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…
Technical Milestones: Completed experiments with tungsten electrodes Observational confirmation of the destruction of filaments Publication of cosmology results in leading journal—Monthly Notices of the Royal Astronomical Society Non-Technical Milestones: Over $950,000 investments from Wefunder Over $300,000 gift to Focus Fusion Society for aneutronic fusion research EU patent granted Founding of Fusion Industry Association Successful LPPF…
We’ve now analyzed a survey of LPPF’s new Wefunder investors, thanks to 313 responses, a 71% rate. Thanks to all for their time! The survey showed that the money came in “by halves”—54% was from “old contacts”, who knew us before the campaign, 46% from new contacts. Half of the investment came from 94…
Long-time LPPF investors Walter Rowntree and his wife Laura Reynolds have made a generous donation of a third of a million dollars in stocks to the Focus Fusion Society, the tax-exempt non-profit devoted to aneutronic fusion research. Eighty-five percent of the donation’s value will be used for a research grant from FFS to LPPFusion to…
LPPFusion’s Wefunder equity crowdfunding roared to a successful conclusion April 30, but we are still counting the money. With a huge influx of $191,000 in the final exciting day and another $90,000 in the rest of the final week, the campaign concluded with $1,031,000 in signed contracts from 451 investors. So far, Wefunder has collected…
LPPFusion’s Wefunder equity crowdfunding drive pounds into its final week, running fast. In the past week, the second-to-last, investors put $53,000 into the campaign, lifting the total to $742,000. This was more than the $45,000 raised in the second week of the campaign. If the last week of the campaign can match the first week,…
After a small adjustment in the ending date, LPPFusion’s Wefunder equity crowdfunding will definitely conclude April 30. This date has been communicated to the SEC, so is now a firm date. As of today, the campaign stands at $679,500, just two-thirds of the maximum goal of $1 million, with 320 investors. From past experience,…
It is down to the wire with LPPFusion’s critical equity crowdfunding campaign on the Wefunder website. The campaign will end April 23, so it has entered its last month. So far, a bit over $640,000 has been invested by just under 300 investors. The campaign is right on target in terms of getting just over…
Thanks to over 260 far-sighted investors, LPPFusion’s equity crowdfunding on Wefunder has now raised over $560,000, over half way to the one million dollars needed to quicken our research for safe, clean, cheap and unlimited energy! The campaign, started Nov. 9 is now approaching the three-month mark. LPPFusion expects to wind up the campaign in…
Dear Focus Fusion Supporters, LPPFusion’s long-awaited equity crowdfunding campaign has now started! 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 million that we are allowed to raise…