One of the members of its institute called AIAS works at the US Department of Energy. And guess what the DoE is currently investigation cold fusion!!! Think about it, moles in the establishment making it happen.
Before you get all excited, 99% of DOE's research into new technologies and alternative energy has zero chance of ever coming to commercial operation. They are as kooky as anyone--really more so. They have never seen anything too outlandish that they wouldn't spend government dollars to look into it. Especially if those government dollars would be spent at METC in Byrd's back yard.
I don't know if they are too gullible, doing a good job and looking into anything that might be helpful, just pandering to Byrd or simply throwing money at other things so they can't be accused of being shills for nuclear power.
Probably some combination of all of the above.
Sort of like asking NASA if a space station is possible.