Startup Thorizon has emerged from stealth, announcing the development of a new generation of nuclear power plants. The spinoff from NRG, which operates the nuclear research reactor in Petten, last summer raised 12.5 million euros to develop a thorium-powered molten-salt reactor. The funding will be used to realize a prototype. The company aims to have a pilot system operational by 2035.
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Thorizon will collaborate with several companies, including a French partner specializing in recycling nuclear materials and, potentially, the operator of the Dutch nuclear power plant in Borssele. Research institutions TU Delft and DIFFER will provide support. Current investors include VC fund Positron Ventures, public investment bank Invest-NL and several provincial funds.
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