General Fusion reactor will be built in Richmond
The company has raised $33.5 million to fund the machine, which it hopes will reach the coveted scientific breakeven — producing more energy than is consumed for the reaction — within three years.
General Fusion has announced the close of a CAD $33.5 million series F raise to fund the building of brand new hardware. The company hopes the new construction — a Magnetized Target Fusion (MTF) machine named Lawson Machine 26 (LM26) — will help it provide fusion energy to the grid b…