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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