Hyperion Power Generation is commercializing a small civilian reactor developed by Los Alamos National Laboratory, focusing on a transportable, sealed-core design with enhanced safety features. The project has secured customer commitments for 122 units worth $3.6 billion and aims to generate electricity at costs below $0.10 per kWh worldwide. Key advisors and partners have been established, and the company is progressing towards regulatory licensing with a projected operational outcome of 25 MW electrical output.