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Back to Podcast EpisodesAtomic Show #330 – Joe Klecha, CNO The Nuclear Company (TNC)
The Nuclear Company (TNC) describes itself as “a fleet-scale American nuclear deployment company.”
TNC is a young, visionary company driven by what business author Jim Collins describes as a BHAG – “Big Hairy Audacious Goal” – in his best-selling book titled Built To Last. TNC’s intermediate goal is to deploy 6 large nuclear reactors in the U.S. while developing a complete platform that enables repeated projects using a design once, build many approach.
For a company that was just formed in 2023, that qualifies as an enormously audacious goal.
One of the examples Collins used for a BHAG was Boeing’s 1952 decision to build the 707 as one of the world’s first commercial jet aircraft. But at the time, Boeing was an established, profitable company whose head count had reached over 50,000 employees during WWII and that was still producing several different bombers for the Air Force, including the large, jet powered B52.
TNC’s leap seems to be substantially larger than the one that Boeing successfully made. But, with the right people forming the right teams and gathering the resources available, TNC’s goal might be possible. The Atomic Show first covered this intriguing company in August of 2024, about a month after the company exited a formative, quiet year, when Juliann Edwards, TNC’s Chief Development Officer, appeared as a guest on Atomic Show #319.
TNC summarizes its strategy as follows:
The Nuclear Company’s approach can be articulated through our four-pronged strategy:
- Fleet-Scale Deployment: We are building at fleet scale, not project scale, enabling us to capture significant efficiency gains and cost savings, and enabling the reshoring of American industry.
- Broad Industry Coalition: Fleet scale requires a broad coalition of industry partners for successful project planning and execution. We build that coalition to scale.
- Comprehensive Program Management: We synergy-capture program management applicable across existing and new deployments.
- Public-Private Partnerships: We leverage federal, state, and local government engagement and support along with industry to re-establish a US commercial nuclear leadership position.
For this episode of the Atomic Show, I s
Published on 3 months, 1 week ago