Colorado State University and a German technology company are teaming up on what is expected to be one of the most powerful laser facilities in the world and a major step in the quest to commercialize fusion energy, long seen as a potential source of carbon-free power.
US government scientists have achieved net energy gain in a fusion reaction for the second time, a result that is set to fuel optimism that progress is being made towards the dream of limitless, zero-carbon power.
Meet the startups attracting investor attention and leading the race for nuclear fusion energy.
$1.4B has been raised and 13 fusion start-ups have launched in the past year globally. But the industry now faces a valley of death as it tries to attract fresh money to build nuclear fusion prototypes.
A new U.S. startup led by a Nobel Prize-winning electronics engineer aims to build a nuclear fusion reactor by around 2030, making it the latest company seeking to harness the power of stars.
High-temperature superconducting tape is behind one hope for a tinier tokamak
Investment in the global fusion industry has now reached a cumulative USD6.21 billion, up from USD4.8 billion a year ago, according to the third annual Global Fusion Industry Report from the Fusion Industry Association. The report surveyed 43 private fusion companies, up from 27 a year earlier.
Total investment in the fusion industry has reached $6.21 billion, up from $4.8 billion last year, according to the Fusion Industry Association (FIA).
“In Everett, WA, nuclear fusion is no longer 10 years away.” Zap Energy and Helion are highlighted in IEEE.
Since the 1950s, fusion and its promise of near-limitless, emission free energy has always been 20 years away, so the old joke goes. But no longer. Today, fusion is expected to be on the grid in the next decade and will create opportunities for the civil engineering sector too.