Valar Atomics

“We literally picked this up, put it on an airplane and fluid here. So the entirety of the plant, including a controller and fluid with us”

“And we will get it down to minutes. This company will get, we'll get to the point where we have a new reactor turning on every few minutes.”

“The problem of nuclear today is like the Toyota Camry problem, right? Like we don't want to make Lamborghinis. We want to make a very simple, very cheap, very safe reactor that we can make literally tens of thousands of. And actually that is going to make the …”

“The alternative way that you can reduce risk is actually just reducing consequence, right? And we would argue that that's a much better way to reduce risk. Odds are stochastic, right? Even if you do an enormous amount of risk reduction on odds and you do all t…”

“And the question flips around, which is, if I have, you know, a gigawatt of power with land and fiber, is someone going to put a data center there? It's like, yes, absolutely, right?”

“We have nuclear reactors that are more manufactured than constructed and they're extremely safe. And we think the combination of these two things is going to allow us to scale nuclear fission and make energy 10 times cheaper for humanity.”

“So our first ever mark from filing in Delaware to first atom split was two years and four months. From Project Nova, first atom split to the second time here in this reactor was about seven months.”

“We want to make thousands of reactors, tens of thousands, hundreds of thousands.”

“So the reactor that's behind us here was turned on under an executive order. It was EO one four three oh one, which called for three advanced reactors to go critical on American soil by July fourth. And we built it under department of energy authority under th…”

“Our safety basis when we go to the regulator is everything in the plant has failed. Absolutely everything, right? ... In fact, it is safe. Right? So we have regulatory limits where we say, okay, in an accident scenario, you can't dose the public with radiation…”

“And we were quoted about five million dollars and we were told it would take about two and a half years to build. And so we said, well, all right, maybe I'd be willing to pay five million dollars, but I'm certainly not going to wait two and a half years. And s…”

“We're currently, as we're sitting here, making a hundred kilowatts splitting something like 10 to the 17 atoms per second in this reactor behind us.”

“We went from three months Which is what it would normally take to build a bioshield like this to, we stack this in about 42 hours.”

“This is the fifth new nuclear device to make power in the United States since the year 2000. Fowler is the only private company founded since the discovery of nuclear fission that has ever made nuclear power.”

“In fact, I would say even 2035, a lot of these companies are still not going to get there because they have the wrong mindset. They're not focused on hardware iteration, hardware execution, building the simplest and safest reactor that allows them to scale.”

“A triso-fueled, graphite-moderated, helium-cooled reactor of the geometry that we've built it here is just about as safe as humanity knows how to build a nuclear reactor.”

“We are willing to go build reactors on equity balance sheet because that's going to allow us to prove it years ahead of anybody else, right? Where, where our competitors are still trying to convince, you know fundamentally risk averse you know, financers to fi…”

“We powered the first ever AI chip powered by a nuclear reactor. So we took an NVIDIA Blackwell super grateful to them for providing the system to us. And we connected it directly to our nuclear reactor.”

“What was missing is that people did not realize that you're going to have to pursue that model through hardware iteration. And that's where really where Valor is unique is that Yes, we believe in SMRs. We believe in reactors that are manufactured. But we also …”

“We have a of what we call the Citadel factory in Salt Lake City. And we have a production line where we could create 3000 blocks a year that are identical to these.”

“Immediately after we scram, we're actually going to turn off the entire electrical supply to the plant. We're going to turn off the circulator. We're going to turn off the RCCS pump. Every safety system in this plant, we're going to shut off, and we're going t…”