Gurley says SMR startups face $60 million in NRC fees just to get approval before building anything.
“Is fee based and all the people that are playing in this market I've talked to say you're probably 60,000,000 to first approval, just on fees the startups gonna pay to the NRC”
Gurley says AI models confirm no one has attempted to commercialize Navy nuclear reactor technology for civilian use.
“I ask all the AIs, has anyone tried to commercialize the learnings of the Navy? And they said, no, everywhere I ask”