Layoffs hit General Fusion as the fusion power startup runs short on cash

General Fusion put at least 25% of his workers last week, a few days after hitting the main stage The most recent fusion display device.

CEO Greg Twinney, although the new LM26 device can squeeze a plasma, sent an open letter on the company’s website – something necessary for Fusion Terms – Common fusion worked briefly from money. Wrote “[T]The landscape of the room financing is more difficult for investors and governments to quickly change and manage an indefinite political and market climate. “

The 23-year-old company described as a start of many, is the leading entrance to the competition for the power of Canada’s commercial fusion. According to the coastal book, $ 440 million, including $ 22.66 million in a period of $ 22.66 million. Supports include Jeff Bezos, Temasek and the BDC capital. However, this money was not enough to show that the company’s unique approach to the fuzzy approach is favorable.

General Fusion’s hunger emphasizes the difficulties facing the fusion industry.

To date, only one device was able to hit a stage with a staged stage, history, but a non-commercial stage. The reactors to hit the commercial breaken are so far they have to produce more energy.

The road to these stages cost an unusual cost. Although the Tally Fixion can look tally effective, it the middle of the front. Unity Fusion Systems Rose more than $ 2 billion, Vasyon Drew more than $ 1 billion and up Pacific Ocean Fusion $ 900 million was pledged to the series.

Part of the difficulty of the total fusion is to take a different approach from many opponents.

Most Fusion Starts follows one of two ways: magnetic arrest or inertial arrest. The past is compressed using magnetic fields to manage the plasmine until the nuclear conditions reached for the nuclear. The last approach usually uses lasers to squeeze the fuel granule.

On the other hand, on the other hand, the steam is trying to use the steam management pistons to squeeze the fuel. US Navy attempted something similar In the 1970s, it does not give any results, but a common fusion, the previous attempts of modern computers can solve some time problems. It should still show this thing, but it should be completed, LM26, LM26 should be able to reach the scientific breakeven.

Now the company will have to collect more money – and it is a vital opponent, if he wants to prove his approach to his approach.