Valar Atomics has submitted a proposal to the Bureau of Land Management to develop more than 9,000 acres of federal land near Price, Utah, as a nuclear‑powered computing campus.

The plan calls for roughly 456 small high‑temperature gas reactors, each rated at 25 MW electric, together providing about 9.6 GW of capacity for data centres, fuel production and waste‑storage facilities.

Construction of non‑nuclear infrastructure could start by late 2026, with the first reactors expected to enter service in 2028 and full development potentially completed by 2032.

Valar also seeks about 650 acres of state land from the Utah Trust Lands Administration, expanding the footprint beyond the federal parcel.

The company’s financing includes a $1 billion Series B round led by Sequoia Capital and a $200 million credit facility, though the total construction cost for Project Beehive has not been disclosed.

Project Beehive must undergo a National Environmental Policy Act review, with the BLM assessing completeness of the application and providing opportunities for public comment.

Local groups have voiced concerns about the scale of the development, particularly the storage of nuclear waste and the use of public land for industrial purposes.

Valar’s reactor technology, demonstrated at the Utah San Rafael Energy Lab, uses high‑temperature gas reactors with TRISO fuel, graphite moderation and helium cooling; the Ward 250 unit achieved fueled criticality on 18 June 2026 and produced electricity to power an Nvidia microchip in July.