Cascade Salt Energy
Cascade Salt Energy
Convertible notes on a thorium fuel salt with a validated corrosion loop and no license application yet.
Thorium is abundant, and a liquid fuel salt at atmospheric pressure removes the high-pressure containment problem entirely. It also dissolves metal. Cascade has run a 4,000-hour corrosion loop at temperature and published the alloy results. What it does not have is a license application, a fuel supply agreement, or a customer. This is a technology bet at TRL 5.
$4,205,000 committed of $5,000,000
$1,261,500 released · 84% subscribed
- Minimum
- $100
- Target coupon
- 6.00%
- Term
- 4 yr
- Investors
- 1,884
$25 per unit
Annual, fixed
Closed August 29, 2026
Sign in to see your limit
- Eligibility depends on residency, accreditation status and how much you have already invested this year.
- You can read everything about this offering without an account. Committing capital requires one.
Demo · viewing as
Browsing without an account. Everything is visible; nothing is purchasable until you verify who and where you are.
Or answer the questions yourselfNo money will move
No payment processor is connected. The commitment flow runs end to end, through amount, agreement, signature and receipt, and records a simulated position rather than a charge.
Capital release schedule
1 of 3 rungs released
Release is structured as staged closings rather than withheld proceeds. Amounts shown are cumulative against the $4.2M committed to this offering.
Corrosion loop campaign complete
Capital released- TRL target
- TRL 5
- Cumulative release
- 30% · $1,261,500
- Certified
- April 2, 2026
Verified by: Independent test report; alloy coupon analysis
Certifier: Cordell Independent Verification
Integral loop demonstration
Pending- TRL target
- TRL 6
- Cumulative release
- 50% · $2,102,500
- Target
- March 31, 2028
Verified by: Third-party witness test of the integrated primary loop
Construction permit application docketed
Pending- TRL target
- TRL 6
- Cumulative release
- 60% · $2,523,000
- Target
- June 30, 2029
Verified by: NRC acceptance for docketing
Held by the escrow agent on subscription
30% of committed capital
Unlocks on the next certification
Escrow agent: Cadence Escrow Services. Certification is performed by an independent party with no economic interest in the release.