A Fusion concept gets Serious private sector Funding
Lawrenceville Plasma Physics, Inc. (LPP) has announced the signing of its first licensing agreement for the manufacture, distribution and marketing of focus fusion reactors... The agreement gives Center for Miljo-och Energiforskning (CMEF), a Swedish firm, a license to manufacture, market and distribute focus fusion reactors in the European Union and Norway in return for phased payments to LPP of $10 million...Payments past the initial yearÂ’s $600,000 will be conditional on proof of the scientific feasibility of focus fusion.....
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This requires, among other tough tasks, getting plasma to behave properly. However, this is real money from non govt. sources. The LLP folks must also have a lot of money that is not mentioned in the article because they hope to produce a mini prototype by 2012
Posted by: mhw 2008-05-29 |