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Funding Information

DateAmountTypeFundersDescription
September 30, 2015
$3,971,263Cooperative AgreementALPHA
July 06, 2015
$10,614,202Investment RoundSeries B
August 12, 2014
$1,499,986Investment RoundSeries A
August 09, 2014
$120,000Investment RoundSeed
Total:$16,205,451

Description

Helion Energy is headquartered in Redmond, Washington and was founded in 2013 by David Kirtley, George Votroubek, Chris Pihl, and John Slough.

Helion’s fusion approach is involves generating and compressing a FRC (Field Reversed Configuration) plasma. This approach falls into the broad category of MIF (Magneto Intertial Fusion).

Helion has raised money from private investment firms and the US Department of Energy's ARPA-E program.

Helion’s strategy is to engineer a smaller and cost effective fusion power plant with the goal of commercialization as soon as possible. Helion is pursuing the deuterium helium-3 fusion reaction because it generates mostly charged particles that allow for the direct conversion to electricity and reduces the amount of neutron activation in the surrounding materials. However, this reaction requires much higher ion temperatures than the the deuterium - tritium reaction which most fusion concepts pursue.

Projects

Patents

Key Individuals

David Kirtley, CEO

George Votroubek, Principal Scientist

Chris Pihl, CTO

Formation Date

2013

Location

Redmond Washington USA