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On today's episode of Afrinu podcast, if you want to commercialize a product, spawn a startup,

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develop climate solutions to emissions free base load electricity, get high impact funds

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and evaluations on your innovative ideas, then listen to the end to get enriching details

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as we bring you a big catch in the industry, Lakshana Hoode. Lakshana is an investment

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associate at the engine where she brings over a decade of experience in academic research and

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commercialization of climate focused technologies. Prior to working at the engine, she helped build

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activate baston an entrepreneurial fellowship program supporting science innovators from concept

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to first product. Lakshana was also at APAE a high risk high impact funding agency within the

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department of energy USA. Lakshana holds a phd nuclear engineering from University of California

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Berkeley and an image in mechanical engineering from imperial college London. A big catch to have

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someone as big as you on here. So very happy. Not at all. It's it's really my pleasure to be here.

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Oh thank you so much. I sincerely appreciate that. Yeah absolutely absolutely and i'm really

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looking forward to the conversation. Tell me about you and what you do. Absolutely absolutely yeah

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and thank you once again for for having me on the pod pastury and and and maybe just for a little bit

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of context you know we both know each other through the on-deck climate tech fellowship

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which you know i'm really thankful that i got to meet so many amazing people such as yourself

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in that fellowship. So i um my my name is Lakshana Hidar and i thank you for clarifying your name.

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Thank you. Yeah yeah absolutely because the name is really really unique so it's good for our audience

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to know how to pronounce it. Cool. It's a difficult name yes it's an Indian name. Mine is more difficult.

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Have you tried to pronounce mine? Jeremiah Mbazor? Okay there you are. You tried. Good try.

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You laughed it correctly. Yeah you're right. My name is Mbazor Jeremiah. So you're correct. Oh great.

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It's just that i pronounce it a little bit faster because it's my name so just the way you pronounce it

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is like China or something like that so. Cool. Yeah yeah perfect. Yeah so i you know i i grew up in

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in Belgium did my undergraduate studies in the UK at Imperial College in mechanical engineering. I was

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always very interested in kind of science and math and that kind of thing so wanted to get into

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engineering and then while i was doing my undergraduate studies i um i sort of became fascinated with nuclear

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engineering and the potential for nuclear engineering to um to solve some of our climate

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change problems especially given that it's a emissions free source of baseload electricity which is

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um it's it's not easy to find solutions like that that can uh yeah you know that can

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uh yeah like readily combat some of these climate change issues and of course you know i i understood

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that there were a lot of controversies around the space you know like the the issues around the nuclear waste

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disposal but i was still really fascinated by the by the potential for these technologies and

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um and i was starting to learn more about advanced nuclear reactor designs that could combat some of the

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challenges that our existing nuclear reactors were facing um and so i came to UC Berkeley to get a PhD in nuclear engineering

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so i studied advanced nuclear reactor designs i i worked on the heat transfer of the nuclear reactor core

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in a fluoride salt cooled high temperature reactor so that sounds so technical yeah yeah it was it was

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definitely a very technical uh PhD with a lot of experimental work and um you know computational

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work uh some theoretical work it's like it was a mix of a lot of a lot of things and um and it was it was an amazing

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experience to be able to um work on advancing some of these technology wow it's it's it's so amazing

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like i mean like at what point because i begin to wonder like someone um especially um from

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india originally although you said you grew up in belgium which means a lot of the lifestyle of the

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of the develop world must have infiltrated or like been in you already so i began to wonder like at what point

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begin did you develop the interest to go into nuclear technology like at what point what like what was the

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the the spark that made you say oh this is it for me like and especially going into the advanced

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nuclear technology because um for me coming from a developing world i would be interested in gen 4

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reactors and the advanced one but i will not be looking at home perhaps maybe at the immediate

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um level except maybe in looking at the future because um will like be more receptive to kind of

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um proving technologies and not the advanced ones except we want to leapfrog as usually in africa so

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at what point did you get that spark uh that came to you to say okay i'm going to do this yeah that's a

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great question and i honestly can't really pinpoint an exact moment where something just clicked for me

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um but i do remember uh during a class in high school in one of my physics classes we were talking about

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different ways to generate electricity and and i remember the page on nuclear had you know had uh had pros and cons

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and that was the only page that had pros and cons all the other pages like solar and oil and gas like

