en.Wedoany.com Reported - Nuclea Energy, a Canadian advanced nuclear technology developer, disclosed on August 6 that it has signed a non-binding memorandum of understanding with New Mining, a U.S. digital infrastructure operator, to evaluate the technical and project-structure feasibility of deploying modular reactors at or near New Mining's data centers to provide behind-the-meter power for its high-density computing facilities.
The evaluation will be conducted in two phases: Phase 1 involves engineering scope definition for New Mining's current operating data center load of approximately 30 MWe; Phase 2 is a scalability assessment, with modular capacity expandable to a cumulative total of up to 100 MWe as New Mining's infrastructure grows.
The MOU does not constitute a power purchase agreement, virtual power purchase agreement, energy offtake contract, or any power supply commitment, and Nuclea will not act as a nuclear facility operator. Should both parties decide to proceed, the ultimate generation and delivery of electricity will be handled by a qualified third-party utility or specialized nuclear operating company to be separately identified and contracted. Nuclea will provide technical advisory services, including engineering specifications for modular reactor design, architectural planning for behind-the-meter microgrid integration, and preliminary regulatory and zoning pre-application strategies.
New Mining will provide site, engineering, and electricity consumption data to support the evaluation. The company is a U.S. Bitcoin mining infrastructure operator with 8 years of operating history, with facilities in North Dakota and Minnesota totaling approximately 65 MWe of capacity.
The Morpheus microreactor features a lead-cooled, graphite-moderated design, positioned as a factory-fabricated, transportable, and scalable micro-modular reactor with a power range of approximately 3.5 MWe to 50 MWe. Target applications include data centers, defense facilities, remote industrial operations, and off-grid communities.
Morpheus is currently in the pre-conceptual design phase and has not generated revenue or built or operated any commercial reactor assets. Nuclea is preparing to submit an initial regulatory engagement plan to the U.S. Nuclear Regulatory Commission (NRC) to establish a formal licensing pathway. In June, the company secured another non-binding MOU regarding the feasibility of siting a demonstration test reactor at the San Rafael Energy Research Center in Utah. Nuclea is currently advancing an 18-month commercialization and licensing roadmap designed to move the company beyond the concept stage through steps including R&D funding and execution, regulatory engagement, and prototype preparation. The required funding is intended to be raised through a strategic business combination with Mangoceuticals announced in July, aimed at achieving a Nasdaq public listing.
Nuclea CEO Josef Freundorfer stated that high-density computing infrastructure is precisely the type of behind-the-meter application the technology targets, and that this collaboration allows the company to rigorously evaluate the fit with a partner that understands the power demands of large-scale mission-critical operations; the phased approach reflects the company's preferred way of working—first conducting a clear technical assessment of the operator's actual load profile, letting the data determine whether the technology is suitable, and then advancing further commitments. New Mining CEO Denis Slabakov noted that Bitcoin mining is an energy-intensive industry, and securing stable, competitively priced power has always been central to competition, adding that the company looks forward to evaluating whether Nuclea's modular reactor technology can provide long-term support as its infrastructure continues to expand.
