The United States is accelerating efforts to revive nuclear energy, aiming to fuel the booming AI data center industry and decarbonize maritime shipping. The next frontier: small modular reactors (SMRs) built on floating barges, positioned offshore to deliver clean power to coastal facilities and vessels. Surprisingly, this push may gain early traction in California, a state that has prohibited new nuclear power plants for nearly five decades.

This summer, the Port of Long Beach—part of the largest container port complex in the Western Hemisphere—inked an agreement with the Trump administration to explore next-generation SMRs. The goal is to generate emission-free electricity for the port itself, nearby data centers, and even cargo ships. While the concept of offshore nuclear power may sound novel, the U.S. Navy has operated small reactors on submarines and aircraft carriers for decades. In 2020, Russia deployed the world’s first floating nuclear power station on a barge to supply the remote Arctic town of Pevek, home to about 4,000 people.

Long Beach and neighboring Los Angeles handle a vastly different scale of trade. Their combined port complex is the busiest in the Western Hemisphere. The Port of Long Beach has partnered with Bluecore Energy, a startup founded only in January, to design SMRs on floating barges. The project remains several years from completion, but excitement is building.

“I think it’s very viable. It’s just a question of when, not if,” said Max Hopkins, a nuclear power analyst at CITIC CLSA, speaking broadly about the growth of offshore nuclear power across military, maritime, and AI data center applications. “To put something into place fast, with production means, and then you can just float it somewhere—it seems like offshore barges are going to be almost ideal. I think it’s going to become pretty accepted, much more so than people realize.”

Hopkins cautioned that the technology is still years from commercial deployment. Regulatory frameworks must be built, and supply chains and manufacturing systems need to mature. Beyond California, Denmark-based Saltfoss Energy is developing similar nuclear reactor barges in Europe.

The maritime sector is a significant contributor to global emissions. Cargo vessels account for about 3% of global greenhouse gas emissions—roughly equivalent to the entire continent of Africa. Nuclear propulsion could cut that drastically, as ships refuel every two or three years instead of every voyage, reducing fossil fuel use and enabling faster transit.

The federal government is pushing from multiple angles. This week, the U.S. Department of Transportation’s Maritime Administration (MARAD) announced a partnership with London-based Core Power to develop the regulatory and technical basis for a future fleet of nuclear-powered merchant ships. A day later, the U.S. and the International Atomic Energy Agency (IAEA) launched the Atomic Technologies Licensed for Applications at Sea (ATLAS) initiative, aiming to advance SMR and micro-reactor technologies for merchant shipping with strong safety and non-proliferation standards.

Bluecore’s founder and CEO, Kofi Asante, is a 31-year-old Ghanaian-American from Austin, Texas. He built his logistics expertise at Uber Freight, heavy-cargo drone company Elroy Air, and electric barge startup Arc. His vision: use the maritime industry to deliver clean, consistent power for ports and AI data centers. “The philosophy was really process of elimination: if you need that much energy, then you arrive at a nuclear reactor,” Asante told Fortune. “And if you need real estate, two-thirds of the world is water, so you can use barges for extra real estate.”

He added, “We can go miles away and connect via subsea cable—so we don’t have to be near neighborhoods, and we don’t have to be co-located at the port.”

Asante argues that the required technology is largely already developed, including smaller versions of traditional light-water reactors. Each 10-megawatt reactor on a barge can power roughly 10,000 homes, can be moved by tugboats, and can be stacked side by side to scale up generation.

The company is pursuing this path in a state that banned new nuclear reactors in 1976 over environmental and safety concerns, including unresolved radioactive waste issues. Port of Long Beach CEO Noel Hacegaba acknowledged the lengthy process, noting that state lawmakers are debating legislation to study lifting the ban. “Nuclear is having a moment at the Port of Long Beach, and we are engaged with the private sector, along with state and federal legislators on this issue,” Hacegaba said in a statement. “This innovation is years away from becoming a reality due to the technological advancements and regulatory hurdles that still need to be cleared, and it cannot advance without state and federal approvals. In the meantime, our new partners at Bluecore Energy are following state and federal laws as they provide the private-sector experience to research and develop SMR technology.”

Two big questions dominate the discussion: safety and economic competitiveness against natural gas and solar power. Asante draws a manufacturing analogy, arguing that older nuclear plants were built like custom factories—each one unique and expensive. “Small modular reactors like ours, you build multiple of them, so it starts to look like a factory,” he said. “Some of our team came from Rivian and Toyota, and we’re looking at it like a production facility.”

Hopkins supports the idea from a materials perspective: “A jet engine is actually much more complicated to build than a nuclear reactor from a materials science perspective.”

On safety, Hopkins noted that modern designs wrap uranium fuel pellets in multiple layers of ceramic and graphite, rendering them inert when separated. Asante emphasized that floating plants are mobile. “Our floating nuclear power plants are mobile. In the event of severe weather, they can quickly be repositioned. They are also shielded so that they can withstand extreme weather and be underwater. And we have multiple control mechanisms that will automatically turn the reactor off if needed.” He added that water itself is an advantage: “Water is the cooling mechanism and safest place for our systems, and we have an unlimited amount of access.”