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Scott Nolan

👤 Person
1357 total appearances

Appearances Over Time

Podcast Appearances

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

We want to make them in factories.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

We want to get really low on cost and, you know, high quality, low cost, the whole Six Sigma manufacturing strategy.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

But let's use those concepts and apply them to nuclear reactors instead of treating every single one as a bespoke one-off construction project.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

We're going to factory produce these.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So that's pretty much everyone's vision.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

But they said to pull that off,

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

you've got to make it smaller.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

You can't build a huge thing, a thing the size larger than a factory in a factory.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

You've got to make small things.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

And so if we're going to make the reactor small, we need more energy dense fuel.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

How small are they making these reactors?

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So one company that Founders Fund invested in makes a reactor that fits in a shipping container.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So you can truck it to the site, drop it off, put some perimeter security around it, put some active security around it, and minimal site preparation, you can operate.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

How much of that power?

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

Those that are in a container like that, one megawatt.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So that's meant to just replace a diesel generator.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So not a lot.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

But if you can make them cheap enough, you can tile them together and build a big array of them like you see with solar, gas generators, grid scale, battery storage, same thing.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

So that's one approach.

The Shawn Ryan Show
#211 Scott Nolan - CEO of General Matter on Uranium Enrichment

I think you go that small and it's going to have some really unique applications that are off-grid or