Deep Isolation Nuclear, Inc.

Deep Isolation Nuclear reported a widened net loss for Q2 2026, reaching $3.04 million, a significant increase from $1.36 million in Q2 2025. Revenue for the quarter decreased by 19.3% to $1.32 million. For the six months ended June 30, 2026, the company's net loss surged to $8.45 million, driven by substantial increases in research and development and selling, general, and administrative expenses.

Deep Isolation Nuclear, Inc. announced its Q2 2026 financial results, reporting $1.3 million in revenue and a net loss of $3.0 million. The company maintained a cash balance of $19.4 million as of June 30, 2026. Operationally, Deep Isolation achieved significant milestones including surpassing 100 issued patents, establishing a field presence for its deep borehole demonstration program, and its common stock beginning to trade on the OTCQB Venture Market. Additionally, the company was selected as the sole industrial partner on three competitive federal grants from the U.S. Department of Energy.

Deep Isolation Nuclear, Inc. announced its selection as the sole industrial partner for three competitive federal grants under the U.S. Department of Energy’s (DOE) Project GENESIS program. These initiatives, led by Lawrence Berkeley National Laboratory and the University of South Carolina, aim to advance artificial intelligence-enabled repository site screening, design, and performance analysis for nuclear waste disposal. The projects will leverage Deep Isolation's expertise in deep borehole disposal and Universal Canister System design, combining it with LBNL's geoscience and AI capabilities and USC's physics-informed AI for faster, data-driven site characterization.