article thumbnail

General Fusion announces funding to build new fusion machine targeting scientific breakeven by 2026

Green Car Congress

Canada-based General Fusion announced a new Magnetized Target Fusion (MTF) machine that will fast-track the company’s technical progress. An animation showing how General Fusion’s Magnetized Target Fusion technology works. An animation showing how General Fusion’s Magnetized Target Fusion technology works.

Fusion 369
article thumbnail

General Fusion receives two funding awards from DOE to advance Magnetized Target Fusion technology

Green Car Congress

The US Department of Energy has selected General Fusion for two new funding awards through the Office of Fusion Energy Science’s Innovation Network for Fusion Energy (INFUSE) program. In MTF, a magnetized plasma target formed into a liquid metal flux conserver (liner) is rapidly compressed to fusion conditions.

Fusion 321
article thumbnail

Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

Green Car Congress

TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

Fusion 250
article thumbnail

DOE awarding $46M to 8 companies to support commercial fusion energy development

Green Car Congress

The US Department of Energy (DOE) announced $46 million in funding ( DE-FOA-0002809 ) to eight companies advancing designs and research and development for fusion power plants. This funding is from the Milestone-Based Fusion Development Program. The awardees are: Commonwealth Fusion Systems (Cambridge, MA). Realta Fusion Inc.

Fusion 305
article thumbnail

PPPL researchers find way to build high-temperature superconducting magnets for fusion devices

Green Car Congress

Such powerful magnets would more easily fit within the tight space inside spherical tokamaks, which are shaped more like a cored apple than the doughnut-like shape of conventional tokamaks, and are being explored as a possible design for future fusion power plants. Collage by Kiran Sudarsanan).

Fusion 418
article thumbnail

TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

Green Car Congress

After achieving temperatures greater than 75 million degrees Celsius and demonstrating unmatched real-time control of plasma with its fifth-generation fusion research reactor, Norman, TAE Technologies has secured strategic and institutional investments to fund the construction of its next research reactor, the sixth-generation Copernicus.

Fusion 243
article thumbnail

DOE announces $29M in funding for fusion energy technology development

Green Car Congress

The US Department of Energy announced $29 million in funding for 14 projects as part of the Galvanizing Advances in Market-aligned fusion for an Overabundance of Watts (GAMOW) program, which is jointly sponsored by ARPA-E and the Office of Science–Fusion Energy Sciences (SC-FES). Earlier post.). University of California, San Diego.

Fusion 249