Business View Magazine | September 2022

33 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 9 HATCH LTD . real challenges for our clients and supporting Canadian initiatives in provinces like Ontario, Alberta, Saskatchewan, and New Brunswick to create a manufacturing industry for mini- reactors.” The other prong to their pro-nuclear argument was waste. “We really felt that the two were inextricably linked,” says Jolly. “You don’t get the social license to build a new reactor if you don’t have a credible story about what you do with your waste. And we actually think there’s a good news story here: that nuclear is essentially a closed loop. There is no smokestack, no pipe or flares required. We know where everything funded an internal R&D program, to develop its own molten salt modular reactor technology. “We took it through our Stage-Gate Process for R&D,” Jolly recalls. “We actually created some intellectual property and some patents. Ultimately, we decided we weren’t going to pursue this and become an OEM in this regard – that we were better suited to service the nuclear industry. And that’s exactly what happened. We started supporting many of the SMR companies and technology developers. A few of them jokingly said, Hey, you’re not a competitor anymore! Now you can help us look at some of these problems. So, we’re getting into solving