BSV Podcast 0105: Aalo Atomics

Balerion Senior Associate Aidan Daoussis sits down with Matt Loszak, Founder & CEO of Aalo Atomics, to discuss nuclear power for AI data centers. Aalo is developing mass-manufactured nuclear power plants designed around the energy demands of AI data centers. The conversation covers reactor manufacturing, fuel supply, regulatory pathways, deployment models, and the broader role of nuclear power in expanding energy abundance.Timestamped Overview00:00 – Introduction to Aalo Atomics and its focus on AI data centers02:29 – Building a reactor facility at Idaho National Lab06:13 – Nuclear safety, iteration, and factory-based quality control09:23 – Why nuclear is seeing renewed support from customers, government, and investors12:43 – Matt Loszak’s path from software entrepreneurship to nuclear energy16:22 – Factory-first reactor manufacturing and Aalo’s XMR approach23:29 – Deployment model for data centers and order-to-electrons timeline27:34 – Operations, maintenance, PPAs, and OEM partnership models31:07 – Fuel strategy using LEU and uranium dioxide instead of HALEU or TRISO34:27 – Energy abundance, AI, industry, and long-term societal implications38:38 – Scaling bottlenecks across supply chain, turbines, pumps, and heat exchangers43:14 – Nuclear regulatory changes and DOE-to-NRC pathways47:44 – How timing, culture, and execution shape nuclear company success50:34 – What has been harder than expected and how Aalo built its team53:17 – Investor questions around supply chain, economics, and execution54:58 – Closing takeaway: Aalo’s data center focus, hiring, and fundraising This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit balerionspace.substack.com