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Shiny Happy Future: SHINE-Phoenix Merger Focused On Advancing Fusion Technology

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A nuclear technology company and a medical isotopes company have merged

research facility. These advanced HTS magnets produce higher magnetic fields than were previously possible, meaning fusion systems can be made smaller and cheaper.

The efficiency of the gas-target source is limited, so they will need to step up to firing the accelerator beam into a plasma instead. This will be their major commercialisation effort over the coming year. Piefer expects that the Phase 3 device will produce energy of only about one tenth of energy breakeven, but it’s enough. They will be practicing at fusion, working on increasing the output, while providing value and generating revenue by transmuting radioactive waste.

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Shiny Happy Future: SHINE-Phoenix Merger Focused On Advancing Fusion TechnologyA nuclear technology company and a medical isotopes company have merged. But the wider story is of the maturing fusion energy industry and the mission of one man to deliver a socially game-changing technology whilst delivering social value each step of the way. Could this be the Elon Musk of energy?
Source: Forbes - 🏆 394. / 53 Read more »