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Reg CFTRL54.2–5.6Tier IClosing soon

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.

Horizon Center Industrial Park · Oak Ridge, TNPre-applicationEscrow: Cadence Escrow Services
TRL 5 of 9, band 4.2 to 5.6, signed by Dr. Samuel Adeyemi, PhD Nuclear Engineering; ASME Section III reviewer, on Jun 5, 2026.See the evidence it rests on

$4,205,000 committed of $5,000,000

$1,261,500 released · 84% subscribed

Released to the issuerCommitted, held in escrowRemaining
Minimum
$100

$25 per unit

Target coupon
6.00%

Annual, fixed

Term
4 yr
Investors
1,884

Closed August 29, 2026

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Issuer updates

  1. Corrosion results published; still no customer

    June 9, 2026

    Our alloy coupon results are now in the peer-reviewed literature and the first milestone has been certified. We want to be direct about the assessment published alongside this offering: a TRL of 5 is accurate, and so is the reviewer's note about the commercial side. We have chemistry, not customers. Anyone investing should be doing so on a ten year view.

    Marcus Feldt, CTO