General Matter
General Matter is a U.S. nuclear fuel startup founded in 2024 that is developing domestic uranium enrichment capabilities for low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU), aiming to reduce American dependence on foreign — particularly Russian — nuclear fuel suppliers. The company, backed by Founders Fund and led by CEO Scott Nolan, secured a historic enrichment site in Paducah, Kentucky, and was awarded a $900 million Department of Energy contract less than a year after emerging from stealth.
“"General Matter we're invested in, which I think is doing really important stuff." — Joe Lonsdale [00:31:48]”
Source→“"I think Scott's been great at General Matter." — Joe Lonsdale [00:32:11]”
Source→AI-extracted from podcast / newsletter / paper summaries. May contain errors.