Real-World Nuclear Fusion: Startup Secures Over $7 Million for Energy Machine
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. Current-day nuclear power plants are based on nuclear fission, which harnesses the energy created from splitting atoms. Fusion energy is produced when the nuclei of two light atoms come together to form a bigger atom....
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