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Thursday, October 18, 2018

Danish Thorium Molten Salt Reactor receives pre-seed funding - NextBigFuture.com

Danish Thorium Molten Salt Reactor receives pre-seed funding - NextBigFuture.com: 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

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