Marvel Fusion lands $70M for laser-powered fusion bet [TechCrunch]
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Source: TechCrunch
Two, use intense lasers to make a succession of even smaller stars, but repeat the process several times per second. Moritz von der Linden likes his odds with the latter. In a world racing to wean itself off fossil fuels, fusion power promises to be an effectively limitless supply of energy, using widely available materials to recreate conditions that are hotter than the surface of the sun. But most analysts believe commercial fusion power is still at least a decade away, and it's up against renewable energy and battery storage, which continue to grow cheaper by the year. “Fusion has to come fast and it has to come cheap,” the co-founder and CEO of Marvel Fusion told TechCrunch. “Otherwise nobody needs it, and nobody will be willing to pay for it.” Marvel Fusion is one of several companies pursuing what's known as inertial confinement fusion. It's the same basic approach used at the National Ignition Facility, a Department of Energy lab which proved in 2022 that controlled fusio
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