News Brief


Founders Fund has made its first investment through FF Science, its new allocation for early-stage science ventures, putting $2 million into Transatomic Power. The Cambridge, Mass., startup is developing a nuclear reactor that it claims will be safer, cleaner and cheaper than traditional versions. The company plans to use the money to test and refine the designs. Transatomic co-founders Leslie Dewan and Mark Massie developed the technology, which reduces the amount of nuclear waste by relying on liquid rather than solid fuel, as graduate students at MIT. If you’d like the technical explanation, it’s here.



3 comments
jeciv
jeciv

There is a great documentary on Netflix titled "Pandora's Promise"; it focuses on the history of nuclear energy, as well as the latest generation of reactors.  Nuclear is the only bridge technology we have until renewable energy is viable. (That is when the sun doesn't shine and the wind doesn't blow, there're just natural gas power plants.)  I wrote a more comprehensive post a few minutes ago but it disappeared; and I don't have the time to rewrite it.  We should make up our own minds based on the current facts and revisit it with open minds.  The white paper, for which there is a link at the end of the article is a good read if you're technically inclined.

Roger Snyder
Roger Snyder

We've been hearing about nuclear power being cleaner, safer, and "too cheap to meter" for decades. Hasn't worked out that way. Nobody still has world out a way to dispose of the waste after all these years.


All it has done is make some companies a lot of money, cost ratepayers and taxpayers a lot of money, (and bankrupted some companies).


Time to be dome with this flawed, failed technology, and move into the 21st century.

jeciv
jeciv

@Roger Snyder  The 3rd and 4th generations of nuclear power designs are the best alternative, or bridge, from oil, gas, coal to renewable energy.  They are unbelievably efficient and safe.  The biggest obstacle for nuclear power is the public relations.  All the past disasters have been a result of light water reactors that always had inherent design flaws, but were the cheapest to build in the beginning.  There's a great documentary on Netflix called "Pandora's Promise" that takes a comprehensive look at the issues.  Very well done and worth the time; its technically accurate according to associates that know the research. I lived a dozen miles from Three Mile Island during the crisis, so I've been very anti-nuclear in the past.  We, and especially the environmental movement, have to re-open our minds and revisit the technologies that have been developed in nuclear.  Its too important to ignore.  

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