Real-World Nuclear Fusion: Startup Secures Over $7 Million for Energy Machine

Real-World Nuclear Fusion: Startup Secures Over $7 Million for Energy Machine
NGC 2818 is a beautiful planetary nebula, the gaseous shroud of a dying sun-like star. It could well offer a glimpse of the future that awaits our own Sun after spending another 5 billion years or so steadily using up hydrogen at its core, and then finally helium, as fuel for nuclear fusion. NASA, ESA, Hubble Heritage Team, STScI / AURA
Naveen Athrappully
Updated:

A German Startup has secured millions in funding to develop a fusion energy machine that could potentially generate energy free of carbon emissions.

The Munich-based startup Proxima Fusion designs fusion power plants based on the stellarator concept, with the first plant planned for sometime within the 2030s, the company said in a May 30 press release (pdf). Stellarator is one of the technologies that experts believe could lead to real-world fusion power. The firm has raised seven million euros ($7.48 million) as pre-seed funding.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
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