Bill Gates to develop a revolutionary nuclear reactor with Korea
Microsoft founder Bill Gates has pledged to develop with Korea a revolutionary nuclear reactor that will leave far less radioactive waste than existing ones. Gates invested US$35 million in a nuclear-power venture company TerraPower in 2010. TerraPower is led by John Gilleland. It was formed from an effort initiated in 2007 by Nathan Myhrvold’s company, Intellectual Ventures .The Company includes expert staff and individual consultants who have worked for some of the most prestigious nuclear laboratories and engineering companies in the world.
Gates met with the head of the Korean Nuclear Society, Chang Soon-heung, in Seattle on Thursday and agreed to cooperate in the development of a sodium-cooled fast reactor, the KNS said Sunday. SFRs are next-generation nuclear technology that can use spent nuclear fuel rods from conventional reactors.