Deployable Energy Fund Limited

An Australian wholesale investment pathway to Deployable Energy’s Unity battery.

Deployable Energy Fund Limited provides eligible wholesale investors with a proposed investment pathway into the US company developing Unity, a compact nuclear energy system designed to deliver electricity, heating and cooling.

Review the current IM before expressing interest or applying.

Close-up company photograph of the Unity demonstration reactor vessel, with signatures on its exterior
The hardware behind Unity. Unity demonstration reactor vessel, photographed during the 2026 test programme. Photograph courtesy of Deployable Energy. Explore Why DE USA.

30 Jun 2026

Zero-power criticality at Idaho National Laboratory

1 MWe

Electrical design rating per unit

4.95%

U-235 enrichment in the uranium dioxide fuel design

5 years

Company design core life and planned replacement cycle

Technical figures are design information from DE’s 14 September 2026 presentation; the event date is confirmed in its 7 October announcement.

Watch the briefing / 6 minutes 40 seconds

Why Unity. Why DE USA.

The proposed investment rationale, six design priorities and potential Australian applications, explained in one film.

DEFL briefing

English captions are available. The closing notices remain on screen silently for ten seconds; pause to read at your own pace.

Read the full transcript and source notes

The company, the product and the pathway.

Explore factory manufacture, established fuel, managed fuel replacement, safety design, on-site power, and electricity, heating and cooling. Read the six-point technical profile and its supporting sources alongside the film.

Australian settings shown in the film are potential applications; see the Australian pathway.

In one paragraph

An investment in the developer, through DEFL.

DEFL is an Australian special purpose vehicle established to make a proposed investment in DE USA under an executed financing mandate. Eligible investors would acquire shares in DEFL; DEFL would purchase the SAFE agreement rather than acquire DE USA shares at that point.

Unity’s proposed combination is factory manufacture, established fuel, managed fuel replacement, safety design, on-site power and useful heat for heating or cooling (company technology overview). Our six-point technical profile explains the intended benefits.

The current IM sets out the proposed investment structure, terms and risks.

The thesis

Bring energy closer to the customer.

DE is developing Unity for remote, distributed and behind-the-meter applications, where power can be generated alongside the customer’s operations (NRC project overview).

Standard modules are intended to support different site layouts and multiple-unit installations (DE technology).

Explore Unity’s six key points

Position

Criticality achieved. Further validation ahead.

Core physics demonstrated

Unity achieved zero-power criticality on 30 June 2026 (company account).

Maritime qualification work

Lloyd’s Register describes early-stage hazard identification and technology qualification for Unity’s maritime integration, with further design development and verification required (LR case study).

Full-power campaign planned

DE’s 7 October announcement identifies a planned 2027 DOME demonstration at Idaho National Laboratory, with engineering and authorisation preparations still ahead (company announcement).

The vehicle

A single, purpose-built access point.

Deployable Energy Fund Limited (ACN 701 609 387 | ABN 31 701 609 387) is a special purpose vehicle established to pursue an investment of up to US$75m in Deployable Energy's Series A through a SAFE under an executed mandate, for eligible wholesale investors in Australia. Financial services in connection with the Fund are provided by Deployable Energy Funds Management Pty Ltd.

  • StructureUnlisted Australian public company investing in Deployable Energy's Series A through a SAFE, at a single closing
  • EligibilityWholesale clients, sophisticated or professional investors (section 708) and US Rule 501(a) accredited investors, resident in Australia; minimum Subscription Amount US$500,000 (MSC may consider smaller Subscription Offers to Wholesale Clients)
  • ManagerDeployable Energy Funds Management Pty Ltd
  • Custodian and intermediaryMelbourne Securities Corporation Ltd (MSC), AFSL No. 428289. Subscription Amounts are paid in US dollars into DEFL's custody account held by the Sub-Custodian, Certane CT Pty Ltd, and held in custody until the Distribution Shares are issued. The separate Entry Fee is paid to the Manager
  • AdministratorMSC Abacus Pty Ltd (ACN 630 730 684), responsible for registry and investor administration under the executed Administration Agreement
  • UnderlyingDeployable Energy, Houston, Texas — Series A expected to close in the fourth quarter of 2026