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they were all just like pros so and and i like to tell people that i've always been drawn to controversial

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topics uh because i love to kind of delve deep into why something is controversial and yeah and um

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and so that was so i would say that certainly got the idea in my head that i want to learn more about

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nuclear technology and how it can be used for electricity generation and then just yeah and then

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like throughout my undergrad and you know i i kind of kept you know kept up to date with what was happening in the field

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and um and research in the us at least and advanced nuclear reactors was really picking up and uh there was lots of

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uh you know research funding in in these types of areas and so uh that's what really um kind of cemented the idea for

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me that i wanted to work in this space wow and now your journey has really taken you to like the the highest

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echelon of of research and also organizations that that deal with people that have ideas and new ideas of

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starting up new products or technologies and this brings me to the next question about

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the area where you are working and that's the activate fellows and from your background you you said that

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um you you helped to start up the activate fellows in the boston office right you have to build

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yeah you have to build activate boston and can you tell us a bit about activate boston and what it means

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and activate in general because i understand from the under climate fellowship here we met

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um you talked a lot about the activate fellowship and maybe our audience would like to hear more about it

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and know what you have to say about it perhaps it's yeah might be what they want to get into yeah

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absolutely um so yeah so my my journey has kind of taken me away from nuclear actually at this point

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obviously yeah but still still very much involved in in kind of keeping up to date with what's happening

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and um yeah so i you know i i spent about a year and a half at an organization called activate which

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is a non-profit that operates an entrepreneurial fellowship program uh that's really focused on

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empowering scientific founders that want to spin out their academic research into uh into a company

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into into something that can be commercialized that's quite unique that yeah yeah i think it's um

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you know it's a really great opportunity for you know for the entrepreneurial focused researcher

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to be able to kind of you know spend two years so the activate fellowship is the two-year program

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um where you know activate provides a living stipend so you don't have to worry about

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you know sleeping on your mother's couch while you're trying to spin out the company

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as well as a small research stipend as well and the idea is that you know in these two years

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let's try to build that initial prototype that uh that meets commercial specifications

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um or let's try to fail really fast you know so that's another way to learn very important

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yeah fail in first right yeah yeah absolutely um and so so that's what the that's what the

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activate fellowship is really about and it's really around um around hardware-based technologies

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that can have a large social impact so of course climate tech falls into that um but you know climate

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tech is not the only type of technology that that activate has under its umbrella um and and so

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yeah so so that's that's kind of how the program operates and um the program like one of the other

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sort of benefits of being in a program like that is that you're you're gonna be with other

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entrepreneurs who are in the same kind of boat is yeah yeah if you think you think if you want

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to float you float together cool nice yeah yeah and it's really nice to have like peers that you can

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talk to and you can kind of learn from um and and as well as just having access to a large network

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that activate has and i cannot i cannot then i've actually yeah yeah i kind of had i cannot have uh i

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kind of had a kind of um foretaste of that kind of environment in the on-deck fellowship because you have

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a wide variety of people with different ideas although you have one big umbrella idea of the

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climate but people have different solutions they've come to present for this so uh perhaps that's

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kind of a similar comparison to what the activate fellowship presents i guess yeah yeah for sure

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and and activate is very much focused on sort of supporting that very early stage um in helping

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grow the company uh helping you network with various partners investors uh strategic who might be

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able to kind of you know help you grow your company as well and um yeah yeah so what's what's then

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actually i've moved to um the engine which is an early stage venture capital fund uh that's focused

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on investing in um you know lab lab breakthroughs academically search lab breakthroughs that have a

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large societal impact so do you have any example any example of maybe maybe what you've maybe come out

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to it in in this fellowship maybe any example of maybe eventual organization or maybe a startup

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that sprung up from the engine or the activate fellowship yeah yeah absolutely so the engine

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has around 33 portfolio companies right now um you know so they just close their it's it's a large

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portfolio and and these companies are you know either focused on climate tech or human health or

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sort of advanced systems infrastructure type stuff and so you know one of the big companies

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that the engine invested in is called commonwealth fusion systems uh which is a company

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that's going to be generating electricity through fusion power wow that's cool so yeah yeah and this

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is a this is a this company has grown really big and it's you know wow that's that's more than 150

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employees and there's going to be uh they're building a pilot plant now here in massachusetts wow

