Advertise on podcast: Nuclear Investing Podcast

What if nuclear waste wasn't actually waste — but one of the most valuable untapped resources in the nuclear industry?   In this episode of the Nuclear Investing Podcast, Brennan Moore sits down with Ed McGinnis, President & CEO of Curio, to talk through the business and investment case for recycling used nuclear fuel.   The conversation covers Curio's business model, including revenue streams from recycled uranium, waste-volume reduction, radioisotopes such as krypton-85 and strontium-90, and precious metals including rhodium, palladium, and ruthenium.   Ed also shares Curio's commercialization strategy, its modular approach to scaling its proprietary process, NuCycle, how the company thinks about raising capital, and why he sees parallels between Curio's development strategy and SpaceX.

The nuclear industry is moving fast — but where are the real opportunities for investors? In the August roundtable, Brennan Moore is joined by Andrew Meehan to cover the latest developments across nuclear energy. They break down new criticality milestones under DOE's Reactor Pilot Program and the Nuclear Energy Launch Pad, plus the U.S. Army's Project Janus microreactor selections with Antares, BWXT, General Atomics, Radiant, and Westinghouse. On the fuel side, they cover new supply agreements from X-Energy/Centrus and Standard Nuclear/Antares and Urenco's enrichment capacity expansion. They also discuss Commonwealth Fusion Systems' latest $1 billion raise, Oklo's interconnection dispute with PJM over a previously undisclosed Virginia project, and why AP1000 economics are keeping major utilities on the sidelines for new large-scale builds. Also check out the DOE fact sheet referenced in the show for all the major DOE and U.S. government initiatives helping advance nuclear energy: https://www.energy.gov/articles/fact-sheet-golden-era-american-nuclear-energy-has-arrived

Lola Infante, Senior Programme Lead for Economics and Finance at the World Nuclear Association, joins the show to walk through WNA's new Roadmap to Mainstream Finance. The roadmap lays out three phases — Strategic Capital, Catalytic Capital, and Mainstream Finance — for how nuclear moves from government-backed financing today to a fully priced, liquid asset class. Lola and Brennan cover the $6 trillion capital need through 2050 (an overnight cost figure that excludes financing costs during construction), why China builds at roughly 20% of the cost and about half the time of Western projects, and how cost of capital and construction timelines compound to make or break project economics. They also preview the World Nuclear Symposium, taking place September 9–11 in London, where the full Investment Guide will be released.

Host Brennan Moore is joined by returning guests Mark Hinaman and Andrew Meehan for a roundtable on capital markets for nuclear investing. The conversation covers how the recent IPO class has traded since pricing, why private rounds have held up considerably better, the Westinghouse and Holtec filings, DOE's third round of HALEU allocations, the five finalist states for the Nuclear Lifecycle Innovation Campuses, and the summer's run of reactors reaching criticality — including Oklo's isotope reactor, which the group learns went critical during the recording.

A dynamic conversation unfolds between guest host Andrew Meehan and guest Ray Rothrock, a former nuclear engineer turned venture capitalist, as they reflect on the pivotal developments in nuclear and energy markets during the first half of 2026. They explore the surge of capital entering the sector, the rise of numerous reactor startups, and the evolving landscape of nuclear’s role alongside other energy technologies. Ray offers insightful perspectives on investment strategies, operational challenges, and the future regulatory environment shaping nuclear innovation.

In this follow-up episode of the Nuclear Investing Podcast, host Brennan Moore catches up with Bobby Gallagher, co-founder and CEO of Deployable Energy, after the company reached criticality on June 30th — becoming one of only four companies to meet the July 4th deadline set by the executive orders. Bobby walks through what it took to get there, the challenges along the way, and Deployable's next steps as they expand into data centers, maritime, and critical infrastructure. For the full backstory on Deployable's 94-day delivery to Idaho National Lab and the lead-up to this milestone, check out Episode 18.

In this episode of the Nuclear Investing Podcast, host Brennan Moore interviews Bobby Gallagher, co-founder and CEO of Deployable Energy, about their innovative 1 MW, air-cooled mass-manufactured micro-reactor. Gallagher details how the company delivered a test reactor to Idaho National Lab in just 94 days through a strategic partnership with INL, and was recently selected for the Nuclear Energy Launch Pad program. Focusing on a product-over-project approach based in Houston, Deployable aims to build one thousand units annually. The interview covers high-impact applications in maritime transport, remote island grids like Fiji, and industrial sectors, alongside the streamlined six-month NRC Part 57 licensing pathway.

