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Tag: General Fusion

Cracks are starting to form on fusion energy’s funding boom
  • Technology

Cracks are starting to form on fusion energy’s funding boom

Admin2 months ago09 mins

It happens in every emerging industry: founders and investors push toward a common goal, until the money starts to roll in and that shared vision begins to diverge. Cracks are emerging in the fusion power world, which I saw firsthand at The Economist’s Fusion Fest in London last week. It didn’t dampen the overall buoyant…

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Struggling fusion power company General Fusion gets M lifeline from investors
  • Technology

Struggling fusion power company General Fusion gets $22M lifeline from investors

Admin10 months ago06 mins

General Fusion, a Canadian nuclear fusion energy startup, announced today that it had been thrown a lifeline in the form of $22 million in fresh funding. The company had laid off at least 25% of its employees in May in a bid to shore up its stretched finances. At the same time, CEO Greg Twinney…

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Struggling fusion power company General Fusion gets M lifeline from investors
  • Technology

#General Fusion fires up its newest steampunk fusion reactor

Admin1 year ago06 mins

General Fusion announced on Tuesday that it had successfully created plasma, a superheated fourth state of matter required for fusion, inside a prototype reactor. The milestone marks the beginning of a 93-week quest to prove that the outfit’s steampunk approach to fusion power remains a viable contender. The reactor, called Lawson Machine 26 (LM26), is…

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