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Former SpaceX engineer seeks to help end US dearth of special uranium fuel

Channel News Asia LogoChannel News Asia6d ago

Former SpaceX engineer seeks to help end US dearth of special uranium fuel - Channel News Asia

Quick Summary:

WASHINGTON : Former SpaceX engineer Scott Nolan, CEO of startup General Matter, is on a mission to help end Russia's monopoly on a type of more-enriched nuclear fuel by producing it at commercial scale in the United States and slashing its costs.

A General Matters spokesperson said Nolan has not been in contact with Musk since "well before" the idea of the company was conceived in 2023.

Nolan is also a partner in Founders Fund, a venture capital fund that was the first institutional investor in SpaceX and that Peter Thiel, a prominent supporter of President-elect Donald Trump, helped launch.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 20:03:35 (6 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 713 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24274829

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 5 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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