Antares Raises $470M Series C

Antares raised $470 million in Series C funding, led by Paradigm and Caffeinated Capital, with backing from Point72 Ventures, Shine Capital, Industrious Ventures and others.

The company plans to move from reactor demonstration to deployed power systems, targeting defense and space applications.

Antares is aiming for initial U.S. military installations by 2028, signaling a major step toward real-world deployment.