Two years ago, German fusion startup Porxima Fusion published plans for the Working Fusion Power Plant in a peer-reviewed journal.
While today’s nuclear fission reactors produce radioactive waste, fusion releases enormous amounts of energy, with zero carbon emissions and minimal radiation.
The so-called tokamak and stellarator are types of fusion reactors containing fusion plasma using electromagnets. Tokamaks relies on external magnets and inductive plasma currents, but is known for their instability. In contrast, the stellarator uses only external magnets that in theory allow for better stability and continuous operation.
However, according to Dr. Francesco Cioltino, co-founder and CEO of ProxiMfusion, Proxima’s “Stellalis” design can ensure it works continuously without the instability and disruption seen in Tokamak. The first peer-reviewed fusion power plant concept. Other approaches.
Featured in “Fusion Engineering and Design,” Proxima chose to publish its findings to support open source science.
“Our American friends can see it. Our Chinese friends can see it. Our claim is that we can do this faster than anyone else. That’s what we do by creating integrated frameworks for physics, engineering and economics. Sciortino told TechCrunch over the phone.
“As a group of founders, we said it would take two years to get to Stellaris design. In fact, it ended in a year. So we accelerated by the year,” he said. added.
Founded two years ago, Proxima raised $35 million in funding from the European Union and the German government, raising $30 million in venture capital. The company aims to build a fully operational fusion reactor by 2031.
Competitors include Commonwealth Fusion Systems, backed by Bill Gates’ venture fund breakthrough energy ventures.
“When Proxima began his journey, the founder said, ‘This is possible, I will prove it to you,” said Ian Hogarth, a partner at Plural, one of Proxima Fusion’s oldest investors. . And they did. Stellaris positions Qi-hts Stellaris as the key technology in the global competition for global fusion. ”
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