Mentioned:
Palantir is coming after a new opportunity: software for building nuclear reactors. But, why?
What’s happening:
- Palantir (NASDAQ: PLTR) and The Nuclear Company have formed a partnership to develop a new software platform known as the Nuclear Operating System
The big idea:
- The Nuclear Operating System is aiming to develop the first ever real time software platform that is purpose built to help nuclear power companies navigate construction of new facilities and transform the way nuclear reactors are built
- Palantir will leverage their proprietary Foundry software platform to co-develop the Nuclear Operating System with The Nuclear Company
- The Nuclear Operating system is aiming to leverage digital twin technology to be able to use artificial intelligence to deal with cost overruns, predict potential problems on the construction site and optimize all aspects of the supply chain for nuclear reactors
Why it matters:
- This is the first time ever that Palantir has formed a partnership with a nuclear energy company to leverage their artificial intelligence software
Going deeper:
- The Nuclear Company is one of the most important private companies in America focused on developing gigawatt scale nuclear reactors and has landed multiple notable backers, including True Ventures, Wonder Ventures, Eclipse and others
- Nuclear energy infrastructure has continued to be a major theme in both Silicon Valley and Washington, D.C. lately, with Peter Thiel’s Founders Fund incubating a new nuclear fuel startup and President Donald Trump just recently signing multiple executive orders focused on expanding nuclear power capacity in the United States of America
