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General Fusion and Kyoto Fusioneering Sign MOU to Accelerate Commercialization of Magnetized Target Fusion

AGÊNCIA DE COMUNICAÇÃO Conteúdo de responsabilidade da empresa 11 de outubro de 2023

General Fusion

RICHMOND, British Columbia and TOKYO, Oct. 11, 2023 (GLOBE NEWSWIRE) — Today, General Fusion and Kyoto Fusioneering announced a Memorandum of Understanding (MOU) to accelerate the commercialization of General Fusions proprietary Magnetized Target Fusion (MTF) technology, aiming for grid integration in the early to mid-2030s. The companies will collaborate to advance critical systems for MTF commercialization, including the tritium fuel cycle, liquid metal balance of plant, and power conversion cycle.

Tritium, a hydrogen isotope and key fusion fuel, does not occur naturally and must be produced or bred in the fusion process. General Fusions game-changing commercial power plant design features a proprietary liquid metal wall that compresses plasma to fusion conditions, protects the fusion machines vessel components, and breeds tritium upon interacting with the fusion products. This design allows the machine to be self-sustaining, generating fuel for the life of the power plant while facilitating efficient energy extraction from the fusion reaction through a liquid metal loop to a heat exchanger.

Kyoto Fusioneering specializes in fusion power plant systems that complement the plasma confinement core, are applicable to various fusion confinement concepts, such as MTF, and are on the critical path for fusion commercialization. The complementary capabilities of both organizations will enable parallel development of key systems supporting MTF commercialization. Initial collaboration under this MOU will focus on liquid metal experimentation and fuel cycle system development at both the General Fusion and Kyoto Fusioneering facilities, such as establishment of balance of plant and power conversion test facilities, liquid metal loops, and vacuum systems.

Quotes:

Currently, our new machine, LM26, is on-track to achieve fusion conditions by 2025, and progress towards scientific breakeven by 2026, said Greg Twinney, CEO, General Fusion. Harnessing the unique technological and engineering expertise of Kyoto Fusioneering will be instrumental as we translate LM26s groundbreaking results into the worlds first Magnetized Target Fusion power plant.

“We’re thrilled to join forces with General Fusion. Our combined expertise will accelerate the path to commercial fusion energy, a critical step toward a sustainable, decarbonized future,” said Satoshi Konishi, Co-founder and Chief Fusioneer, Kyoto Fusioneering.

Quick Facts:

About General Fusion
General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Richmond, B.C. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders and technology pioneers. Learn more at generalfusion.com.

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About Kyoto Fusioneering
Kyoto Fusioneering, established in 2019, is a privately funded technology startup with facilities in Tokyo and Kyoto (Japan), Reading (UK), and Seattle (USA). The company specialises in developing advanced technologies for commercial fusion power plants, such as gyrotron systems, tritium fuel cycle technologies, and breeding blankets for tritium production and power generation. Working collaboratively with public and private fusion developers around the world, Kyoto Fusioneerings mission is to make fusion energy the ultimate sustainable solution for humanitys energy needs.

Explore more about KFs vision for the future of energy at www.kyotofusioneering.com/en/ or by contacting media@kyotofusioneering.com 



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