I don't know whether they shopped around VCs, but they have said that they aim to sell to the US army. The army has a well-publicised and pressing need for por

I don't know whether they shopped around VCs, but they have said that they aim to sell to the US army. The army has a well-publicised and pressing need for portable compact power sources in places like Iraq. They have also indicated that they would like to produce medical isotopes as a first step. However, the destruction of the US U 233 reserves by the US government may put a stop to that (if it isn't halted -- which seems unlikely, due to lack of interest). The civilian nuclear industry has regulatory lead times measured in decades, and has a mindset heavily tied to the risks posed by solid-fueled reactors. For that reason, the military may in fact be the only opportunity for a company to develop liquid fueled reactors.