General Matter @generalmatter

Enrichment is coming home, and now even sooner. @ENERGY has selected General Matter for the Nuclear Energy Launch Pad, a program that expands DOE authorization to the fuel supply chain and other nuclear technologies. inl.gov/news-release/n…

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We applaud the @WhiteHouse Ratepayer Protection Pledge and the tech companies who committed to covering their power needs and investing in the US grid. These commitments will advance domestic energy abundance while benefitting households. The Pledge aligns with General Matter's BYOE vision: nuclear-enabled, 110% capacity expansion for affordability and energy security. x.com/generalmatter/…

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NEW IN PIRATE WIRES: America is relearning something it forgot — you can’t make power without fuel. This week, the U.S. Department of Energy announced a $2.7b investment in American uranium enrichment, a capability we effectively abandoned in the 90s. Obama shut down America’s last remaining enrichment facility in 2013. Three companies won $900m each. Two are legacy players. One is a startup: General Matter. Founder @ScottNolan tells us General Matter’s facility in Kentucky, on the site of the exact same facility Obama shut down, will use the $900m to meet all domestic demand for high-assay low-enriched uranium (used by advanced nuclear reactors) years ahead of schedule. Today, ~70% of our nuclear fuel currently comes from foreign countries, and Russia is one of our biggest suppliers. This is obviously a risk to our grid, and to our national security. American reactors need American fuel. For the first time in decades, they’re about to get it. Full story from @HarrisSockel 👇

Full clip: foxbusiness.com/video/63874271…

Our mission is simple: rebuild uranium enrichment at industrial scale to power America's ambitions. This award accelerates our roadmap to satisfy all domestic HALEU demand years ahead of schedule. More on @FoxNews @MariaBartiromo:

General Matter @generalmatter

5 months ago

Last year, General Matter launched to restore U.S. leadership in nuclear enrichment and power America’s ambitions. Today, the Department of Energy awarded us a $900M contract to build and operate HALEU enrichment capacity for the nation’s nuclear energy needs. Under this

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Last year, General Matter launched to restore U.S. leadership in nuclear enrichment and power America’s ambitions. Today, the Department of Energy awarded us a $900M contract to build and operate HALEU enrichment capacity for the nation’s nuclear energy needs. Under this decade-long, milestone-based contract, General Matter will build domestic HALEU enrichment capacity, fueling the next generation of American nuclear power and enabling American leadership in AI, manufacturing, and other critical industries. Earlier this year, we announced a partnership with the Department of Energy to reindustrialize the former Paducah Gaseous Diffusion Plant. This award accelerates that plan and will make Paducah, Kentucky the cornerstone of the U.S. enrichment once again. Rebuilding U.S. domestic enrichment capacity will reduce our reliance on foreign providers, strengthen our nuclear industrial base, and lower energy costs for utilities and consumers. American reactors need American uranium. In partnership with the Department of Energy, we will deliver it.

U.S. Department of Energy @ENERGY

5 months ago

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Who Are America's Patriot Investors? @ScottNolan, Founder & CEO of @generalmatter and Partner at @foundersfund weighs in: "we do need to bring a lot of this back, and it shouldn’t come purely as a cost." Watch with host @NGirishankar here: tinyurl.com/3886wrsz

The U.S. nuclear industry died because our government didn’t innovate fast enough. One start-up wants to fix that, @seantfischer reports. thefp.com/p/americas-nuc…

Nuclear fuel is the bottleneck for American ambitions. Today, U.S. companies perform less than 1% of global enrichment. Reliance on foreign interests ends with our facility in Paducah. More on @FoxNews @MariaBartiromo:

General Matter @generalmatter

10 months ago

General Matter is bringing uranium enrichment back to the United States, starting at the site where the U.S. enrichment industry was born. We’ve signed a lease with the Department of Energy to establish the nation’s first U.S.-owned, privately developed uranium enrichment

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in 2013, america closed its last uranium enrichment plant, and lost the capacity to produce its own nuclear fuel. today, general matter signed a lease with the DOE to enrich in paducah, kentucky, bringing the very site we closed back to life.

General Matter is bringing uranium enrichment back to the United States, starting at the site where the U.S. enrichment industry was born. We’ve signed a lease with the Department of Energy to establish the nation’s first U.S.-owned, privately developed uranium enrichment facility at the former Paducah Gaseous Diffusion Plant. Seventy-five years ago, the U.S. Atomic Energy Commission selected Paducah to help lead the nation’s original enrichment efforts. Today, we are proud to return to and rebuild this historic site to power a new era of American energy independence. This is a multi-decade, one hundred-acre lease with the Department of Energy. On these one hundred acres, we will produce the fuel needed for the next generation of nuclear energy, central to America’s aspirations in AI, manufacturing, and other critical industries. We will end reliance on foreign adversaries for the nuclear fuel powering 20% of our grid. We will enrich uranium by the end of the decade. U.S. leadership in enrichment will allow us to lead once again in nuclear energy. This lets us lead in everything downstream of safe, clean baseload power: AI, manufacturing, the economy. Today marks the beginning of America’s restored leadership in nuclear enrichment. We thank our partners in Kentucky and at the Department of Energy for supporting us in this landmark investment in American nuclear infrastructure. We are just getting started, and exceptional talent is needed. Join us.

To quadruple our nuclear production capacity by 2050, America needs to 1.⁠ ⁠RE-REGULATE (regulate better) 2.⁠ ⁠⁠STIMULATE (encourage growth) 3.⁠ ⁠⁠REPATRIATE (reduce foreign reliance) General Matter CEO @ScottNolan on the four recent Executive Orders at @reindsummit:

The Vigilance Elite Production of SRS EP. 211 with Scott Nolan is live on the Shawn Ryan Show YouTube channel! youtu.be/wP2zcESIpOo?si…

“Google is turning to nuclear energy to keep up with the demands of artificial intelligence. I've been talking to a lot of tech innovators, and they're all talking about how much energy we need in the race to AI… If you just project out high demand, it's going to be equal to our grid by 2030.” @ScottNolan

General Matter CEO @ScottNolan: "Just like car engines need fuel, nuclear reactors need fuel. Right now, the U.S. is completely dependent on other countries to make the key step of enrichment...and these Executive Orders are going to pave the way for the U.S. to regain its lead."

@antoniogm 🤝