Helion announced that it raised $425 million in a Series F funding round, which will be used to scale up manufacturing and accelerate the construction of its first fusion power plant in the U.S.
EX-Fusion announced the start of joint development with J-TEC Corporation to create next-generation high-performance reflective mirrors, leveraging their combined advanced technologies in precision processing, optics, and control.
Pacific Fusion announced the establishment of a Cooperative Research and Development Agreement with Sandia National Laboratories to collaborate on pulsed magnetic fusion technology and high-yield fusion capabilities.
LPPFusion ended its crowdfunding campaign on StartEngine on December 13, 2024, and began a new Regulation offering open to accredited investors worldwide on December 16, 2024, due to issues with StartEngine's communication and exclusivity restrictions.
LPP Fusion announced the start of tests with hydrogen-boron fuel in their FF-2B fusion device, with initial shots occurring on November 1 and 4, though conditions for fusion were not yet achieved.
An Ignition Computing-led consortium, including CEA and Université Côte d’Azur, has been awarded a contract to develop a Pulse Design Simulator for the ITER fusion project, which will utilize various simulation codes and tools to model the operation of the ITER tokamak.
EX-Fusion, a university-originated deep tech startup in Japan aiming to commercialize laser fusion energy, joined the Japan Business Federation (Keidanren) on November 1, 2024, to collaborate on energy and technology development.
EX-Fusion announced it raised a total of 1.1 billion yen in a pre-Series A funding round, bringing its total funding to 3.03 billion yen. The company is developing laser-based nuclear fusion technology aimed at commercial energy production.
Pacific Fusion announced on October 25, 2024, that it is developing a pulsed magnetic inertial fusion system aiming to achieve net energy gain, with over $900 million in funding secured from investors including General Catalyst and others.
LPP Fusion conducted tests with new beryllium electrodes, reducing the number of filaments from 128 to 64 to improve plasma compression, and is preparing to start hydrogen-boron fusion shots.
LPPFusion has received nearly $1 million in new investments from its investor syndicate established earlier in the year, totaling $990,000 including pledges, which will fund hiring a new research scientist.
LPPFusion published a peer-reviewed paper in Focus Fusion Frontiers in Physics detailing their preparations for pB11 fusion tests using decaborane fuel and diagnostic instruments to measure plasma reactions, based on a presentation at an international workshop.
LPP Fusion's research scientist completed the assembly of FF-2B with modified beryllium electrodes, and a bake-out process has begun to prepare for fusion testing with boron and hydrogen reactions.
LPP Fusion researchers confirmed that filaments in their DPF devices are disrupted before forming the plasmoid, supporting Lerner's hypotheses, through imaging that shows filaments disappearing around 1100 nanoseconds during the pulse.
LPPFusion received a $308,000 investment, the largest in seven years, bringing their syndicate close to its $1 million goal to fund laboratory research and hiring.
LPP Fusion's research team completed control experiments with tungsten electrodes and is planning to test beryllium electrodes and hydrogen-boron fuel in September. The July tests optimized the preionization circuit, doubling fusion yield at higher gas pressures.
LPPFusion is working on optimizing their fusion device at higher fill pressures, having achieved record fusion yields at over 26 torr, and is addressing technical challenges such as equipment moisture and electromagnetic pulse protection.
LPPFusion reports that their gamma ray spectrometer measurements indicate a plasma electron temperature of approximately 420 keV (4.6 billion Kelvin), which is hotter than their previous ion temperature record from 2016.
LPP Fusion announced the start of a collaboration with Arun Kumar from the Indian Institute of Technology Hyderabad to simulate the quantum magnetic field effect (QMFE), which is important for achieving net energy production in hydrogen-boron fusion experiments.
LPP Fusion reported raising $150,000 from 169 investors through its Wefunder campaign, which is behind its planned monthly fundraising target of $100,000, with a goal to reach $200,000 by June 25.
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