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so it's it's very exciting for that yeah that's really really interesting okay so um it's very

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amazing and also very thought provoking how you've navigated your career through the nuclear field

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and also in the startup area and entrepreneurship and and the thing surrounding it so it's quite

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interesting to see how this has grown and how you grown in it as well so this brings me to the

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next question about um because we have a lot of young people that are listening to us and 60%

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of the people in sub-saharan africa are young people and you can be very sure that the larger

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portion of people listening to the podcast are young young stars so i wonder like looking at

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your career path and the way you've grown in your career it will be very very challenging and

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captivating for a lot of young stars and also talking from the developing world's point of view

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a lot of things need to be done i wonder what are your thoughts and what has helped you along the

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way as you progressed to becoming who you are at this point now please yeah that's a great question

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and i would definitely say i would say two things uh so one for me was kind of having um

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not so much a clear idea of where i wanted to be because i had no idea that i would become i would

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be in venture capital ten years ago um but more around that i really wanted to be in a space where

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i could have an impact on climate change so that was sort of my guiding star to all of the decisions

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that i made throughout my career um so you know when i was uh when i finished my undergraduate

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studies i was applying for jobs and one of the jobs that i got was um with an oil and gas

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services company which would have paid me really really well i would have been super well off at a

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very young age um but then i i didn't want to be in the oil and gas space like i wanted to wow

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that would be so strange to hear in these parts of the world everybody wants to work in the oil

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company in nigeria especially in most african countries absolutely and that's because it's you

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know it's a it's a very lucrative space like you you know you're you'll be set for life right yeah

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most likely uh but i i really wanted to try something different like i wanted to

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work on a technology that could potentially help with climate change um and so that that was one of the

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you know that was kind of a guiding principle for me i guess i mean it really depends on on the

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person but for me that's what really helped me make decisions throughout and the other thing i would

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say is you know just having you know trying to find a really strong supportive network of people as

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well you know that might be your your family um your friends people from uh you know from some

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some job or like the on-deck climate tech fellowship um you know people that you can just kind of talk to

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uh about decisions that you want to make and also express your controversy as well yeah absolutely

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absolutely exactly these are people who will call you out if they think that you're not doing the

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right thing right so yeah uh so i would say um yeah yeah you know it it's it's comes to a point where

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you you just need to leave your comfort zone at some point you know when you're in a place where

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everybody is like nodding to everything you do everybody's like you are like the the good in the

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good books of everybody even though you are not making any impacts like you don't make any change

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there is no impact generally there's the need kind of break out of that box kind of and to make a very

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strong stride that will make you that will launch into the next level and that's really very

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commendable on your part so uh i want that being in the us and um 20 percent of the electricity

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generated in us is from the nuclear and uh the atmosphere does not seem very conducive although

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there are a lot of startup companies that are bringing up new technologies uh i i don't i don't

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want to name them at this point but i'm very sure that um your company alone is already like looking

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at um companies and people that are like developing new technology that will be very useful what in the

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us and for the international market so i wonder like what's the what's the future like although you've

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drifted away from nuclear but you cannot take nuclear away from you you know it's still in your

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system i believe right yeah absolutely and what do you think is the future like what's the future like

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for nuclear in us and kind of in the in the world if you might have a grasp on that

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i would love to see more nuclear um in both in the us and and the world of course and i feel like

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especially in the developing world i feel like there's a lot more opportunity for new nuclear

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bills right because um you know there isn't any baggage that uh i feel like yeah because

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populations are growing in the developing world like you could just look at like india for example

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there's just a lot more demand for for a clean baseload electricity right um so i mean pollution

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is already a big issue in in india for example um and and and so is blackouts um they happen constantly

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in india that's very normal here as well in nigeria especially oh right right right and and it's

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like yeah it just becomes so normal but it's uh there there are solutions after right like there are

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um and so you know nuclear might be one of those solutions and um and and i think you know like

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especially with these advanced nuclear reactor designs they they're going to be able to combat

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some of the legacy issues that these old generation one generation two reactors have um so i feel like

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i feel like people might be more receptive to the advanced nuclear reactor designs okay that's very nice

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but i wonder like i have a little um um concern if it's if it's if that's if that's what it means

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my concern is this like having the advanced nuclear technology having to use that without having

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it been proven somewhere like you know the nuclear field i don't know if it is becoming more like

