Around the world, about 450,000 metric tons of radioactive spent fuel is temporarily stored in pools and dry casks above ground. No spent nuclear fuel anywhere in the world has yet been placed in a permanent repository.
It is time to consider alternative options to address an issue that is growing in scope and scale.
Knowing that something must be done in the U.S. and around the world to dispose of nuclear waste, Deep Isolation founders Elizabeth Muller and Richard A. Muller brought together the innovation and agility of a Silicon Valley startup with nuclear and scientific expertise to offer an innovative solution to the impasse of nuclear waste disposal that prioritizes environmental protection and community partnerships.
At Deep Isolation, we maintain a core value of putting stakeholders and community engagement at the center of our solution design. Our focus on public and stakeholder engagement reflects “best practice” and lessons learned from past experience in the field of nuclear waste disposal. We uphold that greater participation from communities can bring mutually beneficial solutions to address spent nuclear fuel.
1 IN 3 AMERICANS LIVES WITHIN 50 MILES OF A NUCLEAR WASTE STORAGE SITE.
These sites provide only a temporary solution and are located above ground. With no solution yet approved by the U.S. Government for permanent underground disposal, we realized private innovation would have something to offer.
CITIZENS ARE CONCERNED AND WANT GOVERNMENT TO TAKE ACTION.
A recent survey conducted by GfK using its KnowledgePanel approach revealed that 90% of Americans support innovation to help solve the nuclear waste problem.
The majority of Americans also feel that the government should prioritize finding less expensive solutions and be able to contract with private companies for the disposal of nuclear waste.
Funding for Deep Isolation comes primarily from concerned citizens and successful entrepreneurs, as well as environmentalists. Our investors are people who care about this issue and wish to support innovation that can bring forward additional disposal options. To date, we have raised up to $14M from non-institutional investors in a pre-Series A offering.
On January 16, 2019, Deep Isolation publicly demonstrated its technology at a commercial drilling test facility.