Rusty Towell is a professor of engineering and physics, and the director of the NEXT Lab, at Abilene Christian University, which applied to the Nuclear Regulatory Commission last August for a construction permit that may allow it to build the first new research reactor of any kind in the U.S. in more than 30 years. In this episode, Towell walks us through the design of the molten salt reactor ACU wants to build, the hurdles it faces at the NRC, why the university may have an advantage in obtaining the enriched-uranium fuel it needs, and why, if the project succeeds, it could lead to commercial success in the small modular reactor market. (Recorded January 27, 2023.)