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Fusion power startups attract billions in investment
TechCrunch·
Numerous startups are making significant strides in harnessing fusion power, attracting over $10 billion in investment. Driven by increasing energy demands from data centers and advancements in technology, these companies are closer than ever to building commercial fusion reactors. Fusion power generates electricity by fusing atoms, a process humans have understood for decades but struggled to control for power generation. While experimental devices have achieved scientific breakeven, producing more energy than consumed, creating a surplus for a power plant remains the key challenge. Startups are exploring diverse approaches, including magnetic confinement using powerful superconducting magnets and inertial confinement utilizing high-powered lasers to compress fuel pellets.
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