What does it take to revolutionise the struggling nuclear industry?
Vision, innovation, a leader - and the ability to flip between MIT classrooms and global consortiums.
🗣️ In short, someone like Faris Fakhry who is building his startup, "Irradia", as part of our Post-Idea Fellowship.
🔬 Even before attending the Massachusetts Institute of Technology, Faris was already invited to sit on the board of the Advanced Nuclear Experts Consortium (ANPEG) alongside global pioneers in the industry.
Still in his early 20s, Faris is also a consultant with multiple funds including Lowercarbon Capital where he advises investors on fission and fusion related deal-flow.
🚀 These roles, of course, drive Faris’ vision at Irradia.
Over the last 15 years, 4 out of 5 of the largest nuclear test facilities have either become shut down or their use heavily restricted.
Despite a resurgence in both public and private market interest in nuclear energy, the industry is unable to capitalise on this momentum due to limited capacity for testing new nuclear tech.
🧪 With Irradia, Faris serves to fill the supply gap and deliver irradiation test services at a fraction of the cost that they have traditionally been provided at.
True visionaries, of course, are more than technical experts. They are also ringleaders, and Faris is no different.
As well as technology co-development with a strategic nuclear company with ~$800m in financing, Faris has established a world-class founding team.
🏅 This team includes the Director of MIT's Nuclear Test Reactor Laboratory, the ex-SVP of Engineering at Bill Gates' TerraPower, and his scientific advisory board headed by the CTO of the world’s largest remaining test reactor.
Unsurprisingly, Faris’ impact is already widely recognised. Notably, he has delivered talks at Princeton University, FUSION24 and ClimateImpact this year.
❗️𝐓𝐡𝐞 𝐜𝐫𝐚𝐳𝐲 𝐩𝐚𝐫𝐭? 𝐅𝐚𝐫𝐢𝐬 𝐬𝐭𝐢𝐥𝐥 𝐡𝐚𝐬 𝐨𝐧𝐞 𝐲𝐞𝐚𝐫 𝐛𝐞𝐟𝐨𝐫𝐞 𝐡𝐞 𝐟𝐢𝐧𝐢𝐬𝐡𝐞𝐬 𝐡𝐢𝐬 𝐝𝐞𝐠𝐫𝐞𝐞.
Hence, it's quite hard to do justice to Faris’ potential. Regardless, we are confident that he will reach huge heights.
#EWOR #nuclear #startup #deeptech
Vice President at IBA
1moGlad I was passing by at that right moment to make you all smile... 😄