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Warren East - 1 East - 1 David Gray - 1 OpenAI's Sam Altman - 1 Altman - 1 Sam Altman - 1 Matthew Honeyben - 1 Douglas Hansen - 1
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Tokamak Energy - 2 Energy - 2 Royce - 1 Cambridge Tech - 1 Warren - 1 Tokamak - 1 CMS - 1 CNBC - 1

Search resuls for: "Tokamak Energy"


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☆ Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says
  + stars: | 2024-09-10 | by ( Ryan Browne | ) www.cnbc.com   time to read: +1 min
Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022. "I think we have a lot to offer in terms of U.K.-based innovative technology," East told the audience at Cambridge Tech Week. However, he added: "We tend not to be able to realise as many global businesses as that promise would suggest." East was also previously the CEO of U.K. aviation engineering giant Rolls-Royce . East said that Britain "needs to get commercialization right," adding that too much innovation gets created in the U.K. but is then exported elsewhere around the world.
Persons: Warren East, East Organizations: Royce, Cambridge Tech, Warren, Tokamak Energy Locations: London, CAMBRIDGE, England, Britain, U.S
☆ Second generation fusion energy might come to market at about $50/MWh: Tokamak Energy
  + stars: | 2023-10-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSecond generation fusion energy might come to market at about $50/MWh: Tokamak EnergyDavid Gray, non-executive director at Tokamak Energy, says private sector involvement will make a difference in making fusion energy a commercially viable source of clean energy and discusses how much it could cost to consumers.
Persons: David Gray Organizations: Tokamak, Tokamak Energy
☆ How Sam Altman's $850 million SPAC could help turn nuclear power into a mainstream energy source
  + stars: | 2023-07-28 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +5 min
OpenAI's Sam Altman is taking nuclear startup Oklo public through a SPAC expected to close in 2024. The Oklo SPAC deal will mark a watershed moment for the energy source, industry experts told Insider. The public debut of Oklo, a nuclear startup chaired by Sam Altman, could be a watershed moment for the power source, industry experts say. Fission versus fusionThere are two types of nuclear power: fission and fusion. All existing nuclear energy is created via fission, which makes up around 10% of the world's electricity supply, per the International Energy Agency.
Persons: OpenAI's Sam Altman, Altman, Sam Altman, Matthew Honeyben, Douglas Hansen, Luke, we've, " Hansen, Victoria McIvor, SPAC, McIvor Organizations: CMS, CNBC, Planet Capital, International Energy Agency, Energy, Microsoft Locations: Ukraine, France, Germany, SPAC
☆ US announces $46 million in funds to eight nuclear fusion companies
  + stars: | 2023-05-31 | by ( ) www.reuters.com   time to read: +2 min
WASHINGTON, May 31 (Reuters) - Eight U.S. companies developing nuclear fusion energy will receive $46 million in taxpayer funding to pursue pilot plants attempting to generate power from the process that fuels the sun and stars, the Department of Energy said on Wednesday. Generating more energy from fusion reaction than goes into it has eluded scientists for decades. The Energy Department's Milestone-Based Fusion Development Program hopes to help develop pilot-scale demonstration of fusion within a decade. The awardees are:-Commonwealth Fusion Systems-Focused Energy Inc-Princeton Stellarators Inc-Realta Fusion Inc-Tokamak Energy Inc-Type One Energy Group-Xcimer Energy Inc-Zap Energy IncThe funding, which comes from the Energy Act of 2020, is for the first 18 months. Looking to launch fusion plants that use lasers or magnets, private companies and government labs spent $500 million on their supply chains last year, according to a Fusion Industry Association (FIA) survey.
Persons: Harris, Jennifer Granholm, Timothy Gardner, Matthew Lewis Organizations: U.S, Department of Energy, Energy, Biden, Harris Administration, Commonwealth Fusion Systems, Inc, Princeton Stellarators Inc, Tokamak Energy Inc, One Energy, Xcimer Energy, Fusion Industry Association, FIA, Thomson Locations: Washington
☆ Fusion is one of the only energy sources capable of massive decarbonization, Tokamak Energy chief says
  + stars: | 2023-03-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFusion is one of the only energy sources capable of massive decarbonization, Tokamak Energy chief saysChris Martin, chairman of Tokamak Energy, says that fusion power is one of the only large energy resources that is capable of massive decarbonization.
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