Isaiah Taylor

and we're powering them, and those prices are going to come down.

So, I mean, the goal of Valor generally throughout time is to continuously push the price of energy further and further down.

And I genuinely believe there's no lower limit to that.

Energy can be as cheap as we want it to be, and you continue to march down that path every year of figuring out how to make it cheaper and cheaper.

And that is going to be very exciting.

How much is one of these reactors?

What's the first one going to go for?

I'll tell you what the market pricing is for reactors, and then I'll tell you that we're going to beat that by a lot.

The market pricing is $5,000 to $7,000 a kilowatt.

So if you want a gigawatt of energy, you're talking about $5 to $7 billion to purchase that gigawatt.

We will significantly beat that price.

So our goal is to be cheaper than everybody else.

I think we'll be more than cheaper than everybody else, and just to continuously do that year after year.

How long will these reactors last?

We plan around 20 years.

And I say plan around because you design a reactor for a certain time period and you say after that you can decommission it or you can reevaluate.

You can inspect it and you say, does this have another 10 years in it?

And you decide yes or no.

You can maybe recommission it for another 10 years or you just decommission it at that point.

So we do our engineering around 20 years.