We had a massive response to Moltex’s webinar earlier this week, with a record number of investors logging into the company’s live pitch.
It seems nuclear energy has sparked a lot of interest within our investor community, with the opportunity ticking ever closer to its funding target of £4m.
The webinar was extremely informative, with the Founders of the company putting forward nuclear energy’s case for a cleaner, decarbonised future.
Moltex believes its patented technology holds the keys to making nuclear energy safe, cost-effective and viable; to take away our need for fossil fuels.
Their Stable Salt Reactor (SSR) is fundamentally the first new nuclear technology in half a century, allowing nuclear energy plants to be built for half the cost of a coal-fired equivalent, preventing potential meltdowns and converting today’s stockpile of existing spent-nuclear fuel into fuel for future nuclear energy.
The technology is safe, cost-effective and solves the key problems that up until this point, have prevented nuclear energy from realising its true potential.
Notably, aside from significant grant funding, the company has just received a £2.5m investment from Nuclear Energy Consultancy firm, IDOM, at the same valuation as this current round.
If you missed the webinar, it’s well worth listening into, if not to learn more about this fascinating technology. You can listen to the presentation by clicking here.