Deep Fission, Inc. · NASDAQ:FISN
Deep Fission — Investor Presentation (August 2026)
24 slides from Deep Fission's investor presentation, August 2026
Slide 1: Corporate Overview: Powering Humanity from a Mile Underground
DeepFission.com NASDAQ: FISN Corporate Overview Powering Humanity from a Mile Underground August 2026
Slide 2: Empire State Building for scale
Empire State Building for scale (1,454 ft tall) 2
Slide 3: Key Milestones and Company History
Key Milestones and Company History Foundational Tech Technology Validation Commercial Deployment December 2025 Target: First Half of 2027 July 2023 Target: 2027-2028 Announced the Great DOE Pilot Construction & 1957 High-Volume License & Liz Muller and Richard Plains Industrial Park in NRC Licensing
Slide 4: Gravity Nuclear Reactor: Building Something Real
Gravity™ Nuclear Reactor: Building Something Real Designed to Convert to Commercial Operation in Parsons, Kansas 4
Slide 5: Integrating Three Mature Technologies
Integrating Three Mature Technologies Deep Fission prioritizes deployment over invention. Deep Borehole Geothermal Pressurized Our Gravity Nuclear Drilling Technology Water Reactor (PWR) Reactor™ design uses established reactor technology, leveraging existing capabilities in the + + oil, gas, and ge
Slide 6: Simplifying Standard PWR
Simplifying Standard PWR Removing complexity typically required of surface PWRs, keeping just the core. Highlights Primary Heat Primary System Primary Coolant Pressurized Exchanger by Gravity (160 Atm) 1 Primary Coolant is a Closed System Heat Transferred to the (160 Atm) Secondary System is Pumped
Slide 7: Substantial Market & Regulatory Tailwinds
Substantial Market & Regulatory Tailwinds Key Tailwinds U.S. Data Center Power Demand Expected to Outstrip Supply (Gigawatts) ~114. Near-Term Capacity Constraints are creating ~106. Massive Production Shortfalls AI, data centers, big tech, and military spend are ~92. ~94. supercharging energy demand
Slide 8: Commercial Readiness, Not a One-Time Criticality Test
Commercial Readiness, Not a One-Time Criticality Test Key Capabilities for Commercial Power Regulatory & Our NSDA covers the same reactor 1 designed to convert to commercial power Authorization First commercial site at Great Plains 2 Commercial Siting Industrial Park in Parsons, Kansas Standard LEU
Slide 9: Designed for Rapid Speed of Deployment
Designed for Rapid Speed of Deployment Pace to Nuclear Energy Solutions Completion Deep Fission is Designed to be Measured in Weeks of Drilling Time Deep Fission is designed for rapid deployment, 6 Months target for reactor leveraging established technology, and engineered for deployment at scale ec
Slide 10: Low Build Cost
Low Build Cost The Gravity Nuclear Reactor Expected to Improve on Major Variables of PWR Complexity and Cost New Pressurized Water Reactors Deep Fission Criteria are still not cost-effective engineered to achieve compelling economics across the board Large forged pressure vessels within engineered R
Slide 11: Build-Own-Operate Business Model
Build-Own-Operate Business Model Business plan includes revenue from development and construction, technology licensing and services, and long-term revenue from electricity sales. We expect to utilize third-party project financing to support reactor deployment 1 Upfront Reactor Delivery & Integratio
Slide 12: Security Advantage: Defense-Enabling Energy Deployment
Security Advantage: Defense-Enabling Energy Deployment Aligned with Department of Defense eorts to strengthen installation energy resilience, reduce dependency on vulnerable grids and fuel logistics, and maintain operational continuity under disruption Physical Resilience Logistical Resilience Redu
Slide 13: Executive Leadership
Executive Leadership Elizabeth Muller Mark Schmitz Mark Pérès Michael Brasel CEO and Co-Founder CFO Chief Nuclear Officer COO Prior Experience: Prior Experience: Prior Experience: Prior Experience: Co-Founder, Board Chair & Former CEO of 40+ years of experience in global finance 40+ years of experie
Slide 14: Depth of Technical & Operations Teams
Depth of Technical & Operations Teams Bryan Black Rani Franovich David Nelson Executive VP, Business Development VP, Regulatory Strategy VP, Drilling and Completion Team 14+ years in nuclear energy and power 30+ years in nuclear regulation 25+ years in well engineering Aleem Boatright Jason Pottorf
Slide 15: Board Of Directors & Advisors
Board Of Directors & Advisors Board of Directors Elizabeth Muller Leslie Goldman Tepper Jonathan Angell Thomas Glanville Blake Janover CEO and Co-Founder Managing Partner of LGT Seven CEO of Angell Investments Managing Partner of Eschelon Advisors, LP Board Member and CCO of DeFi Board Chair Enterpr
Slide 16: Accelerated Innovation — Deep Fission is a New Class of Infrastructure
Accelerated Innovation — Deep Fission is a New Class of Infrastructure Intellectual Property (IP) Process is Intended to Create Long-Term IP Moat and Technology Licensing Potential Core Concept Stack Borehole Reactor Deep-Borehole Nuclear Borehole Nuclear Power 38 Architecture Reactor Plant System P
Slide 17: Commercial Deployment Plan: 2027-2028 Commercial Operation Date Goal
Commercial Deployment Plan: 2027-2028 Commercial Operation Date Goal Phase 1: Analysis Phase 2: De-Risk Targeting First Half 2027: DOE Pilot Secured non-binding Construction & NRC Licensing Submission LOIs for 18.5 GWe pipeline including site-host LEU fuel fabrication and loading, drilling and and o
Slide 18: Commercial Deployment Plan: Strategic Relationships
Commercial Deployment Plan: Strategic Relationships Diversified Geographies and LOI Counterparties Great Plains Blue Owl Endeavour Development Authority Non-binding letter of intent and executed Non-binding strategic relationship with Non-binding strategic relationship term lease agreement establish
Slide 19: Commercial Deployment Plan: Supply Chain
Commercial Deployment Plan: Supply Chain Flexibility and Resilience from Optionality at Each Dimension Enriched uranium product MOU signed (EUP) procured, with delivery this summer Drilling & Fuel Completion Designing Deep Fission’s instrument hub and Construction manager for electronics for monitor
Slide 20: Proof of Concept: Commercial Drilling Program
Proof of Concept: Commercial Drilling Program Pursuing Multiple Checkpoints in Parallel Targeting Q3 2026 Next Checkpoints 1. Prototype installation 2. Casing integrity 3. Larger borehole execution 4. Thermal performance 5. Progressive depth drilling system 6. Instrumentation hardware integration 7.
Slide 21: Deep Fission Operates in a Market with Rigorous Nuclear Requirements
Deep Fission Operates in a Market with Rigorous Nuclear Requirements Proactive engagement with Regulators allows for parallel path - technology development and commercial approval DOE Authorization & NRC Application Process Commercialization Pathway Documented Safety Analysis approval allows NSDA Ap
Slide 22: Key Highlights
Key Highlights Proven Technology & Established PWR technology, standard LEU and mature drilling methods; 1 2 issued patents and 38 pending applications. Proprietary Architecture Designed for Speed & Drilling-based installation with reduced surface infrastructure leads to 2 faster deployment and impr
Slide 23: Forward-Looking Statements
Forward-Looking Statements This document includes forward-looking statements within the meaning of federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results or strategies and can often be identifie
Slide 24: Powering Humanity from a Mile Underground
Powering Humanity from a Mile Underground