Nūxsen Named Start-up of the Year Finalist by AMBA
NEW YORK, NY – September 12, 2023 – Nūxsen was named one of six finalists for AMBA’s prestigious Start-up of the Year award. The Association of MBAs (AMBA) accredits over 300 of the world’s leading business schools. The award is presented annually to the start-up which shows the most promise for commercial success.
The winner will be announced later this year. All finalists will be recognized at an awards ceremony to be held in London in January 2024.
“We are humbled and honored to have been selected as a finalist among nominees from AMBA’s network of top business schools in over 75 countries,” said Christopher Wight, Nūxsen CEO. “I would like to thank Arian Prins and Marta Castelo Branco for our initial brainstorming sessions which were the inspiration for Nūxsen, and the core team members who have helped us move towards commercial readiness, especially Garrick Villaume and Andie Matten. We thank the entire AMBA community for their support and we look forward to attending the ceremony in London.”
Learn more AMBA and the other distinguished finalists:
US DOE Invites Nūxsen to Participate in Exploratory Funding Workshops
New York, NY – August 29, 2022 – Today the US Department of Energy invited Nūxsen to participate in the upcoming Clean Energy on Mine Lands Workshops that are being held to inform the Clean Energy Demonstration Program on Current and Former Mine Land program as it develops plans for funding opportunities.
The Bipartisan Infrastructure Law includes $500 million in funding for clean energy demonstration projects in geographically diverse regions.
“Nūxsen is uniquely positioned to partner with DOE on this initiative. We incorporate many of the technologies DOE is interested in investing in into one project. These technologies include advanced nuclear, direct air capture, CO2 sequestration, CO2 usage, and microgrids,” said Christopher Wight, CEO of Nūxsen.
Nūxsen advises US DOE to use former mine land for Small Modular Reactor-powered Direct Air Capture plants
New York, NY – August 15, 2022 – Nūxsen today responded to the US Department of Energy’s Request for Information (RFI) for the Clean Energy Demonstration Program on Current and Former Mine Land. The program is part of the Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Law (BIL).
The BIL provides the backbone for a more sustainable, resilient, and equitable economy by enhancing U.S. competitiveness, diversifying regional economies, creating good-paying jobs, and ensuring stronger access to economic opportunities for underserved communities.
Nūxsen provided key insights to the program manager regarding the potential for advanced nuclear systems (small modular reactors) to power CO2 net-negative technologies.
In a direct response to DOE’s interest in demonstration projects that utilize two or more clean energy technologies for innovative mine land conversion projects to revitalize and re-balance the nationwide electrical grid, Nuxsen supported and encouraged investments in safe, clean, and renewable nuclear power. Nūxsen is in the early stages of its effort to help bring small modular reactors to market to support any combination of direct air capture, CO2 sequestration, and CO2 utilization facilities.
“The closing of a mining operation typically has a major economic impact on communities resulting in the loss of thousands of direct and indirect jobs, and leaving behind adverse environmental issues,” said Christopher Wight, CEO of Nūxsen. “The remote locations of many former mines often means limited opportunities for job creation necessary to employ displaced workers. We appreciate DOE's innovative approach and we look forward to partnering with them to combine multiple technologies that will benefit communities and the environment.”