Last year, thanks to all of you, contributions to LPP Fusion totaled over $34,000. While this was not enough for us to hire more staff, it was 5% of our total budget. It helped us to get over gaps in our funding from investors, and thus to keep our device firing shots and to keep…
Donors and investors both sharply increased funding for Focus Fusion research at LPPFusion in the last month. The Fund-a-Shot fundraising drive netted over $15,700 in the last month, a ten-fold increase over the monthly contributions in the previous few months. At the same time investments in LPPFusion’s latest stock offering increased by $240,000. Our sincere…
We’ve started firing! We’ve begun our exciting test to see if we can reduce impurities in FF-1 far enough to greatly boost fusion energy yield. And some of you are helping. The first eight of our shots were funded by your contributions, and the table here shows who funded each shot. (Missing numbers in the…
The purchase of the beryllium was made possible by money that LPPFusion raised in an Indiegogo crowdfunding campaign in 2014. However, Focus Fusion still needs contributions. The Focus Fusion Society, in cooperation with LPPFusion, Inc. is making a set of new videos explaining the physics behind Focus Fusion. Everyone can help fund these videos (and…
A bill has been introduced into the U.S. House of Representatives to fund a range of fusion concepts that have “the potential to demonstrate net energy production not later than 7 years” after the start of the program. The bill The Fusion Innovation Act of 2015, sponsored by Rep. Alan Grayson (Dem, FL), is the…
On November 3, LPPFusion, Inc., (formally Lawrenceville Plasma Physics, Inc.) announced the launch of its sixth stock offering. This is an offering of 20,000 shares at $125 per share to raise $2.5 million. “The purpose of this offering is to allow us to increase our budget, hire additional staff and complete the Phase I research…
After some delays due to under-staffing and summer doldrums, which LPP Fusion apologizes for, the rewards to our almost 2,000 Indiegogo crowdfunding supporters have finally been shipped, or will be by the end of next week. Thanks to LPP Administrative Assistant John Harhai for a lot of work and to LPP Chief Information Officer Ivy…
In late August, The US Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) announced a program that will put $30 million over a three year period into 12-15 fusion projects using alternative approaches. Long in the planning, the new program will fund efforts that “help enable a path to economical fusion power through low-cost, high…
With a boost from a 20-day extension, the crowdfunding campaign of LPPFusion, Inc. and the Focus Fusion Society was a great success, raising $182,000, or 91% of our original goal of $200,000. (This includes $2,000 in Bitcoins not counted in the number on the Indiegogo website.) We received contributions from 1,923 individuals, many of whom gave more…