One fusion startup is betting that a 70-year-old idea can help it leapfrog the competition, so much so that itโs planning to skip the experimental phase and hook its prototype reactor up to the grid.
The decades-old concept, known as a stellarator, is deceptively simple: design a fusion reactor around the quirks of plasma, the superheated particles that fuse and generate power, rather than force the plasma into an artificial box. Easier said than done, of course. Plasma can be fickle, and designing โboxโ around the fourth state of matter is fiendishly complex.
Thatโs probably why stellarators spent years in the fusion-equivalent of the desert while the simpler doughnut-shaped tokamak ate everyoneโs lunch, and nearly all of their research funding.
But not all of it. Type One Energy is the brainchild of a handful of physicists steeped in the stellarator world. One built the HSX stellarator at the University of Wisconsin-Madison, two more performed experiments on it, and a fourth worked on the Wendelstein 7-X reactor, the worldโs largest stellarator.
Together, they founded Type One in 2019 and nudged forward their approach to fusion at a steady pace. The company wasnโt in stealth โ TechCrunch+ identified it as a promising fusion startup last year โ but it was operating on a slim budget.
Fusion startup Type One Energy gets $29M seed round to fast-track its reactor designs by Tim De Chant originally published on TechCrunch