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General Fusion Secures $33.5 Million for Fusion Energy Advancements

August 9, 2023 by Newsdesk

General Fusion’s latest Magnetized Target Fusion (MTF) machine, dubbed Lawson Machine 26 (LM26), promises to revolutionize fusion technology.

With a targeted fusion temperature of 100 million degrees Celsius by 2025 and a move towards scientific breakeven by 2026, the company accelerates its Demonstration Program. LM26 integrates plasma injector PI3 with a lithium liner compression system, aiming for efficient energy confinement.

This achievement is bolstered by $33.5 million in funding, led by BDC Capital and GIC, along with the Government of British Columbia. General Fusion’s cost-effective approach brings grid power via fusion closer.

Want to know more? Check out the source code on Techcouver.

Filed Under: News Tagged With: General Fusion

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