VALAR WATCH
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374 facts · 512 sources · updated 2026-09-30

Fact fund-011

newanalysisconfirmed Federal cash to Valar: $0 on record. Help in kind: no-charge DOE review, a federal lab test, fuel from a federal site
2026-09-29 · fund-011 · Valar Atomics, U.S. Department of Energy, Los Alamos National Laboratory, U.S. Air Force · federal obligations to Valar on USAspending (all award types, through FY2026): $0; Valar's reported federal lobbying spend, Q4 2025-Q2 2026 (gov-004): $70,000

The claim that holds: DOE's pilot program gives companies no money, and the federal spending database agrees. USAspending (re-queried 29 Sept 2026 across every award type: contracts, IDVs, grants, loans, direct payments, other) shows one award to Valar Atomics Inc., DOE Other Transaction Agreement DENE0009560, obligating $0 (orig-055, gov-003). No Defense Department award to Valar appears there (gov-027); DOE's Launch Pad gives no funding (gov-010); the Defense Production Act fuel pact 'does not confer funds' (gov-001); the fuel-line selection is at Valar's own cost (orig-032). What the $0 does not count is help in kind, which Valar's founder described himself: the program 'gives us access to sites, national lab expertise, and federal oversight' (his statement to Wired, as quoted by ANS). (1) DOE bears its own costs of reviewing Valar's safety documents, per the program's request for applications as summarized by Hogan Lovells, whereas NRC applicants pay the NRC hourly fees (gov-032); (2) Ward 250's HALEU fuel was shipped from a federal criticality center in Nevada, with no public record of who owns the uranium or on what terms (gov-008); (3) Los Alamos supplied the critical assembly, staff and oversight for the NOVA test, at a center funded and managed by NNSA (fund-012); (4) Air Force C-17s flew the unfueled reactor to Utah, reportedly at Valar's expense (fund-013); (5) DOE has said pilot reactors count as DOE reactors under the federal nuclear-accident indemnity (fund-014). None of these has a published dollar value. Valar also spends in Washington: $70,000 of federal lobbying through June 2026, on nuclear policy and the budget bill that funds DOE, with only Congress listed as contacted (gov-004).

In plain termsIt is true that the federal government has not paid Valar any money: the official spending database shows a single agreement worth zero dollars. But 'no money' is not the same as 'no help'. DOE reviews Valar's safety paperwork at no charge (companies licensed by the NRC pay for that review by the hour), a federal lab ran Valar's first chain-reaction test on its own equipment, the reactor's fuel was shipped from a federal site, military planes flew the reactor (reportedly paid for by Valar), and DOE has said federal accident coverage applies to these test reactors. None of that help has a published price tag.
verified 2026-09-29: Re-verified 2026-09-29: USAspending award record and award search re-run (one award, $0); Hogan Lovells re-read. 'Federal fuel' and 'federal labs supplied fuel' overstated the record (the NOVA release says Valar provided the fuel; ownership of Ward 250's HALEU is not public): corrected. Lobbying line narrowed to what gov-004 shows (Congress only).

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