Fusion Power Market Surge

This is a news story, published by TechCrunch, that relates primarily to First Light news.

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fusion industry

TechCrunch

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Every fusion startup that has raised over $100M | TechCrunch

Summary

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81% Informative

Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.

The technology promises to harness the nuclear reaction that powers the sun to generate nearly limitless energy here on Earth .

If startups are able to complete commercially viable fusion power plants, they have the potential to upend trillion-dollar markets.

First Light doesn’t use magnets to generate the conditions necessary for fusion.

Tokamak Energy uses superconducting magnets to keep its plasma confined.

First Light fires a projectile at a target using a two -stage gun.

Marvel Fusion uses the same basic technique that the National Ignition Facility used to prove that controlled nuclear fusion reactions could produce more power than was needed.

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English

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