In March of 2018, Ed Pheil spoke to International Nuclear Materials Management (Vienna Chapter) about Elysium Industries’ Molten Chloride Salt Fast Reactor (MCSFR).
In 2018, Elysium Industries USA (Clifton Park, NY) received $3.2 million to develop the computational fluid dynamics models needed to simulate and optimize the flows of chloride molten salt fuel in a reactor vessel and heat exchangers for their Molten Chloride Salt Fast Reactor design.
DOE Funding: $2,560,000; Non-DOE: $640,000; Total Value: $3,200,000
The Elysium MCSFR will be built utilizing existing code-qualified materials and relies on natural processes. Elysium is simplifying engineering systems saving cost with natural techniques for passive operation and safety.
Everything that Elysium is choosing is to only use what is qualified and working at the time.
The system can convert spent nuclear fuel at 100 times less cost than current reprocessing methods.
Brian Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.