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Science & Technology
A Fusion concept gets Serious private sector Funding
2008-05-29
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

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