09/17/2026
“The interesting thing is the ideal nuclear product that customers are demanding today is very different from the ideal nuclear product from 50 years ago. There are 400 reactors around the world today and they’re all basically bespoke. They’re one-off giga-scale projects. The 100 or so reactors in this country were one-offs for large utilities. Different people built them. They had different designs.
That’s really the challenge - that is why it takes ten years plus to build one of these large plants, and why they cost so much money.
Some people view Three Mile Island as the nail in the coffin, but it wasn’t really the main turning point. There was a time in the 70s when nuclear was as cheap or cheaper than coal. Normalized to today’s dollars, it was around five cents a kilowatt-hour.
Then regulations started to increase. There were a lot of people trying to throw the baby out with the bathwater, people who wanted to get rid of the weapon and didn’t understand that the energy source is very different.
And it’s really unfortunate, bcause nuclear is probably one of the best energy sources we have available. Clean baseload. Works anywhere, anytime. Tiny footprint. And contrary to popular public perception, as safe as solar and wind.”
Matt Loszak, CEO & cofounder of Aalo Atomics, at Dreamforce 2026.
