NuCube Energy
Definitive (DA signed)Industrials · advanced nuclear microreactor manufacturing
- What it is
- A private company in industrials preparing to list via a SPAC merger. Full profile in progress.
- What it’s doing now
- Merging with Launch Two Acquisition Corp. (LPBB) — definitive (da signed), announced Aug 18, 2026; expected close H2 2026.
- What you should know
- Data is still being assembled for this company — what is shown below is everything we have verified so far.
What the company says about itself
Web research — not auditedNuCube Energy develops the NuCube DeccaCell™, described as the world's first solid state fission reactor. The compact reactor provides up to 15 megawatts of power with a core life of up to thirty years, targeting facilities such as mining operations, remote research bases, and data centers.
- Markets:
- Energy | Nuclear Fission
- Products:
- NuCube DeccaCell™ | NuSun™ platform
- Customers:
- Halliburton Labs
[WEB-INTEL 2026-09-06] 6 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction values NuCube at a pre-money equity value of approximately $500 million and is expected to generate gross proceeds of up to approximately $125 million, combining anticipated Private Investment in Public Equity ("PIPE") finan" [https://www.globenewswire.com/news-release/2026/06/25/3317422/0/en/nucube-energy-to-become-a-publicly-listed-company-through-business-combination-with-launch-two-acquisition-corp.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The transaction is expected to close in the second half of 2026" [https://www.globenewswire.com/news-release/2026/06/25/3317422/0/en/nucube-energy-to-become-a-publicly-listed-company-through-business-combination-with-launch-two-acquisition-corp.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "NuCube Energy has raised $20.4M" [https://pitchbook.com/profiles/company/571904-11] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "NuCube Energy has raised a total funding of $13M over 1 round. Its latest funding round was a Series B round on Feb 19, 2026" [https://tracxn.com/d/companies/nucube-energy/__crkTGExcXYIzr_uBa_ERT9beMco8El51g3LF_f9oEwk] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "NuCube Energy SPAC merger with LPBB: advanced nuclear target may list on a new ticker in late Q3 2026" [https://tickerspark.ai/market/nucube-energy-spac-merger] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "NuCube is targeting a capital-efficient path to a first-of-a-kind deployment in 2029" [https://www.globenewswire.com/news-release/2026/06/25/3317422/0/en/nucube-energy-to-become-a-publicly-listed-company-through-business-combination-with-launch-two-acquisition-corp.html]
Source: https://www.nucube.energy/ · captured Sep 6, 2026 · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
NuCube Energy is merging with Launch Two Acquisition Corp. (LPBB), a $230M SPAC currently marked Deal announced and trading at $10.81 against $10.77 in trust per share.
| Headline equity value | — |
| PIPE | $75M |
Structure per SEC accession(s) 0001213900-26-091312. How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
What the filings actually value
They are not the same fact, and only the last one is what a valuation multiple may be struck on.
What NuCube Energy, Inc. on its own is valued at, before a dollar of the SPAC's trust or the PIPE reaches it. This is the price agreed for the business itself.
The combined company net of that cash — what the buyers are paying for the BUSINESS. Every multiple below is struck on this figure and on nothing else.
What that price is, per dollar of sales
Enterprise value ÷ EBITDA — not shown
No EBITDA figure for NuCube Energy, Inc. appears in any filing we hold, so no EV/EBITDA multiple is shown. We have not inferred one from a margin assumption — a multiple built on an assumed margin measures the assumption, not the company.
All figures above are stated in EX-99 press release0001213900-26-071782
EX-99 press release, 0001213900-26-071782: preMoneyEquityM "approximately $500 million" — the sponsor rounding its own figure; proFormaEnterpriseValueM "approximately $579 million" — the sponsor rounding its own figure. A press release is a party's own claim, not a filed table: any stated capitalisation table supersedes it.
Was this deal done at an expensive or a cheap valuation?
SpacBrain’s read on the price
No multiple can be computed
We hold no revenue figure in US dollars for NuCube Energy, Inc., so there is nothing to divide the price by and no multiple can be struck. It is not recorded as pre-revenue either — this is a gap in our record, not a finding that the company has no sales. The deal values it at $579M regardless.
We have not extracted a revenue figure for this company from its filings yet. That is our gap, not a statement about the business.
Pro-forma enterprise value as filed.
Not extracted from the filings yet.
Not computable — no revenue figure has been extracted from the filings yet.
No listed comparable carries a revenue multiple we can use.
Common questions
Is NuCube Energy going public?
NuCube Energy has a signed merger with the SPAC Launch Two Acquisition Corp. (LPBB), announced Aug 18, 2026. Deal status: Definitive (DA signed).
Was NuCube Energy bought at an expensive or a cheap valuation?
We hold no revenue figure in US dollars for NuCube Energy, Inc., so there is nothing to divide the price by and no multiple can be struck. It is not recorded as pre-revenue either — this is a gap in our record, not a finding that the company has no sales. The deal values it at $579M regardless.
Does NuCube Energy have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.
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