Fusion Industry Association

SHINE Executives to Speak at Fusion Industry Association Annual Conference and CERAWeek Innovation Agora

Retrieved on: 
Tuesday, March 19, 2024

JANESVILLE, Wis., March 19, 2024 /PRNewswire/ -- SHINE Technologies, a next-generation fusion company, announced Greg Piefer, founder and CEO, and Ross Radel, CTO, will present at energy conferences this week: the Fusion Industry Association (FIA) Annual Conference in Washington, D.C., and the CERAWeek Innovation Agora in Houston, Texas.

Key Points: 
  • Sessions at prestigious energy conferences set to drive fusion energy dialogue, reinforcing commitment to commercialization and nuclear waste recycling
    JANESVILLE, Wis., March 19, 2024 /PRNewswire/ -- SHINE Technologies, a next-generation fusion company, announced Greg Piefer, founder and CEO, and Ross Radel, CTO, will present at energy conferences this week: the Fusion Industry Association (FIA) Annual Conference in Washington, D.C., and the CERAWeek Innovation Agora in Houston, Texas.
  • Piefer is invited to speak on the panel Alternative Markets at the Fusion Industry Association (FIA) Conference on March 21 in Washington, D.C.
  • This event brings together policymakers, scientists, researchers and industry leaders to discuss concrete ways to accelerate the path to commercial fusion energy.
  • Radel is invited to present Used Nuclear Fuel Transmutation and Energy Production: SHINE's Fusion Approach on March 20 at CERAWeek Innovation Agora in Houston, Texas.

Novatron Fusion Group closes seed round of EUR 5 million, accelerating the transformation to commercial fusion power

Retrieved on: 
Tuesday, August 29, 2023

STOCKHOLM, Aug. 29, 2023 /PRNewswire/ -- The world's energy demand is growing rapidly, and we need to meet it without reliance on fossil fuels. Fusion power has the potential to provide a limitless supply of emissions-free, reliable, safe, and affordable energy for all. Fusion power would provide a much-needed solution to some of humanity's greatest challenges: the growing need for energy and accelerating climate change.

Key Points: 
  • Novatron Fusion Group, a Swedish company that aims to revolutionize the field of fusion energy production, announced today the successful closure of its seed round, raising EUR 5 million.
  • Fusion power would provide a much-needed solution to some of humanity's greatest challenges: the growing need for energy and accelerating climate change.
  • Peter Roos, CEO of Novatron Fusion Group, commented: "We are thrilled to receive such strong support from our investors.
  • Novatron Fusion Group is a member of the Fusion Cluster in the UK and the Fusion Industry Association (FIA) in the USA.

Novatron Fusion Group closes seed round of EUR 5 million, accelerating the transformation to commercial fusion power

Retrieved on: 
Tuesday, August 29, 2023

STOCKHOLM, Aug. 29, 2023 /PRNewswire/ -- The world's energy demand is growing rapidly, and we need to meet it without reliance on fossil fuels. Fusion power has the potential to provide a limitless supply of emissions-free, reliable, safe, and affordable energy for all. Fusion power would provide a much-needed solution to some of humanity's greatest challenges: the growing need for energy and accelerating climate change.

Key Points: 
  • Novatron Fusion Group, a Swedish company that aims to revolutionize the field of fusion energy production, announced today the successful closure of its seed round, raising EUR 5 million.
  • Fusion power would provide a much-needed solution to some of humanity's greatest challenges: the growing need for energy and accelerating climate change.
  • Peter Roos, CEO of Novatron Fusion Group, commented: "We are thrilled to receive such strong support from our investors.
  • Novatron Fusion Group is a member of the Fusion Cluster in the UK and the Fusion Industry Association (FIA) in the USA.

MIT researchers: Megafund approach to attract more private investors to fusion energy

Retrieved on: 
Tuesday, February 28, 2023

CAMBRIDGE, Mass., Feb. 28, 2023 /PRNewswire/ -- To help fusion research and development appeal to private investors, MIT Sloan School of Management Professor Andrew W. Lo suggests a "megafund" approach to generate an influx of cash for the fledgling industry while providing more attractive returns to shareholders.

Key Points: 
  • In addition, the study proposes that governments and private foundations could offset some of the risk by offering first-loss protection to investors in the fund's early stages.
  • Lo models investor behavior and financial markets in multiple industries, including fusion, insurance, asset management, and healthcare.
  • According to the Fusion Industry Association (FIA) in Washington, DC, more than 30 private fusion firms around the globe have attracted a total of more than $5 billion in private investments.
  • Yet "the cost to society of not innovating around sustainable energy," they note, "may prove even more expensive."

Fusion Industry Association Announces Independent Incorporation and Expansion

Retrieved on: 
Wednesday, May 5, 2021

b'WASHINGTON, May 5, 2021 /PRNewswire/ --The Fusion Industry Association (FIA) today officially incorporated as a newly independent non-profit association representing the private fusion industry.

Key Points: 
  • b'WASHINGTON, May 5, 2021 /PRNewswire/ --The Fusion Industry Association (FIA) today officially incorporated as a newly independent non-profit association representing the private fusion industry.
  • Commercialization of fusion energy will create new jobs and a new industry addressing a trillion-dollar market," said FIA CEO Andrew Holland.
  • "The Fusion Industry Association membership speaks with a unified voice at a time when society is making unprecedented investments intothe clean energy transition.
  • "\nMore information about the FIA\'s expansion, including our team and membership, is available on the FIA website.\nThe Fusion Industry Association (FIA) is the voice of the fusion industry, working to transform the energy system with commercially viable fusion power.