CLOSED DECISION Decided

AIDEA's $25 million stake in microreactor maker NuCube

AIDEA agreed to buy $25 million of NuCube Energy's Class A shares at $9.25 each, which NuCube's filing calls about a 14.5 percent discount, with half a warrant per share at $11.50. AIDEA's release names data centers among the industries cheaper power could serve and names no Alaska site, utility, customer or date.

DECIDES · ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY

How the public reaches this

AIDEA announced the investment as made on October 21st. The company's merger filing describes AIDEA as its anchor investor. No public comment step was announced.

Timeline

OCT 19NuCube files its announcement naming AIDEA as anchor investor
OCT 21AIDEA announces the $25 million equity investment

Sources

Every document a fact on this page was checked against.

  1. Alaska Industrial Development and Export Authority

    2026-10-21
  2. NuCube Energy, filed with the SEC

    2026-10-19

How this decision moved

One dated line per material change, oldest first.

  1. 2026-10-28 Read AIDEA's release and NuCube's SEC filing. The $25 million counts toward the $75 million minimum cash condition for NuCube's merger with Launch Two Acquisition Corp. AIDEA says project costs and energy savings will be determined as projects are developed.

Articles on this decision

Each of these verified a claim against a document this decision also rests on.

Cite this

Alaska AI Docket, AIDEA's $25 million stake in microreactor maker NuCube. Tracked since October 28th, last verified October 28th. https://alaskaaihq.com/docket/aidea-nucube-equity-investment/ · Reuse permitted under CC BY 4.0 with attribution. This decision is also available as structured data in the docket JSON, item id aidea-nucube-equity-investment.

Questions about this decision

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What is AIDEA's $25 million stake in microreactor maker NuCube?
DECISION

AIDEA agreed to buy $25 million of NuCube Energy's Class A shares at $9.25 each, which NuCube's filing calls about a 14.5 percent discount, with half a warrant per share at $11.50. AIDEA's...

Who decides AIDEA's $25 million stake in microreactor maker NuCube?
WHO DECIDES

Alaska Industrial Development and Export Authority

Can I comment on AIDEA's $25 million stake in microreactor maker NuCube?
NO OPEN COMMENT PATH

AIDEA announced the investment as made on October 21st. The company's merger filing describes AIDEA as its anchor investor. No public comment step was announced.

Has AIDEA's $25 million stake in microreactor maker NuCube been decided?
STATUS

It is decided. Read AIDEA's release and NuCube's SEC filing. The $25 million counts toward the $75 million minimum cash condition for NuCube's merger with Launch Two Acquisition Corp...

What happens next with AIDEA's $25 million stake in microreactor maker NuCube?
WHAT HAPPENS NEXT

No further date is published. It is decided and the record is checked against its source every day.

What changed on AIDEA's $25 million stake in microreactor maker NuCube?
LAST MOVED OCTOBER 28TH

Read AIDEA's release and NuCube's SEC filing. The $25 million counts toward the $75 million minimum cash condition for NuCube's merger with Launch Two Acquisition Corp...

What kind of decision is AIDEA's $25 million stake in microreactor maker NuCube?
TYPE

A decision, decided by Alaska Industrial Development and Export Authority.

When did AIDEA's $25 million stake in microreactor maker NuCube start?
TRACKED SINCE

Tracked since October 28th, a day ago. The earliest date on its record is October 19th.

Where can I read the sources for AIDEA's $25 million stake in microreactor maker NuCube?
2 SOURCES

Alaska Industrial Development and Export Authority, NuCube Energy, filed with the SEC. Every one is listed with its date on the decision page.

Beats

This decision is tracked on Alaska data centers · Alaska power and the grid · Alaska land and permitting for AI. Each beat page keeps every decision and every article on that subject in one place.