2026
General Matter was down-selected under the Biden administration and awarded $900 million under the Trump administration for building capacity.
“We were down selected under the Biden administration, awarded under the Trump administration earlier this year for a $900 million award for capacity building”
Scott Nolan · The company building America’s uranium supply from scratch, 0:34:32
2026
General Matter submitted its license application to the Nuclear Regulatory Commission shortly before the interview.
“We just submitted our NRC license last week.”
Scott Nolan · The company building America’s uranium supply from scratch, 0:25:44
Undated
General Matter, associated with Scott Nolan of Founders Fund, is entering uranium enrichment.
“General Matter, which is Scott Nolan's company out of Founders Fund. So he's getting into the enrichment space.”
Julia DeWahl · Julia DeWahl of Antares on building nuclear reactors for the US military, 0:25:54
Undated
General Matter is building its enrichment facility in Paducah, Kentucky.
“The facility that we're building is in Paducah, Kentucky, so Western Kentucky.”
Scott Nolan · The company building America’s uranium supply from scratch, 0:25:44
Undated
General Matter's site search took over a year and covered more than 10 states and over 1,000 plots of land before choosing Paducah.
“We went to over 10 states, looked at over 1 ,000 plots of land.”
Scott Nolan · The company building America’s uranium supply from scratch, 0:38:29
Undated
General Matter uses an in-house engineering, procurement and construction team, copying a Tesla approach, rather than outsourcing construction.
“we copied the Tesla playbook of build your own in-house construction EPC team.”
Scott Nolan · The company building America’s uranium supply from scratch, 0:55:42
Undated
Nolan says the incumbent enrichers are Russia, China and two European firms using the same underlying technology, with no clean-sheet redesign in decades.
“the last time anyone's done a clean sheet redesign was decades ago.”
Scott Nolan · The company building America’s uranium supply from scratch, 0:44:55
Undated
General Matter has not yet disclosed which enrichment technique it will use and plans to reveal it in the first half of the following year.
“our technique is one that we'll unveil first half of next year when we'll talk about it.”
Scott Nolan · The company building America’s uranium supply from scratch, 0:37:49