To: FJB  who wrote (185 ) 12/24/2014 9:33:11 AM From: FJB  Respond to    Terrapower en.wikipedia.org TerraPower  is a nuclear reactor design spin-off company of  Intellectual Ventures  that is headquartered in  Bellevue, Washington , in the  United States . TerraPower is investigating a class of  nuclear fast reactors  called the  traveling wave reactor  (TWR). One of TerraPower's primary investors is  Bill Gates . [1]  Gates' investment is reportedly in the tens of millions of dollars. Other key investors are Venture-capital firms  Charles River Ventures  and  Khosla Ventures , who reportedly invested $35 million in 2010. [2]  TerraPower is led by chief executive officer, John Gilleland, a member of the  American Nuclear Society . [3]  In December 2011 India's  Reliance Industries  bought a minority stake through one of its subsidiaries. Reliance Industries Chairman  Mukesh Ambani  will join the company's board. [4]  TerraPower also works with  Los Alamos National Laboratory  who hopes this partnership will help strengthen and expand their science and energy programs. [5] Whereas standard  light water reactors  such as  PWRs  or  BWRs  running worldwide use  enriched uranium  as fuel and need fuel reloads every few years, TWRs, once started, use  depleted uranium  instead and are considered to be able to operate for between 40 to 60 years without fuel reloading. Traveling wave reactor en.wikipedia.org  nuclear transmutation in tandem with the burnup of fissile material. TWRs differ from other kinds of fast-neutron and breeder reactors in their ability to use fuel efficiently without uranium enrichment or reprocessing, instead directly using depleted uranium, natural uranium, thorium, spent fuel removed from light water reactors, or some combination of these materials.