seattle, WA, and Washington, D.C. Key milestones include the successful demonstration of its first nuclear prototype at Pacific Northwest National Laboratory in 2023, securing a fuel supply from the U.S. Department of Energy by recycling legacy radioactive material, and partnering with Westinghouse to fabricate its nuclear heat sources.
Keywords: radioisotope power systems, nuclear batteries, strontium-90, americium-241, deep sea power, space power, lunar missions, national security, defense technology, aerospace, maritime technology, off-grid energy, long-duration power, radioisotope thermoelectric generator, radioisotope stirling generator, remote power solutions, NASA, Department of Defense
Company overview
Zeno Power company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- Washington DC, United States
- Employees
- 106
- Open positions
- 16
- Dealroom signal
- 93.1
Valuation & funding
Zeno Power funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | May 2025 | $50M | $200M | Jawsvc · Hanaco Venture Capital · Seraphim Space · RiverPark Ventures | ↗ |
| DEBTDebt | Aug 2024 | $12M | — | LEONID | ↗ |
| GRANTOther financing | Sep 2023 | $15M | — | US Department of War | ↗ |
| GRANTOther financing | Jul 2023 | $15M | — | NASA | ↗ |
| GRANTOther financing | Aug 2022 | $7.2M | — | AFWERX | — |
| SERIES AOther financing | Apr 2022 | DCVC · 1517 Fund · Academy Investor Network · AIN Ventures | ↗ | ||
| GRANTOther financing | Mar 2021 | US Department of War | — | ||
| SERIES AOther financing | Jan 2020 | DCVC · 1517 Fund · Tribe Capital · Pallas Ventures | — | ||
| GRANTOther financing | Aug 2019 | US Department of War | — | ||
| GRANTOther financing | Feb 2019 | US Department of War | — |
Growth signals
Zeno Power website traffic
Latest recorded traffic for Zeno Power is 8.5K monthly website visits, down 69.6% over the last three months. Zeno Power's team grew 20.5% over the past year.
Hiring
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Comparisons
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Talent graph
Zeno Power's talent
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Investors
21 investors on Zeno Power's cap table
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Global footprint
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In the news
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Market sentiment
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