Kyle Bass Blasts US Gov't For Giving China 'Micro Nuclear Battery' Tech

Dallas-based hedge fund manager criticizes the US Department of Energy for transferring nuclear battery technology to China. The manager expressed concerns over the decision to hand over the technology to the Chinese government and emphasized that the technology was not stolen but given as part of a sublicense. A previous investigation found that the agency allowed the technology and jobs to move overseas, violating its own licensing rules. The Chinese company involved, named Betavolt, recently announced the development of an atomic energy battery with a long lifespan and potential applications in various industries. The criticism raises questions about why the DoE allowed China to obtain this technology.