Join Matt Loszak, CEO of Aalo Atomics, a nuclear energy company that's shaking up the industry, and Jon Guidroz, their VP of Commercial and Strategy. They dive into the surge of interest in nuclear energy, especially for tech applications like AI data centers, and discuss Aalo's ambitious goal of delivering power under 3 cents per kWh. Matt shares their unique Extra-Modular Reactor design and the rapid growth from a tiny team to 45 employees. Get ready for insights on revolutionizing energy with innovative, factory-built nuclear plants!
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insights INSIGHT
Factory-Built Modular Nuclear Plants
Aalo Atomics focuses on factory-built modular nuclear plants for rapid deployment and cost efficiency.
Their design integrates full plants with an emphasis on customer needs, especially for AI data centers.
insights INSIGHT
Cost and Modularity Focus
Aalo aims to deliver nuclear power at under 3 cents per kWh, focusing on cost and speed.
Their Extra Modular Reactor (XMR) uses multiple smaller reactors per turbine for high availability, targeting AI data center needs.
insights INSIGHT
Unprecedented Support and Talent
The current environment offers unprecedented public, government, investor, and customer support for nuclear innovation.
This lets Aalo attract top talent from industries like SpaceX, Tesla, and oil and gas to accelerate progress.
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We are excited to share this Special Edition COBT featuring Matt Loszak, CEO, and Jon Guidroz, Senior Vice President of Commercial and Strategy, from Aalo Atomics. Founded in 2022, Aalo is a pioneering nuclear energy company working to revolutionize the industry by manufacturing entire nuclear plants using prefabricated, factory-built components. Matt comes from a background in software startups, and his interest in nuclear began during his childhood in Toronto. Jon joined the company in September and is a seasoned leader in technology and sustainability, having previously held senior roles at Microsoft, Amazon Web Services, and Google Cloud. Last Monday, we had the opportunity to attend Aalo’s Factory Unveiling in Austin and see the technology up close. Mike Bradley, Brett Rampal and I were thrilled to host Matt and Jon.
In our conversation, we explore the renewed interest in nuclear energy, driven by the growing need for reliable low impact low cost power. We discuss Aalo’s impressive growth (expanding from a small team of 5-10 to 45 people in under a year with plans to scale to 85-90 employees in the next 12 months), the company’s Factory Unveiling event showcasing their Aalo Pod, designed to power AI data centers, and their ambitious goal to deliver power at under 3 cents per kWh. Matt shares insights into Aalo’s focus to cross the “first-of-a-kind” barrier to “nth-of-a-kind” and what makes their “XMR” (Extra-Modular Reactor) design unique. We touch on the company’s culture, focused on urgency and achieving lofty goals, their success in drawing talent from organizations like SpaceX, Tesla, and the oil and gas industry, and the company’s plans to begin construction of a reactor at Idaho National Labs in 12 months. We cover the advantages and challenges of their sodium reactor design, the company’s successful Series A fundraise and goals for Series B, and collaboration opportunities with oil and gas. It was a fantastic discussion and we appreciate Matt and Jon for taking the time from their busy schedule to visit.
We look forward to following Aalo’s progress and hope you enjoy the discussion as much as we did. Our best to you all!
C.O.B. Tuesday