Categories
Finance Startups

Day 1996 and Criticality at Valar Atomics

I am going to be scattered and long winded so please excuse my exhaustion and joy, as I have used up all of my focus in the excitement of a truly incredible moment that represents years of work.

I watched “our” reactor go critical on a livestream with the Valar team. Yesterday midafternoon on mountain standard time (around 1:45am for me on GMT+3) in the beautiful desert of Orangeville Utah, Valar Atomics took its Ward 250 critical for the first time.

Mission Control at Valar Atomics

Moments ago, Valar Atomics took Ward 250 critical for the first time. This fulfills President Trump’s EO 14301, which called for 3 advanced reactors to go critical by July 4th.

This is our second criticality as a company, and an important step toward our goal of power by July 4.

This is a historic moment and the culmination of two years of work on the part of the Valar Atomics team. This is the most hardcore, intelligent, and driven people I’ve ever had the privilege of working with; which will be seen as we begin power ascension in the coming days.

Our mission at Valar Atomics is to make abundant energy for all mankind. The best way to make energy 10x cheaper today is to mass-scale nuclear fission. We began our mission by creating WardZero, our fully functional thermal prototype. Next, we took the NOVA core critical.

Today, we took the next step: criticality in the Ward 250 test reactor. Ward 250 is a TRISO-fueled High Temperature Gas Reactor (HTGR) designed for simplicity and scale, and is the first nuclear reactor ever air-lifted by a C-17.

We’ve been honored to be become part of the community in Orangeville, Utah, the home of Ward 250. Many thanks to all of our government partners who made this possible: hundreds of individuals across the Trump administration, the DOE, the DoW, and the government of Utah.

The list of individuals who have spent their time and energy and talents to accomplish this feat is too long to list in one post, but I am incredibly grateful to all of them.

Isaiah Taylor of Valar Atomics

I am one of those individuals who spent their time, energy, talents and capital to accomplish this incredible feat. Investing in Valar may well be the greatest accomplishment of my life.

You see I am Valar’s very first investor. Yes I mean I wrote the very first angel investment check from my small venture fund.

I know it’s a little crazy that a weirdo like me should be investing in small modular nuclear reactors built by brilliant young Zoomers and equally brilliant old timer experienced nuclear engineers, but weird is how I invest with chaotic.capital.

Crazy but possible makes complete sense to me. So I said he’s. And we chewed glass for a few years working towards the possible, while everyone told us it couldn’t be done.

Through the magic of Twitter DMs, I met Isaiah before he had even started Valar. He was working on another startup I didn’t love but I knew immediately that I loved him as a founder.

I was so impressed with his intelligence and his capacity to learn quickly. He had that ineffable “it” quality that all founders possess in some measure. He took feedback well but had a firm backbone. He listened to one piece of advice I gave him and based on that decision alone, I told him I’d back anything he did in the future and I meant it. I’ll admit I didn’t expect it to be “I’m building a nuclear reactor” but I am true to my word.

Fast forward several years and here we are. Just a few weeks ago I was racing through the desert to see the reactor our first check helped build the day before it was encased in shielding in preparation for criticality. It will be a memory I will treasure forever.

A few months ago this hanger didn’t exist

We’ve been there for every step of this amazing journey. It was an objectively insane thing to invest in. Yet the more time I spent with Isaiah the more convinced I was that he was a generational talent. The best part of being first is the opportunity to spend lots of time with a founder before anyone else learns of their genius. I learn as much from them as they do from me. And Isaiah is a quick study.

I wrote the check and went about the long grueling process of convincing others they should invest alongside me. It wasn’t easy. We got told no a lot. Failure lurked around every corner. People ranged from outright hostility to tempered skepticism. There were moments when defeat felt very close.

There were hard times. A lot of glass chewing. I never wavered in my belief that Isaiah would get it done. Alex and I were blessed with the opportunity to invest more and gladly wired in additional capital when others couldn’t see as far as we did. This may well be a career defining investment for me. I intend to keep putting in whatever Isaiah will allow us to invest.

Now three years into this journey, it’s clear to everyone that Isaiah is the talent I always knew him to be. I may have been first but I won’t be the last. This is the kind of company investors dream of finding early and Isaiah is a leader I am proud to follow. Valar is racing towards the kind of future I want to build for the next generation. Abundant cheap fuel can power a better cleaner world for all of us.

And to everyone who said it couldn’t be done, or that it was too early or too risky to invest in something as crazy as nuclear, please let me invite you to join us now. There is much more to be done. We will need all the talent and capital we can get to win this bright future for America and for humanity.

Categories
Politics

Day 1477 And I May Be Right, I May Be Wrong

We are just a few days away from the inauguration of President Donald J Trump for his second term. Celebrity Boss, Interrupted if you will. I’m astonished to find myself optimistic about the possibilities of the next four years. 

I feel like a fool in many ways. I’ve not done a long “what I got wrong” post about the last decade or so, but it seems clear to me that I was naive about too much. My belief in our institutions ran into too many conflicting realities  

I have been a libertarian most of my life. I tended to view myself as a small conservative libertarian but that meant in practice supporting left leaning politicians as they restricted policies that would have given the government power over my body and my rights.

I feared erosion of church and state as I am a Calvinist myself. America is filled with religious refuges fleeing both church and state. 

Like many of the small-l libertarians, I am fearful of all forms of populism overtaking the state. Carefully constraining the Leviathan of the state is required. We citizens have granted it a most singular power: the monopoly on violence. Similarly we know the tyranny of a majority. The less we enable Leviathan the safer we will be.

Yet I was slow to notice that the neoconservatives and theocrats searching to spend and extend the state were not the only evils lurking in the swamp.

The good intentions of liberal and progressive ambition sent the rhetoric of life, liberty and the pursuit of happiness into a litany of rights “to” things. I mistook equity for equality in the rhetorical advocacy of progress.

In my own eagerness to welcome more people to the social mobility offered by free enterprise and the American dream, I missed my own freedoms being twisted into facsimiles of justice.

People secured rules and regulations to ensure their own desires and interests were paid for by someone else, while always being sure the rules benefit them. I enjoyed the comfort of many in-group benefits without realizing where it would head.

Regular people and their businesses were strangled by the growing morass of the regulatory burden everywhere. “I can’t breathe” applies everywhere the bureaucratic boot presses down on necks both literal and metaphorical. Americans cannot breathe under anarcho-tyranny.

Palate Cleanse

Ever wonder about the different layers of the ocean’s ecology? Biologist Bethany Kolody found a passion for oceanography circulation and wondered what the genetics of the different microbial biomes might reveal differences in the vast depths. What kind of genomes might we find at different depths?

You can read the preprint if you are interested but the Twitter thread linked above is worth a read for lay readers like myself. She even made a cool Microbial Ocean Atlas for Niche Analysis. It’s fascinating how little we know of our own oceans