Interups Inc (ITUP)

[RealDutch]

Perhaps we should invest. This can solve climate change for us.

First Light Fusion has raised a total funding of $105M over 4 rounds. It's first funding round was on Jul 01, 2011. It's latest funding round was a Series C round on Feb 14, 2022 for $45M. 5 investors participated in it's latest round, lead by IP Group, Oxford Science Enterprises, Hostplus, Tencent.

To understand the principle, I think it works roughly like this.

A fusion reaction only occurs at extreme temperatures (in the core of the sun). These extreme temperatures are the result of extreme gravitational force on the core (which you get with very large objects like the sun), which in turn results in a fusion reaction. Which gives us "free" energy.

We are mimicking the gravitational force of the sun by using an implosive force that is 20x larger than the initial projectile (fired at it). This causes the heat, which in turn will result in a fusion reaction. Very interesting stuff. And probably much cheaper than the fusion reactor that other people are trying to build.