Category Archives: Funding

You are here:

Fusion Innovation Act of 2015 Introduced into U.S. House of Representatives

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…

LPPFusion Launches Sixth Stock Offering

LPP Fusion LOGO

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…

Crowdfunding Rewards Are Shipped

IGGfinal

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…

ARPA-E Announces $30 Million for Fusion Alternatives

arpa-elogo

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…

Crowdfunding Raises $182,000 Coverage in Fortune, Extremetech

IGGIvy

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…

IndieGoGo Campaign Has Ended

IGG-gif-final

Our Indiegogo campaign has ended with a high 90% funding, $180,279 to be exact.  We are still processing crypto-currency payments but so far they sum up to an additional $2,370, or an additional 1.2%.   We wish to thank everyone for support, help, contributions, outreach, sharing and enthusiasm and belief in what we do. We are…