Scott Nolan

The United States has zero domestic commercial uranium enrichment capacity, creating a critical bottleneck for nuclear energy and advanced reactors. There are three 'nuclear fuel cliffs': a near-term shortage of HALEU for advanced reactors, a 2028 ban on Russian uranium imports that will cut off 25% of supply, and a longer-term risk to the Navy's stockpile. Solving the enrichment bottleneck is urgent for energy security, AI data center power needs, and economic prosperity, as enrichment is the highest-cost segment of the fuel chain for advanced reactors.