Previous 2008 Design: Self-regulating, Uranium Hydride Reactor
In 2008 and 2009, Hyperion planned to initially commercialize a small, modular self-regulating, uranium hydride reactor, based on a design by Dr. Otis G. Peterson, formerly of Los Alamos National Laboratory, (with United States patent application #11/804,450) for a unique modular nuclear reactor design that Peterson developed while working for LANL. According to the U.S. Nuclear Regulatory Commission, Dr. Peterson has licensed the pending patent to Hyperion Power Generation, Inc.
In November 2008, the Nuclear Regulatory Commission (NRC) indicated that investigation of the design is not expected to begin until February 2009 and that they expect "that it will take significant time to ensure safety requirements."
As of September 2009, Hyperion expected to sell 4,000 units of the "2008-design" version of its Hyperion Power Module, at an estimated US$25–30 million each, and expected to ship its first unit in June 2013, before the company moved on to a second-design in 2009. In early 2009, the company had more than 100 orders for the "2008-design", with plans to build manufacturing facilities in the United States, the United Kingdom, and Asia.
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