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TerraPower is talking to a number of countries to build the first plant with the next generation of nuclear power plants that run entirely on the spent fuel from current nuclear plants.
TerraPower, which counts Bill Gates as an investor, raises $35 million in venture funding to pursue an alternative nuclear-power technology.
Despite the worst nuclear disaster in decades and other roadblocks, young nuclear power companies NuScale Power and TerraPower still see strong interest in getting alternative reactor designs built.
Company is in talks with TerraPower, which is backed by Microsoft's chairman, to jointly develop advanced nuclear reactors.