Bill Gates to Develop New Nuclear Reactor with Korea

      August 20, 2012 11:33

      Microsoft founder Bill Gates has pledged to develop with Korea a revolutionary nuclear reactor that will leave far less radioactive waste than existing ones.

      Gates, who retired from managing Microsoft in 2008, invested US$35 million to establish a nuclear-power venture company called TerraPower in 2010.

      Gates met with the head of the Korean Nuclear Society, Chang Soon-heung, in Seattle on Thursday and agreed to cooperate in the development of a sodium-cooled fast reactor, the KNS said Sunday. SFRs are next-generation nuclear technology that can use spent nuclear fuel rods from conventional reactors.

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