Commercial tech successes predicted for OR, Knox

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Mike Paulus, director of technology transfer at ORNL, spoke about local next-generation technology companies to Friends of ORNL in a virtual lecture.

Mike Paulus, the director of technological know-how transfer at Oak Ridge Countrywide Laboratory, is optimistic that some upcoming-era commercialization successes will be based mostly on ORNL inventions and other regional innovations. He also thinks some freshly productive technology businesses will be found in East Tennessee.

At a modern digital chat to Close friends of ORNL, he stated, “I think four new companies that licensed ORNL systems have true likely to do a little something huge in the not far too distant future. Two of the 4 following-era firms I picked are headquartered in Knoxville and a third has a presence in Oak Ridge.”

In addition, he stated, the area has “two packages for business people who could want to have interaction with ORNL.”

The Micro Modular Reactor system manufactured by the Ultra Safe Nuclear Corp., which now has an office in Oak Ridge, is a fourth-generation nuclear energy technology. It delivers safe, clean and cost-effective electricity and heat to remote mines, industry and communities. It is the leading small modular reactor project in Canada and the first so-called fission battery concept worldwide.

Ultra Safe Nuclear Corp., a world organization headquartered in Seattle, just lately opened an business in Oak Ridge that specializes in mass producing technologies for nuclear fuels and materials. As a result of its places of work in Canada, South Korea, United Kingdom and the United States, Ultra Risk-free Nuclear is producing the Micro Modular Reactor (also referred to as a “fission battery”) and nuclear fuels, materials and design technologies for long run modest electric power-manufacturing reactors.

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