Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, November 30, 2020

Denmark’s Seaborg Attracts Private Funding For Molten Salt Reactor Project :: The Independent Global Nuclear News Agency

Denmark’s Seaborg Attracts Private Funding For Molten Salt Reactor Project :: The Independent Global Nuclear News Agency: Seaborg Technologies, a Danish company behind a project to develop and commercialise a molten salt reactor (MSR) has announced it has secured funding of an “eight-digit” sum in euros from private investors.

Seaborg said in a statement that the money, which comes from a small group of private Danish and European investors, will be spent on 50 new hires and a state-of-the-art laboratory to increase the “technological lead in the field”, make progress to the next stage of regulatory approval, and maintain an “aggressive schedule” towards commercial operation.

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