ashok321
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Copenhagen-based Seaborg Technologies, which is developing thorium-based Molten Salt Reactors (MSRs), has received pre-seed investment round. from an investment coalition led by Danish innovation incubator PreSeed Ventures.
The company hopes the funding will accelerate development of its CUBE (Compact Used fuel BurnEr) reactor concept.
Seaborg Technologies has received early funding for its thorium molten salt reactor. The CUBE (Compact Used fuel BurnEr) reactor concept has features including:
– unparalleled non-proliferation profile,
– excellent waste-burning abilities using thorium as catalyst,
– ultra-compact form factor, five times smaller than competing MSRs,
– and a fully modularized core optimized for mass production.
The CUBE reactor has a long list of additional benefits including
* exceptional high thermal efficiency
* a wide range of fuel options
* excellent load power following capabilities (compatibility with variable renewables)
* a host of process heat applications.
Their unique use of thorium not only enables waste burning in a thermal spectrum reactor, but also greatly improves the sustainability of nuclear power. The waste salt remaining at the end of the reactor lifetime can be used to fuel new reactors operating directly on a closed thorium fuel cycle – and thus supply carbon-free energy to a rapidly developing global population for centuries to come! The CUBE reactor therefore truly makes nuclear sustainable.
