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Yo_Mama_Been_Loggin

(117,834 posts)
Tue Jan 28, 2025, 02:05 PM Tuesday

Helion gets $425M for its fusion goals

EVERETT — Helion received $425 million in new funding to expand its goal to build nuclear plants using fusion energy, the Everett fusion energy company announced Tuesday.

This boosts the overall total to more than $1 billion for its efforts to deliver carbon-free electricity without the drawbacks of traditional nuclear power, such as radioactive waste.

A who’s who of tech investors for Helion include Open AI CEO Sam Altman, Japanese investment firm’s SoftBank Vision Fund 2, Lightspeed Venture Partners, Facebook co-founder Dustin Moskovitz through the Good Ventures Foundation, Mithril Capital and the Capricorn Investment Group.

Altman is the Everett company’s biggest investor, already contributing at least $375 million.

https://www.heraldnet.com/news/helion-gets-425m-for-its-fusion-goals/

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Helion gets $425M for its fusion goals (Original Post) Yo_Mama_Been_Loggin Tuesday OP
There isn't enough tritium on this planet to run a fusion reactor for a year. NNadir Tuesday #1

NNadir

(35,006 posts)
1. There isn't enough tritium on this planet to run a fusion reactor for a year.
Tue Jan 28, 2025, 04:09 PM
Tuesday

ITER is likely to consume all of it.

What tritium there is is in Canada, a country that will soon wish to disassociate itself with the US.

Fusion energy, while popular, will fail to stop an extreme global heating event because the event underway.

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