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

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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.

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

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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.

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Chevron invests in nuclear fusion start-up Zap Energy

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a Seattle-based start-up company developing a next-generation modular nuclear reactor with an innovative approach to advancing cost-effective, flexible, and commercially scalable fusion. Viable fusion energy approaches must confine high-temperature plasmas at sufficient density for long durations. Resources. “

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General Fusion and UK Atomic Energy Authority (UKAEA) announce collaborative agreement to advance commercial fusion energy

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General Fusion and the UK Atomic Energy Authority (UKAEA) kicked off projects to advance the commercialization of magnetized target fusion energy as part of a collaborative agreement. The results will hone the design of General Fusion’s demonstration machine being built at the Culham Campus, part of the UK fusion cluster.

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Eni signs new collaboration agreement with CFS to support development of commercial fusion energy

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Eni and Commonwealth Fusion Systems (CFS), a spin-out of the Massachusetts Institute of Technology (MIT) signed a Collaboration Framework Agreement with the aim of accelerating the industrialization of fusion energy. Eni says CFS has the fastest pathway to commercial deployment of fusion energy.

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

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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.

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ARPA-E to award up to $10M to study cold fusion (LENR)

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The US Department of Energy (DOE) announced up to $10 million in funding ( DE-FOA-0002784 ) to establish clear practices to determine whether low-energy nuclear reactions (LENR) could be the basis for a potentially transformative carbon-free energy source. Multiple books recount the history of “cold fusion” (now known as LENR).

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