What many of the biggest trends in emerging technology today have in common is that they require significantly more electricity and reliable means of receiving it efficiently.
This week, we speak with Simon Irish, CEO of nuclear plant developer Terrestrial Energy, and Shawn Matthews, CEO and Chairman of HCM II Acquisition Corp. (NASDAQ:HOND). The two announced a $1.3 billion combination in March.
Terrestrial Energy is developing designs for small modular nuclear reactors that produce heat for industrial clients along with power. Simon explains why he believes this approach is tailor-made for the demands of the times and how he sees the technology scaling.
Shawn discusses how the public markets have picked up enthusiasm for nuclear power lately and how this helped informed his evaluation of the opportunity with Terrestrial Energy.
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