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Nuclear fusion startup Xcimer raises $100M to chase laser-based power

Eric Wesoff of Canary Media reports on a nuclear fusion startup called Xcimer.

The C3 Take
  • Xcimer Energy has raised $100 million to pursue nuclear fusion as a source of abundant, clean energy by developing powerful laser technology to control the fusion reaction.
  • The Denver-based startup aims to create laser beams far more powerful, efficient and lower-cost than those used in recent fusion breakthroughs like the National Ignition Facility’s laser-driven experiment.
  • Xcimer says it is leveraging laser technologies originally developed for the Strategic Defense Initiative to achieve major advancements in inertial confinement fusion that could generate practical, grid-scale fusion energy.

“To achieve the fusion reaction, hydrogen must be converted into plasma, a state of matter in which negatively charged electrons separate from positively charged atomic nuclei in a sort of atomic particle soup. The transformation to plasma requires temperatures on the order of one million degrees.”

Read more here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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