California company Radiant has secured funding to develop a compact, portable, “low-cost” one-megawatt nuclear micro-reactor that fits in a shipping container, powers about 1,000 homes and uses a helium coolant instead of water.

Founded by ex-SpaceX engineers, who decided the Mars colony power sources they were researching would make a bigger impact closer to home, Radiant has pulled in US$1.2 million from angel investors to continue work on its reactors, which are specifically designed to be highly portable, quick to deploy and effective wherever they’re deployed; remote communities and disaster areas are early targets.