MIFTIExternal Link Icon V2

Funding Information

DateAmountTypeFundersDescription
May 09, 2017
$1,600,000Investment RoundSeed
October 01, 2015
$4,598,239Cooperative AgreementALPHA
Total:$6,198,239

Description

Magneto-Inertial Fusion Technologies, Inc (MIFTI) was founded in 2008 by researchers at the University of California Irvine. MIFTI is headquartered in Tustin, California and their founders are Gerald Simmons, Dr. Hafiz Ur Rahman, and Arshad Mohammad.

MIFTI’s approach is a Staged Z-pinch and is based on research developed at UC Irvine.

MIFTI has received funding from the U.S Department of Energy’s ARPA-E program and venture capital.

MIFTI’s strategy is to pursue three related objectives, “clean, safe, environmentally friendly energy; life-saving diagnostic/treatment products for nuclear medicine; and transmutation of nuclear waste products associated with fission power reactors.”

Projects

Patents

Key Individuals

Gerald Simmons, CEO

Dr. Hafiz Ur Rahman, President and Chief Scientist

Arshad Mohammad, COO/CFO

Formation Date

2008

Location

Tustin California USA