The American company Helion, which focuses on nuclear fusion, received an investment of $ 500 million (approximately CZK 11 billion) in the last investment round. The company plans to introduce a prototype that will be economically viable by 2024.
Investors have shown in the last round of investment that they are interested in nuclear fusion. Headquartered in Everett, Washington, Helion was valued at $ 3 billion with a half-billion investment. In addition, the company conditionally acquired others $ 1.7 billion if it reaches specific milestones.
Helion is no newcomer to the investment world. The company has already gained considerable popularity among investors in the past. Current investors include Peter Thiel and Dustin Moskovitz, co-founder of Facebook.
The main milestone on the way to the prototype is the year 2024. Until then, the company should present a functional prototype called Polaris. It should be the size of two shipping containers and should provide electricity for up to 40,000 households.
“Fusion has a real future to be part of the debate on climate change and clean energy,“said Helion CEO and Founder David Kirtley.
According to Kirtley, other companies in the field of nuclear fusion are adjusting the time schedule in order to present the final product as soon as possible. According to him, there are now more than 40 private merger companies.
The leading investor in the investment round was Sam Altman, a pioneer in the field of artificial intelligence. According to him, the company’s goal is to produce not only clean electricity, but mainly affordable.
“I hope our idea is the best. But my main concern is for anyone to complete the development of nuclear fusion as quickly as possible and bring the technology to the global market,” dodal Altman.
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