Two years ago, German fusion startup Proxima 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.
Tokamaks and Stellarators are types of fusion reactors that contain 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. In theory, it allows for better stability and continuous operation.
However, according to Dr. Francesco Sialtino, co-founder and CEO of Proximous Fusion, Proxima’s “Stellalis” design is the first peer-reviewed fusion power plant concept that can ensure it is working continuously and continuously without the instability and disruption seen in tokamak and other approaches.
Proxima has published its Fusion Engineering and Design findings and chose to publish this information to support open source science.
“Our American friends can see it. Our Chinese friends can see it. Our argument is that we can do this faster than anyone else, and we do it by creating an integrated framework of 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 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.
Ian Hogarth, a partner at Plural, one of Proxima Fusion’s earliest investors, added: We will prove it to you. ” And they did. Stellaris positions Qi-hts Stellaris as the key technology in the global competition for global fusion. ”