Microsoft Chairman Bill Gates, who is also the owner and advocate of Nuclear-startup TerraPower is in talks with Japanese technology company Toshiba to develop a small nuclear reactor.

The team of Terra Power and Toshiba will focus on nuclear traveling wave reactor technology(TWR),which is a new type of small nuclear reactor design that can use the waste byproduct of the enrichment process i.e. It can consume depleted uranium as fuel. TWR’s have been under development since the 1990’s, but TerraPower is one of the first companies to have come up with a implementable design for this technology.