NANO Nuclear's founder and chairman Jay Yu was on Fox Business todiscussthe company's opportunity with data centers, space, and uranium enrichment.
Yu took the time to review theirrecent dealwith Supermicro. The combination of AI and nuclear is being seen onmultiple fronts across both industries. In the past few weeks we've also seen Terrestrial Energypartneringwith Riot, and Oklocollaboratingwith Nvidia.
Everyone understands the demand for power coming from the AI data center build out is insatiable. We'vecoveredprevious comments from Jensen Huang, the CEO of NVIDIA, remarking on howenergy is the real bottleneck. He was more recently quoted discussing the scale of the current energy gap with future demand…
🚨 JENSEN HUANG: “The amount of energy that we need for computing is probably 1,000x more than we currently have.”pic.twitter.com/3F2DJ48Ebq
The key requirement of the power, though, is stability above all else. Data centers require nearly 100% uptime, something thatcannot be promised by renewable energy sources like wind and solar. The power source of the highest capacity factor, a measure of how often they put out their nameplate power, is required to meet the demand of the ongoing energy revolution.
A massive expansion of nuclear generating capacity is the current goal, butwhat good is a fancy new car if there's no gas stations to fill it?
Yu's other business, LIS Technologies, is working to commercialize a novel laser enrichment method to provide the uranium necessary to fuel the incoming fleet of reactors. The laser technology promises to besignificantly cheaper to operate as well as less capital intensive to deploy.
The company is currently working to finance and construct their first majorcommercial facilityin Tennessee. The facility can provide millions of Separative Work Units, the unit of measure for enrichment capacity, that couldeventually displace America's need to import Russian uranium.
Source: ZeroHedge News
