For decades, the U.S. has had a plutonium problem. Around 100 tons of the stuff was made during the Cold War to go into powerful atomic bombs. But as nuclear stockpiles were dismantled, the government had to store the radioactive material in high-security facilities.
Now, it wants startups to help get rid of some of it.
The Department of Energy said Tuesday it has selected five nuclear startups to enter into negotiations with the government to receive a portion of the plutonium, which could potentially be used to power a new generation of nuclear reactors. The Department of Energy previously identified 34 tons of plutonium for disposal.
The five startups include Oklo, Standard Nuclear, Shine Technologies, Flibe Energy, and Exodys Energy.
Energy Secretary Chris Wright was previously on Oklo’s board, but he resigned when he joined the administration and said he has divested his shares. Sam Altman was Oklo’s board chair following its merger with his acquisition company, AltC; Altman resigned the position last year.
