Nearly a decade ago, third-generation Texas oilman Doug Robison was plotting his retirement and the sale of his petroleum company when a trip to his childrenâs alma mater, Abilene Christian University, changed his career trajectoryâat an atomic level.
He heard a brief talk from Rusty Towell, the director of the schoolâs Nuclear Energy Experimental Testing lab (NEXT), on the potential of next-generation, molten-salt nuclear reactors for affordable power to lift much of the world out of poverty. Robison was sold. âI met him in the back of the room and said, âWhat would you do if youâre fully funded?â I asked him three times, and he wasnât ready for the question.â Two weeks later, Towell offered Robison a rough plan. âI said, âYouâre funded. Letâs go.â
Robisonâs $3.2 million research donation kickstarted the effort and news spread. Then-U.S. Energy Secretary Rick Perryâand former Texas governorâsent a team to Abilene to study the research. In 2019, the Department of Energy offered fuel and salt in support of the project if they agreed to build a test reactor. ACU volunteered to host it.
âI held my hand up in the room and said, âIâll fund it,ââ Robison said. ACU President Phil Schubert took Robison aside, asking, âDo you have any idea how weâre going to do this?â Robison replied. âPhil, I donât have a clue.â
A few months later, Natura Resources was born as a next-generation nuclear startup, aiming to build smaller reactors using new technologies for cooling and other functions. Robison took the defunct corporate shell of an organic farming company heâd started in the 1980sâNaturaâand turned it into the startup, even if itâs technically over 40 years old. âItâs a transition from organic agriculture to advanced nuclear,â Robison told Fortune with a laugh, adding that they both still involve clean energy.
Since then, Natura has grown, as has its university allianceâmore than 150 researchers from ACU, the University of Texas at Austin, Texas A&M University, and the Georgia Institute of Technology.
They plan to bring the first reactor, MSR-1, online in 2028 in Abilene. The Nuclear Regulatory Commission approved the construction permit in 2024. A 100-megawatt commercial reactor is planned for West Texasâ Permian Basin or near Texas A&M in Bryan by 2032.
Natura joined the Trump administrationâs ambitious Nuclear Reactor Pilot Programâinvolving 10 companies initiallyâto achieve criticality on at least three test reactors by the Fourth of Julyâthe same date the administration ends subsidies for wind and solar projects.
Natura is not one of the three meeting that goal this weekend, but it hardly matters.
Leaders of the pack
Natura is focused on bringing its test reactor fully online by 2028âeven if 2026 was an early goalâand building up a supply chain to scale up commercially in the 2030s. Late last year Natura bought the advanced nuclear development company, Shepherd Power, from energy technology and manufacturing firm NOVâpartnering with NOV in the process.
âWhat weâre trying to prove more than anything is showing that we can actually build a reactor system,â said Natura chief operating officer Jordan Robison, who is also Dougâs nephew. âThere is a difference between a criticality test and building a full reactor system.â
Achieving criticality is the milestone when a nuclear reactor sustains its first chain reaction. Itâs a key milestone, but the reactor is not operating continuously and producing electricity. An operating reactor is safely generating power over a long period.
In fact, none of the perceived leaders of the next-gen nuclear race achieved criticality in Trumpâs pilot program. In addition to Natura, Google-partnered Kairos Power, Bill Gates-backed TerraPower, Sam Altman-backed Oklo, or Amazon-backed X-energy are all focused on building nuclear reactors for utility-scale grid power and hyperscalers. And Natura will need to attract more outside funding to scale up as well.
The three that announced criticality successes by July 4 are all focused on smaller microreactors to power industry or military bases, and not initially utility-scale power. They are Antares Nuclearâs Mark-0 at the Idaho National Laboratory, Valar Atomicsâ Ward 250 at the Utah San Rafael Energy Lab, and Deployable Energyâs Unity reactor, also at the Idaho National Lab.
All the aforementioned are developing next-gen nuclear technology for small modular reactors (SMR) or even smaller microreactors. So-called Gen IV reactors rely on non-water coolantsâtraditional nuclear plants use light-water reactorsâsuch as liquid metals, molten salts, or high-pressure gases. Theyâre designed for inherent safety with reactors that cannot physically melt down even if all power is lost.
But speed is of the essence, especially with the burgeoning AI data center boom and their thirst for more power. The Trump administration already is easing and streamlining the regulatory processes for SMRs. Thatâs why Natura already has plans lined up to build its commercial reactors with Teledyne Brown Engineering in Alabama, and for on-site design and construction to be led by Zachry Nuclear, Doug Robison said. Speed and scale matter.
Unlike traditional reactors that use highly pressurized water, molten salt reactors dissolve the nuclear fuel directly into a liquid salt mixture. The molten salt serves as both the coolant and the fuel carrier. High pressures are not required and, if something does go wrong, the nuclear fuel is trapped in the salt. âItâs radioactive, but itâs contained,â Doug Robison said. âMolten salt reactors I believe are the most eloquent of the solutions.â
âOur reactor is sitting in the middle of Abilene right across the street from a dormitory,â he added. âThe reason we can do that is because we donât operate under pressure. We never lose containment.â

Oil and gas roots
Next will come the process of proving the viability of the reactors to investors, hyperscalers, and utilities. Thereâs a lot of noise and Natura will need to separate itself from the pack, Robison said.
âThereâs probably close to 100 projects out there now because thereâs so much money flying around,â he said. âWith data centers and AI, people are talking hundreds of billions of dollars. Thatâs going to attract a crowd.
âComing from the oil and gas background. Iâve never seen a [blueprint] drawing of a drilling rig. Either you have a rig or you donât,â he continued. âIf you donât have a rig, youâre not drilling, so you donât have any production. Thereâs nothing to talk about.â
That will change when the Abilene test reactor comes online, he said. Only a small handful of companies are actually building next-gen reactors right now.
âOur levelized cost of electricity, we think, will be competitive with natural gas, which means we can deploy power onto the grid at a cost that is competitive in the marketplace without subsidies and mandates,â Robison said.
Now Natura must prove it. âWe need to derisk to the point when the financial industry says, âNow, we believe it.â When they did it in the Permian with oil, when that money hit the table, everything changed. Steel mills opened up. Fracking mines opened up to provide sand. An industry was stood up, and we made the nation energy independent. Thatâs exactly what weâre doing now.â
But Natura isnât stopping at electricity.
Robison is eyeing West Texasâ Permian Basin as the first potential site for a commercial reactor becauseâin addition to the rising electricity needsâthe Permian also has a growing problem with handling the chemically polluted water extracted during oil and gas production.
The heat generated from the reactors can be used to desalinate water, Robison argued. Natura already is working with NGL Energy Partners, which has a large water solutions business.
At least one-quarter of the worldâs population doesnât have access to clean drinking water, he said, but Natura will start in Texas.
âWe can generate clean power. And we solve the air emissions issue in the Permian Basin. We start solving the water problem, and we return usable water to the inventory of Texas,â Robison said. âCheck, check, check.â
This story was originally featured on Fortune.com
