Scott Nolan

you know, defense based resilient power, you can go bigger and still achieve some of the same things.

So it's a question of there's this range called micro reactors, which is anything from a megawatt to 20 megawatts.

And so different people have different opinions of what's the optimal size.

But you can go as small as a shipping container and there's people trying to go smaller for other applications.

Wow.

Yeah.

That's interesting.

So all these ones taking the small approach, they need this more enriched fuel, enriched to 20%, because we want to make the small core.

And what everyone said was, yeah, we don't have a good source of fuel.

We really need to figure this out.

And so I would ask, well, where are you going to get your fuel today?

And the answer was, hey, only Russia and China make this fuel.

They're the only ones going to 20%.

And so I would naturally ask,

Why don't the US enrichment companies make this fuel?

Is it a lot harder than making the fuel up to 5%, enriching up to 5%?

And they would say, what do you mean US enrichment companies?

We're not really enriching in the US.

There's people trying to and trying to get commercial going, but we're not doing it today.

And so I spent over a year looking for a company to invest in at Founders Fund that was doing this, that could do this.