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something you can just get the latest model and use without testing the old one you know like a

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smartphone you can start using an android phone from at at this point without even learning how a

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phone works and you can just go off from that point and be a phone user but i wonder how it it is in the

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in the nuclear technology aspect like is it is it easy for one to just leapfrog into the advanced

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nuclear technology like in a place like um africa where we don't have that benefit of learning from

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proven technology likes the gen three and gen three plus um options i wonder like what do you think

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about this you know in india you already have nuclear power plants working from the russian

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technologies and difference and thanks to the um new regulation i mean new um international law

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that removed the trade embargo between us and india so you can now trade technologies or do

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a kind of technology transfer so but already you have an existing technology going on so what do you

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think like especially from the start up point i know you may be being a start up um accelerate or

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kind of pressing you might have some things you need to get from maybe the scientist or the guy who's

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proposing a new technology that will make you approve it or fund it but when it comes to the guy who

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wants to buy it he it's yeah it might make a good business case but going um in the operation and

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maintenance and also in in the future if i may say do you think this might be a problem in the future

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i mean i think you know as you very rightly mentioned like there are still a lot of challenges and

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i think um you know a lot of these a lot of this can be mitigated with strong um government

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support and public private partnerships which is what is trying to happen in the u.s. yeah they

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were public private partnership you got it great right right exactly and so you know kind of because

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a lot of these projects require a lot of upfront capital cost um and you know it's very hard to

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raise that kind of money in the private sector yeah um so being able to you know get support from

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the government to be able to set up test reactors uh so at least you know test out the technology

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um can really help because once you once you have those kinds of integrated um test

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you know results and things like that like that can really help with um licensing your reactor

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yeah so you know going through all the regulatory hurdles and yeah um so yeah it's definitely not an

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easy thing to do and it's definitely very nuanced and um yeah i mean like i know i understand that

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um like an example of china that got the ap 1000 the westin house reactor they got it but it was

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not working anywhere like they were already building it in u.s. but it has not been completed i think in

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the voktul site and somewhere still not completed yeah still not completed but but the chinese have

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already bought this technology they already got it working in in china already without having to see

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it working elsewhere so i think there is kind of um a future like if the people are very willing

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they might be willing to take the risk and take the big jump or like the the the leap of faith if

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my if i may say and like give it a good shot like if i'm if i may say if that's the the right word for

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it so i think there is hope kind of yeah yeah yeah yeah yeah i think so and i mean you know these types

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of reactors um often there's hundreds of jobs uh that come with this type of reactor uh so that's another

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you know hundreds of like very skilled high paying jobs right yeah so that's another kind of incentive

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is that yeah very good so um lakshana it's quite interesting to talk with you and i'm very very

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happy it's quite an interactive and amazing session with you i want to have some last words

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from you so that we can call it a time in the session perhaps in the future we can have more

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time with you or at this point i just want to ask you just two questions one i want to ask you

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about the activate fellowship if you take people from outside the us uh i don't know about that

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can you tell us if that applies for sure um so there's uh definitely applications are open

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for people outside of the us the only stipulations are that you have to move to either boston or

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berkeley or the duration of the fellowship um and then you know the fascinate that movement

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uh we we do a we do have real patients stipend um so definitely we encourage people to i mean

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okay that you know that's a very core part of the fellowship uh being in the same location as

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everyone else okay and then having the the access to you know just making sure that you're able to

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work in the us and work for your company like work for the company that you're spinning out

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uh which are kind of very yeah technical minor details but you know that's good yeah so

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uh i sincerely appreciate the answer to that question that brings me to the last one

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um what are your last words like what do you want our listeners to know like what are your last words

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any word you want to to give to those who are listening to us now

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can you i just want to say you know thank you once again for for having me and you know i'm

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really looking forward to learning more about uh the you know progress of nuclear technology

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in in africa especially in nigeria um and um yeah and also you know please get in touch with me

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if you have any other if you have any cool startup ideas or or if you would like some advice on

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you know how to spin out the technology um i'm definitely happy to help with that type of um

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that type of advice and thinking wow that's quite a generous offer from you thank you very

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much Lakshana for the time with us and i sincerely appreciate and hope to speak with you one more

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time and um i get to know more about you and what you do and um expand the frontiers of our

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network thank you so much for being with us absolutely thank you so much jerry this was great

