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Funding for Nuclear Startup, Transatomic Power

August 15, 2014 Keenan Brugh

Nuclear power is seeing growing interest.  Billionaire Peter Thiel, co-founder of Paypal and Palantir, has been investing in technology companies for years. His venture capital group, Founders Fund,  challenges the short-term mindset of many in Silicon Valley with its saying: “We wanted flying cars, instead we got 140 characters.” Thiel is now aiming to disrupt the nuclear energy industry.  As re/code reports, Founders Fund has recently made a new allocation called FF Science to "tackle hard problems" with financing for early-stage science ventures.  It recently made its first investment - $2 million into a Cambridge, Massachusetts startup called Transatomic Power.  Co-founders Leslie Dewan and Mark Massie developed the technology as graduate students at MIT. According to their website, Transatomic Power Corporation is commercializing an innovative molten salt reactor that safely burns nuclear waste to deliver vast amounts of affordable clean energy to meet the world's needs. The technical advisory board of Transatomic Power includes leading nuclear scientists and engineers with leadership experience from MIT, UNLV, University of Wisconsin-Madison, Oak Ridge National Lab, Idaho National Lab, and Westinghouse.

 "Transatomic Power's innovative nuclear reactors turn nuclear waste into a safe, clean, and scalable source of electricity."

Founders Fund says it wants to take more risks on early-stage startups tackling difficult technical problems.  “FF Science” is an allocation within its most recent billion dollar fund earmarked for seed-stage investments in areas like aeronautics, advanced computing, energy, life sciences and nanotechnology.  He said the firm wants to invest in startups attempting to solve “some of the world’s most important problems.” They’re not looking for academic science experiments, but incorporated businesses with established teams, even if there’s considerable work left on the science side.

Check out this TED Talk given by co-founders Leslie Dewan and Mark Massie where they outline their new design and how it addresses issues of safety and waste:

 

http://recode.net/2014/08/05/going-nuclear-founders-fund-plugs-2-million-into-transatomic/

http://www.businessinsider.com/peter-thiel-nuclear-energy-industry-2014-8

http://transatomicpower.com/

http://www.foundersfund.com/

 

In 4Is, Featured Stories, Oil & Energy, Science & Technology Tags Keenan Brugh, Molten Salt Reactor, Nuclear Energy, Nuclear Power, Peter Thiel, Venture capital
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Adobe Expands 3D Printing in Photoshop

August 7, 2014 Keenan Brugh

3D printing is exciting technology; however, to become really compelling and world-changing, designers must start creating amazing things.  So far this capability has been available to a small number of people willing to learn a whole new, multi-step process. Now, Adobe is expanding its popular photoshop software to include more options to design and print real-life 3D objects. Adobe describes the upgrades in a new blog post - full version here

The latest update – Photoshop CC (2014.1)

This latest release of 3D printing features and enhancements expands support for new 3D printers and 3D print services, broadens the range of file formats that can be read and written, and offers updates that add efficiency to your workflow. New features include:

  • Support for the MakerBot Replicator 5th Generation desktop printer and DMM.com (Japan) 3D print service
  • Support for additional 3D file formats including VRML, U3D, PLY, and IGES
  • Streamlined 3D painting experience
  • Ability to easily combine multiple print jobs into a single print bed
  • 3D printing workflow improvements

As the fundamental cost of quality 3D printing goes down, this technology will become more accessible and ultimately more useful. Add in an army of creative photoshop designers and things will be getting even more interesting.

nyc_3dPS

“The 3D printing features in Adobe Photoshop CC unifies what used to take us roughly 15 steps in several different programs into one easy-to-use program—condensing our workflow significantly,” said Bradley Rothenberg, co-founder, Bradley Rothenberg, a studio focused on 3D printed textiles, jewelry, and accessories. “Our experience with using Photoshop in 2D is something we can easily leverage now with 3D models, which is incredibly helpful, and these latest features and enhancements will make it even better. I can’t wait to see what Adobe does next.” – Photo by ThreeASFOUR

In 4Is, Featured Stories, Innovation, Science & Technology Tags 3D printing, Adobe, Creative Cloud, Keenan Brugh
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