We’re on a near-term path to achieving nuclear fusion energy at a low enough cost to replace all fossil-fuel based energy sources and end fossil fuel use. We will harness the energy source that powers the sun to create clean, safe energy. If we secure the funding to complete our project, this will be the most fundamental change in technology in decades. It will flip the power from fossil to fusion.
Eric J. Lerner President and Chief Scientist @ LPPFusion
LPPFusion has begun a new investment round through the Wefunder crowdfunding site. This round is open to all investors accredited or not. The minimum investment is $150 for one share. There are no limits on the number of investors who may invest. Our minimum goal is $200,000, which is already reached, and our maximum $1 million.
Based on the progress that we have made with the project and on our improving prospect for raising more capital, the LPPFusion Board of Advisors on Nov. 30, 2020 decided, without dissent, to increase LPPFusion’s share price from $125 to $150 per share.
Since the last price increase five years ago, we have raised just over $3 million. During that time, we have increased our Focus Fusion device’s fusion yield, achieving:
- the highest ratio of fusion yield to input energy of any private fusion effort,
- the highest confined ion temperatures of any fusion device, and
- the highest level of purity in our plasma,
thanks to our beryllium electrodes. In the past year, we have designed and have begun assembling improved switches and have redesigned our anode and external circuit. We feel that these advances reduce the risk of our project and amply justify a 20% increase in price.
With 318,907 shares outstanding, this increases the LPPFusion valuation to $47.8 million.
LPPFusion is a privately-held “C” corporation incorporated in NJ in 2003. LPP is short for Lawrenceville Plasma Physics.
LPPFusion was granted a comprehensive U.S. Patent #7,482,607 and international patents:
- Australian Patent 2007314648 issued November 2011
- Chinese Patent, 200780007065.7 issued December, 2012
- Canadian Patent, 2,642,749 issued December, 2015
- European Union Patent EP 1989714B1 issued April, 2018
- Still pending in India.
Our Massive Cost Advantage
LPPFusion has raised over $8M from over 800 private investors and one Institutional Investor. Investors can purchase Class B, non-voting shares through Wefunder. We have successfully closed six equity rounds. Our current round should fund us to Net Energy and allow us to develop our spin-off X-scan technology for the Homeland Security market.
Financial Audit Reports
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This web page is not intended to be an offer of securities to the residents of any state, nor is it an offer otherwise specifically directed to any person in any state by, or on behalf of, Lawrenceville Plasma Physics, Inc DBA LPPFusion. Any forward-looking statements are based on the beliefs of LPPFusion’s management and reflect current expectations at the time the statements are made with respect to future events based on information available at that time, and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in those forward-looking statements.