Greetings!
Our edition of nanotimes is live now at:
Flash:
http://content.yudu.com/A1v0eq/Nanotimes11-2011/
Plain text version live at:
http://content.yudu.com/A1v0eq/Nanotimes11-2011/resources/plainText.htm PDF(65 pages, 16Mb): http://www.nano-times.com/files/nanotimes_11_11.pdf
We have updated our watchlist at the end of the year and now list 206 non-public and public technology companies. The list is not static and will be amended on a regular basis depending on the companies' economic performance, their growth, innovation potential and their progress in product development. The key element is innovation.
Therefore, taking on Flibe Energy is not the result of a mistake but a conscious decision, even though companies working in this technology segment are having a hard time competing. The Company will develop small modular reactors based on liquid-fluoride thorium reactor (LFTR) technology. The technology has been known for several decades and is based on Alvin Weinberg's theory. The founder of Flibe Energy, Kirk Sorensen, wants to further develop this approach. As long as we don't have a fundamental solution for the global thirst for energy like e.g. cold fusion all technical options should be examined.
The same applies to the company TerraPower with their Traveling Wave Reactor (TWR) that produces significantly smaller amounts of nuclear waste than conventional nuclear reactors. The TWR directly converts depleted uranium to usable fuel as it operates. Until today we have no solution for the huge amounts of depleted uranium, useless to today's reactors. TWR provides a solution. Especially the big European energy suppliers should invest in such companies because it is their nuclear waste, which they have no idea what to do with. Plus, the storage just costs money.
We say good-bye to an eventful and difficult year 2011. 2012 is likely to become even more exciting and demanding. But the same applied to 2008 and 2009, and we have survived these years as well. Especially smaller technology companies have done their homework in the last years, and have come out of the crisis even stronger. We would like to wish all our readers Happy Holidays and a prosperous New Year.
Thomas Ilfrich
Flash:
http://content.yudu.com/A1v0eq/Nanotimes11-2011/
Plain text version live at:
http://content.yudu.com/A1v0eq/Nanotimes11-2011/resources/plainText.htm PDF(65 pages, 16Mb): http://www.nano-times.com/files/nanotimes_11_11.pdf
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