Aalo Atomics is a three year old company that is focused on designing, manufacturing and deploying nuclear reactors. Their stated goal is to achieve an electricity production cost of less than $0.03 (3 cents) per kilowatt hour. It’s moving fast. It built a 40,000 ft² pilot scale manufacturing plant in Austin, TX in just one…
Oklo is rapidly becoming a household name, at least among households with members who pay attention to energy industry developments and/or the headliners in the financial press. Oklo is in the process of designing and permitting a family of small modular reactors that it plans to own and operate to produce electricity, heat and isotopes…
Aalo Atomics is a two year old micro reactor company founded by Matt Loszak, a serial entrepreneur, and Yasir Arafat, a skilled nuclear engineer who previously lead the DOE’s MARVEL advanced micro-reactor demonstration project. Note: At Nucleation Capital, we were impressed enough with the company and the team to add it to our growing portfolio…
Brian Gitt, the Business Development lead at Oklo, visited the Atomic Show to describe his employer’s business model and current prospects. Oklo is an advanced fission and fuel recycling company with an expansive vision for becoming a competitive clean energy supplier. It plans to provide heat and/or electricity as a service from a fleet of…
Stefano Buono is a physicist and the successful founder of Advanced Accelerator Applications, a multibillion dollar company that pioneered the use of several therapeutic medical isotopes. After making several people very rich, including himself, he sold the medical isotope business and returned to his early 1990s field of study – nuclear fission reactors using molten…
Oklo, Inc. announced yesterday that its combined license application (COLA) to build and operate an Aurora at INL was undergoing acceptance review at the Nuclear Regulatory Commission. Key project specifics Oklo’s Aurora is a 1.5 MWe liquid metal fast reactor with heat pipes to move fission heat out of the reactor core and into the…
Senator Carper (D-DE) asked each witness at a March 8 hearing about NEIMA – Nuclear Energy Innovation and Modernization Act – to give one suggestion for improving the bill. If asked, my answer would be to include findings that emphasize the importance of U.S. government-owned testing facilities that are capable of supporting the NRC licensing…
If a U.S.-based researcher or reactor designer needs to irradiate fuel or material with fast neutrons for testing, their current options are extremely limited. No domestic test facility can provide enough fast neutrons to do anything more than slowly irradiate a small quantity of tiny samples. Anything more requires the full cooperation of either Russia…
During the period between 1961 and 1994, an extraordinary machine called the Experimental Breeder Reactor 2 (EBR-II) was created and operated in the high desert of Idaho by a team of dedicated, determined, and distinguished people. In 1986, that machine demonstrated that it could protect itself in the event of a complete loss of flow…
I learned some important new concepts yesterday from two of the leaders of the Integral Fast Reactor (IFR) project – John Sackett and Yoon Chang. Among other things, they informed me — as a member of a group of about 35 other attendees at a workshop titled Sustainable Nuclear Energy for the Future: Improving Safety,…
On June 26, 2014, the 60th anniversary of the start of the 5 MWe Obninsk reactor that was the first reactor in the world to routinely supply electricity to a commercial power grid, Russia started up the latest in a series of sodium-cooled fast reactors, the BN-800. This new nuclear plant is an evolutionary refinement…
CNN has done a masterful job of seizing the opportunity provided by Robert Stone’s thought-provoking Pandora’s Promise to generate a passionate discussion about the use of nuclear energy — a vitally important topic — at a critical time in American history. The decision makers at that somewhat fading network should be congratulated. Of course, generating…
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