Quantum Materials Corp. (fka QTMM)

[Jamis1]

Just to add to the daily punching contest!

A new nuclear reactor design takes over a decade to design, get regulator approval of design and operating license, then years more to build.

Take a look at Nuscale and Kairos Power as examples. Still years from revenues from their business venture into small modular reactors. Nuscale has been at it for over a decade and is almost ready to start construction on first prototype reactor at Idaho National Labs. I interviewed with Nuscale in 2009 and it had been around for two years already at that point.

Kairos Power is only in the initial design phase and it'll be over a decade before they get a plant built, if its design is approved by the regulator.

https://www.nuscalepower.com/
https://kairospower.com/

To compare apples to apples, Nanosys was founded in 2001. When did their first Samsung TV hit the market? I believe it was 2014 or 2015. Therefore it took them about 13 years to make it to market and start having revenue. I believe it was 2-3 years later before Nanosys said they were positive on cash flow, making profits.

https://www.nanosysinc.com/who-we-are

We could go on and on about tech company startups if anyone wants to do so. Almost none of them make money for years.