GlobeNewswire by notified

New Peer-Reviewed Paper Validates General Fusion Code Accelerating Commercial Power Plant Design

Share

RICHMOND, British Columbia, April 30, 2024 (GLOBE NEWSWIRE) -- General Fusion is advancing the design of its Magnetized Target Fusion (MTF) commercial power plant with proprietary simulation code now validated in a peer-reviewed scientific paper. General Fusion is unique in its ability to iterate nimbly. Since 2002, the company has built and tested dozens of complex prototypes. Now, it can move even faster. The code, introduced in a new paper in Physics of Fluids, helps General Fusion to rapidly model its game-changing liquid metal liner in a commercial machine. General Fusion completes simulations in a minute on a single computer that otherwise would take hours or weeks. No other programming available on the market can achieve this result today.

The code is a key component of General Fusion’s Integrated System Model (ISM). With ISM, the company quickly tests different designs to determine the best machine configuration for a practical and economical power plant. Known as ISM-hydrodynamics (ISM-hydro), the validated code predicts the motion of General Fusion’s proprietary liquid metal liner as it is mechanically compressed by an array of pistons. As the company optimizes the power plant configuration, it uses the code to understand the performance of the liner in a commercial machine. General Fusion’s MTF approach to compressing liquid metal around the plasma to create fusion energy is unique in the world. It is the only fusion technology that addresses the major barriers to commercialization, including material degradation, fuel production, energy capture, and cost barriers.

“Our proprietary Integrated System Model is an excellent example of why the time for fusion is now. We are designing and building fusion machines faster than ever before,” said Greg Twinney, CEO, General Fusion. “This new paper in Physics of Fluids highlights our team’s incredible work in developing the first-of-a-kind tools we need to deliver commercial fusion in the next decade. We are making significant progress every day.”

ISM-hydro is part of a broader integrated system model, which plays a crucial role in analyzing experimental data, operating sub-scale test beds, and optimizing the design of General Fusion’s ground-breaking Lawson Machine 26 (LM26). LM26 shortens the technical jump between General Fusion’s next near-commercial machine and a commercial pilot plant. As a result, the company is fast-tracking its path to provide commercial fusion energy to the grid by the early to mid-2030s.

Quick Facts:

  • General Fusion’s Magnetized Target Fusion uniquely sidesteps challenges to commercialization that other technologies face. The game-changer is a proprietary liquid metal liner in the commercial fusion machine that is mechanically compressed by an array of pistons.
  • This enables General Fusion to create fusion conditions in short pulses, rather than creating a sustained reaction, while protecting the machine’s vessel, extracting heat, and re-breeding fuel. Additionally, General Fusion’s design does not require large superconducting magnets or expensive lasers.
  • Recently published peer-reviewed scientific results confirm General Fusion’s proprietary liquid metal compression technology scalable to a commercial machine. The results were published in Fusion Engineering and Design after the team completed over 1,000 liquid compression experiments.
  • General Fusion’s new MTF demonstration, LM26, is designed to reach fusion conditions of over 100 million degrees Celsius by 2025. It will progress towards scientific breakeven equivalent by 2026.
  • The MTF demonstration will integrate the company’s operational plasma injector with a simplified compression system. The plasma injector has already achieved the temperature and magnetic confinement times required by the new machine.

About General Fusion 
General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Richmond, B.C., Canada. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com.

General Fusion Media Relations
media@generalfusion.com
+1-866-904-0995

Follow General Fusion
twitter.com/generalfusion
instagram.com/generalfusion
linkedin.com/company/general-fusion
facebook.com/generalfusion
youtube.com/c/GeneralFusionInc

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release

Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a

DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release

Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68

Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release

Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release

AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us

Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye