Topic: scientific breakeven
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Top Fusion Startups With $100M+ in Funding
The pursuit of commercial fusion power has accelerated due to major technological advances and a key 2022 scientific milestone, attracting billions in private investment. Leading companies like Commonwealth Fusion Systems, TAE Technologies, and Helion are pursuing diverse reactor designs with sub...
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The $100M+ Fusion Startups: Who's Leading the Charge?
Fusion energy has advanced significantly with over $10 billion in private investment, driven by breakthroughs in computing, materials science, and plasma confinement. A key milestone was achieved in 2022 when a U.S. lab reached scientific breakeven, producing more energy from fusion than was inpu...
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Nvidia, Google, Bill Gates Back $863M Fusion Energy Funding
Commonwealth Fusion Systems raised $863 million from investors including Nvidia and Google, bringing its total funding to nearly $3 billion and highlighting growing confidence in commercial fusion energy. The company is building a prototype reactor, Sparc, aiming to achieve scientific breakeven b...
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General Fusion to Go Public in $1 Billion Reverse Merger
General Fusion is pursuing a reverse merger with a SPAC to go public, a move that could provide up to $335 million in new capital and value the company at around $1 billion. The funding is intended to complete its LM26 demonstration reactor, which uses a unique, piston-driven inertial confinement...
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Zap Energy's New Fusion Device Achieves Record Pressure
Zap Energy unveiled its Fuze-3 fusion reactor, achieving record plasma pressure levels and advancing its goal to supply grid electricity by the early 2030s. The device compressed plasma to over 232,000 psi and heated it to 21 million degrees Fahrenheit, setting a new benchmark for sheared-flow-st...
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