Helion secures commercialize fusion energy

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kafa88
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Helion Energy, a clean energy company, is committed to creating a new era of zero carbon electricity through convergence. Announces $0.5 billion Series E closure with an additional $1.7 billion in commitments related to specific milestones.The round was led by OpenAI CEO Sam Altman and former chairman of Y Combinator, an existing investor. Facebook co-founder Dustin Moskovitz,

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Peter Thiel's Mithril Capital and well-known sustainable tech investor Capricorn Investment Group also participated in the round. The funding includes an additional $1.7 billion in commitments tied to Helion in achieving significant performance. The all-round leader, Altman, has been involved in the company as an investor and chairman since 2015.Fusion energy is a hot dream for clean energy lovers.

Since the first controlled thermonuclear fusion was achieved 60 years ago, this technology has guaranteed all the benefits of today's nuclear fission generators. with little risk It has much less radioactivity when working. and very little radioactive waste. There's one catch: Until now, it's been difficult for the fusing process to generate more energy than it used to to control the reaction.

Helion focuses less on fusion in science experiments. And the more important question is: can their technology produce commercial and industrial electricity?

“Some projects in the fusion area talk about heat, power or anything else. Helion focuses on electricity generation. Can we get it out quickly for a low cost? Can we bring it to industrial energy?” asked Helion Co-Founder and CEO David Kirtley. “We are building a system that is the size of a shipping container. and can transmit power on an industrial scale say according to the order of 50 megawatts of electricity"
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