Thanks to all of you for a second successful Wefunder campaign. We raised $605,000 from 292 investors living in 22 countries. All 133 slots for new non-accredited investors were filled. For accredited investors, we will be continuing fundraising directly through our website. During the campaign, which began Nov.15, 2019 and ended March 1, 2020, we…
We’ve just completed our third successful financial audit. Because of this we can now extend our Wefunder campaign through March 1st. Without this audit, SEC regulations limited us to ending the campaign 120 days after our fiscal year ended, which is Jan 31st. We are happy that we can stretch this campaign a little bit…
As we have reported to all investors and supporters, LPPFusion is again crowdfunding on the Wefunder website. Through the Wefunder site, anyone can now buy LPPFusion shares. We started this second campaign on Nov. 15, 2019 and now we are in the last two weeks, with the campaign ending Jan. 31, 2020. So far, we’ve…
LPPFusion is again crowdfunding on the Wefunder website! Through the Wefunder site, anyone can now buy LPPFusion shares. We aim to raise a minimum of $400,000. That is what we need to get any of the money. Our maximum goal is the $1.07 million that we are allowed to raise under SEC regulations. As of…
Thanks to the effort of the Fusion Industry Association and its director Andrew Holland, the US Congress is now considering a bill to aid private fusion efforts. The House version of the Energy and Water Appropriations bill only has $4 million for this important initiative, while the Senate version has $20 million. Please contact your…
The reason your home is not powered by fusion energy today is that the 1976 Fusion Crash Program was never implemented since it was never funded—not even at the minimum level required. The US government spent, in 2019 dollars, $5.4 billion a year on the Manhattan Project, $22 billion a year on the Apollo Program,…
Sen. Joe Pennachio (R-26) introduced into the NJ State Senate on Aug. 26 three bills to promote fusion energy research. The first bill, the Fusion Technology Industry Promotion Act, S4074, would mandate the NJ Economic Development Authority to invest in fusion technology development companies in NJ, matching dollar for dollar private investments in the companies….
We want to replace our existing 12 switches with 24 smaller switches in order to increase the current delivered by FF-2B, and the speed of the pulse—how fast the current rises. We expect both will considerably increase fusion yield beyond the goal we have for the present set-up. But this will cost tens of…
Following the May 23 Fusion Symposium that his office organized in Trenton, NJ, State Senator Joe Pennachio (R-26) is drafting and introducing into the NJ Senate a series of bills to aid fusion research. At the symposium, LPPFusion’s Lerner gave a presentation on a Faster Route to Fusion, advocating a crash program that funds…
Contacts: Ivy Karamitsos, (646) 515-8866, ivy@lppfusion.com Eric J. Lerner, (908) 546-7654, eric@lppfusion.com LPPFusion President and Chief Scientist Eric J. Lerner will present proposals for “A Faster Route to Fusion” at the Fusion Energy Symposium, a hearing sponsored by NJ State Senator Joe Pennachio (R-26), on Thursday, May 23 at the State House Annex in…