Businessnewshubb
Advertisement
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us
No Result
View All Result
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us
No Result
View All Result
Businessnewshubb
No Result
View All Result
Home Startup

Breakthrough fusion power announcement expected tomorrow. Here’s what it means • TechCrunch

December 12, 2022


Overnight, news broke that the National Ignition Facility, a U.S. government research lab, was the first to achieve net-positive nuclear fusion. When lasers hit the tiny fuel pellet, it created an explosion that released more energy than the lasers delivered.

For decades, fusion power has been just around the corner. Is this the moment we’ve all been waiting for?

Maybe.

First, the details: The Financial Times reported yesterday that the NIF had sparked a fusion reaction that generated 2.5 megajoules of energy, about 20% more than the 2.1 megajoules of laser energy that zapped the fuel pellet. If that holds up under scrutiny, it represents the first time that a controlled nuclear fusion experiment of any kind produced more power than it consumed.

The Lawrence Livermore National Laboratory, which houses the facility, has so far refused to confirm the report. But three outlets — the Financial Times, The Washington Post and Bloomberg — all cited sources familiar with the experiments. Energy Secretary Jennifer Granholm and Jill Hruby, the undersecretary for nuclear security, are expected to make an official announcement tomorrow.

“If this report is true, then this is just a huge scientific achievement in the pursuit of fusion,” said Carolyn Kuranz, an associate professor at the University of Michigan who has performed experiments at the NIF.

Investors have grown bullish on fusion in recent years, plowing $2.7 billion into startups in the last year alone. Advances in high-temperature superconductors, computing power and artificial intelligence have coincided to propel the field forward at a remarkably fast pace.

High-profile names like Breakthrough Energy Ventures, Khosla Ventures and Chris Sacca’s Lowercarbon Capital have made some significant investments in fusion power startups in recent years.

“There couldn’t be a more significant step toward fusion than what NIF has accomplished,” Sacca told TechCrunch. “So today we offer the naysayers our thoughts and prayers.”



Source link

Previous Post

Movement51, CIWA secure $861,980 from PrairiesCan to support women entrepreneurs, investors

Next Post

AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data – Market Updates Bitcoin News

Next Post

AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data – Market Updates Bitcoin News

Innovobot holds initial close of targeted $40 million fund to invest in “deep tech for good”

Uber's food delivery platform agrees to pay severance to couriers let go ahead of Spain's Riders Law • TechCrunch

SOL Hits 3-Week High, as ADA Consolidates Ahead of FOMC Meeting – Bitcoin News

Ferme d’Hiver raises $46 million CAD to replace 10 percent of Canada’s strawberry imports

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Even as cloud infrastructure market growth slows, Microsoft continues to gain on Amazon • TechCrunch

by admin
February 6, 2023

It was a rough quarter for the cloud infrastructure market as companies looked for ways to cut back on spending...

Mark Usher named CIBC Innovation Banking lead after Mark McQueen announces departure

by admin
February 6, 2023

Usher follows in footsteps of former Wellington Financial colleague Mark McQueen, who is leaving for other endeavors. CIBC Innovation Banking...

10 E-commerce Strategies to Weather an Economic Downturn » Succeed As Your Own Boss

by admin
February 6, 2023

According to Bloomberg’s December 2022 survey, economists say there is a 70 percent chance that the US will experience a...

More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain – Bitcoin News

by admin
February 6, 2023

Ordinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the...

business-news-hubb-white

© 2022 Business News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Categories

  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us

Newsletter Sign Up.

No Result
View All Result
  • Home
  • World
  • Business News
  • Markets
  • Startup
  • Contact Us

© 2022 Business News Hubb All rights reserved.