Host Brennan Moore interviews Sam Reiss of the National Reactor Innovation Center at Idaho National Lab regarding "the DOME" testing facility. Reiss outlines how NRIC's full cost-recovery model structurally de-risks advanced nuclear microreactors operationally, financially, and chronologically for commercial developers. Highlighting Radiant as the flagship facility's first upcoming developer, the discussion details the rigorous, bounded 20-megawatt safety criteria and supporting infrastructure ecosystem. Finally, a tour of an analog control room contrasts early passive safety stress-testing with modern, error-reducing digital interfaces.

Host Brennan Moore sits down with Dan Wachs, National Technical Director for the Advanced Fuels Campaign at Idaho National Lab, to explore the changing landscape of nuclear energy. Wachs details the industry's evolution from the "dark ages" of the 1990s to today's commercial renaissance driven by high-quality power demands. The conversation highlights critical supply chain bottlenecks in uranium conversion and enrichment, the development of robust TRISO and metallic fuels, and the game-changing economic potential of fuel reprocessing. Ultimately, Wachs underscores that scaling advanced reactors requires stabilizing domestic fuel cycles to secure long-term energy independence.

Josh Gillespie, COO of the National Reactor Innovation Center (NRIC), discusses the pivotal role of Idaho National Laboratory (INL) in launching the next era of commercial nuclear energy. Transitioning from a 20-year career in Navy nuclear propulsion, Gillespie explains how NRIC bridges the gap between government resources and private startups through programs like Launchpad. By repurposing historic infrastructure like the EBR-II dome as a modern testbed, the lab provides the essential land, data, and safety expertise required to accelerate advanced reactor commercialization and secure domestic energy independence.

What if the key to scaling nuclear isn't a new reactor design — it's rethinking how you build them? Jake Jurewicz, co-founder and CEO of Blue Energy, joins Brennan Moore and Andrew Meehan to break down how prefabricating nuclear plants in shipyards — borrowing from the LNG and offshore oil and gas playbook — could cut construction timelines in half, eliminate the traveling circus problem, and finally make new nuclear projects financeable with private capital.

Nuclear's future hinges on solving hidden bottlenecks like uranium conversion — a critical but often overlooked step in the fuel cycle. Nick Smith, founder of Raven-Flint and former Director at Idaho National Lab, brings deep nuclear engineering expertise to modernizing this step and helping advanced reactors scale faster and more safely. In this episode, he digs into the complexities of advancing nuclear technology, the chemistry behind efficient conversion, and how Raven-Flint is working to resolve a supply chain vulnerability with implications for both national security and the future of nuclear energy.

Join host Brennan Moore, Andrew Meehan, and Canon Bryan as they unpack X-Energy's upcoming IPO, TerraPower's NRC construction permit, the new regulatory Path 53 that could expand nuclear approval in the near future, and much more. This month's roundtable has the latest news in the world of nuclear energy, including news from CERAWeek, their thoughts on cost-effective energy, and how the war in Iran proves the resilience of nuclear energy infrastructure.

Benton Arnett, Senior Director of Markets and Policy at the Nuclear Energy Institute (NEI), joins Brennan Moore to break down how new nuclear projects are actually getting financed today.   We cover key takeaways from NEI’s Nuclear Financing Summit, why traditional nuclear players still have an edge in market perception, and how the DevCo model is emerging as a practical path to getting projects built.   Benton also explains the different “currencies” in nuclear financing today, from government support to corporate PPAs, and why big tech wants exposure to nuclear without owning the assets outright.   If you’re trying to understand what’s real vs. theoretical in nuclear deployment, this is a useful primer.

What happens when the hype around SMRs meets the harsh realities of public markets? Join Andrew Meehan and Mark Hinaman as we unpack why many SMR stocks have struggled recently despite soaring interest and explore where true investment opportunities lie between private innovation and uranium’s rising momentum. This month's roundtable has the latest news in the world of nuclear energy, including a look at prediction markets on which company achieves criticality first, whether it's better to be a public or private company in the industry right now, a conversation on uranium markets, and much more.