
General Fusion, a Canadian startup backed by Jeff Bezos, has secured $22 million in funding to advance the development of its fusion demonstration reactor in British Columbia. This financial boost comes as part of a broader trend in the nuclear energy sector, where innovative technologies such as Small Modular Reactors (SMRs) are being recognized for their potential to overcome the cost and regulatory challenges of traditional nuclear reactors. The company aims to build a key demonstration system that could significantly impact global energy production. Additionally, other fusion initiatives are gaining traction, with another firm recently raising $15 million to further its own fusion device development. The advancements in the nuclear fusion landscape suggest a growing interest and investment in sustainable energy solutions.
Canadian agencies fund Bezos-backed nuclear fusion company for demo https://t.co/cmpU5fRJDR https://t.co/ursKpkfxft
General Fusion gets $22M more to build B.C. test reactor. https://t.co/tnGgylWjej
General Fusion lands $15M to develop its fusion demonstration device https://t.co/hKrKUnFVVn



