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Transatomic Power Receives Seed Funding From Founders Fund Science

pmaccabe writes "The company aiming to make a Waste Annihilating Molten Salt Reactor(WAMSR) is now getting $2 million from the venture capital firm Founders Fund. From the article: "The Founders Fund is the firm behind some of the more successful Internet startups out there including Facebook, Yammer and Spotify, but also some science-focused companies such as Climate Corporation, Space-X and satellite startup Planet Labs. The fund, which was created by PayPal co-founder Peter Thiel and his partners, promotes this manifesto: 'we wanted flying cars, instead we got 140 characters.'”

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  1. Re:But... but nucular is bad! by Chas · · Score: 5, Insightful

    The thing is, the realities of Chernobyl and Fukushima are the realities of ancient, outdated equipment, bad design and unsound engineering. Oh, and human stupidity in playing with dangerous things.

    The fact is, we can build reactors that don't blow up NOW.

    But people are so conditioned to nuclear = BOMB! that a bunch of know-nothing, luddite politicians and cronies are never going to let it happen.

    All because stupid people are scared and conditioned to outbreed smart people.

    --


    Chas - The one, the only.
    THANK GOD!!!
  2. Re:Getting permission... by ShanghaiBill · · Score: 4, Insightful

    Getting the technology is relatively simple. Getting government permission to build it might be a bit harder...

    Getting permission for an unconventional commercial reactor is hard. Permission to build a small research reactor is much easier.

  3. Re:But... but nucular is bad! by Chas · · Score: 4, Insightful

    Actually, had the seawall been built to proper specs, there's every possibility that the onsite generators would NOT have been swamped and Fukushima could have shut down in a controlled manner.

    --


    Chas - The one, the only.
    THANK GOD!!!
  4. Re:But... but nucular is bad! by Chas · · Score: 5, Insightful

    40 years ago there were people just like you saying how perfectly safe nuclear power is.

    No, 40 years ago, people (but not like me) were saying how perfectly safe it is.

    Because they were relying on complex rube-goldberg devices that were supposed to anticipate any and every problem that could come up in a solid fuel reactor and deal with it.
    We all know how well that works when you throw something it was NOT designed to handle at it.

    The reason MSRs are a better technology is that they're actually relying on very SIMPLE engineering principles to generate safety. You remove the fuel from the reactor chamber, via simple gravity feed. The reaction shuts down. Done. Sure, you have to clean up your dump and fill tanks after an event. but you are never in a situation where loss of power leads to a runaway reactor and high pressure steam blowing things up.

    I'm not saying nuclear is "safe". There's no such THING as "safe". But coal isn't safe. Oil isn't safe. Natural gas isn't safe. Wind isn't safe. Wave isn't safe. Solar isn't safe. Hydro isn't safe. All of them come with their own risks and tradeoffs.

    The reason we have the shitty nuclear infrastructure we have now is some jackass politicoes (not scientists and engineers) essentially PICKED a winner 50-ish years ago because they had a budding industry, and wanted to protect it.

    It is entirely reasonable for normal people to believe in the principle of "fool me once, shame on you, fool me twice, shame on me."

    If that's all that was happening, that'd be fine.

    Self-righteous technocratic arrogance is a pretty strong predictor for failure.

    Only to people who don't know what they're talking about. The whole notion that someone's too smart and therefore arrogant and therefore bound for a fall. It's a very popular luddite meme. But that's all it is. A meme.

    If you want to undo the damage done by your idealogical fore-bearers then the last thing you should be doing is calling people stupid because, in the entire history of mankind, that has never even once been a successful argument.

    Sorry, but political correctness isn't going to help this situation. All it does is hand idiots a bunch of tools to use to shut down useful discussion because, somehow, they twist it around into offense.

    I'm not saying you have to LIKE what I'm saying. Nor do you have to AGREE with what I'm saying.

    But, if you ACTUALLY think the way forward is with wind, wave, hydro and solar backed by minimal/no non-renewables like coal/oil/NG, as opposed to nuclear, backed by solar, wind, wave and hydro? You're an idiot with no grasp of the actual power requirements for this country going into the next several centuries. An idiot who is hell-bent creating an artificial (and totally unnecessary) scarcity of the most costly possible power.

    In the face of something like that, I refuse to "make nice".

    --


    Chas - The one, the only.
    THANK GOD!!!