Should you invest in the fusion industry?
It's best to have a general understanding of any industry before investing, especially with an industry as experimental as fusion. Commonwealth Fusion Systems was born in an MIT research lab. The company launched a nuclear fusion reactor project in Massachusetts. TAE Technologies just raised $280 million to build its next device.
Why is the stock market and Reddit talking about fusion energy?
Fusion energy is on the frontlines, despite the fact that it isn't commercially available yet. However, many view nuclear fusion energy as the benchmark for what clean, renewable energy should be, and they're banking on a fusion future. Naturally, the stock market and Reddit are taking notice.
Will we see fusion energy stocks in 2021?
Will we see fusion energy stocks in 2021? Don't expect to see fusion energy stocks this year or next year. In April 2021, U.S. scientists introduced a new fusion reactor concept. The estimates for fusion energy timelines have shrunk at a fairly slow pace over the years.
How much money has General Fusion raised in funding?
General Fusion's latest funding round in December 2019 was reported to be $65 m. In total, General Fusion has raised $169.6 m Need Data? Craft can deliver 250+ data points of financial, operating, and human capital indicators on companies via API.
Can you buy General Fusion stock?
At the moment, General Fusion appears to be a private company, which means its stocks are not trading on public markets.
Can I invest in fusion?
The process generates energy by fusing or merging atoms. In contrast, nuclear fission, which powers today's nuclear power plants, makes energy by splitting atoms. Nuclear fission technology is already commercialized, and you can invest in it.
Is General Fusion a public company?
In June 2021, the company announced it would build a 70% of full scale fusion demonstration plant in the UK from 2022 to 2025 as part of a public-private partnership with the UK government....General Fusion.TypePrivately held companyFounded2002FounderMichel LabergeHeadquartersBurnaby, British Columbia , Canada5 more rows
How do I buy Commonwealth Fusion stocks?
How to buy Commonwealth Fusion Systems stock? Potential investors are searching on how to buy the Commonwealth Fusion Systems stock, however, you cannot buy its stock. The company continues to remain private and retail investors cannot buy the stock of this company.
Is Commonwealth Fusion in the stock market?
Commonwealth Fusion is a private company that does not have publicly traded shares. They haven't disclosed any plans to go public, and CFS seems to have no problem raising capital. So far, CFS has raised over $2 billion through four funding rounds.
What companies are researching fusion?
Backed by Jeff Bezos, General Fusion is expecting to build a test facility in the U.K. that switches on by 2025; a commercial plant should follow well within a decade. Energy companies including ENI, Equinor, Cenovus, and Chevron have invested in fusion, according to BloombergNEF.
Can you buy TerraPower stock?
In fact, you can buy shares in TerraPower through a pre-IPO investing platform. Two pre-IPO platforms, EquityZen and Forge (formerly Sharespost), let investors buy shares from an employee or investor in a private company.
What company owns fusion?
Univision CommunicationsFusion Media GroupFormerlyFusion Media Network (Univision & Disney-ABC)RevenueUS$63.5 million April 2019OwnerUnivision CommunicationsNumber of employees300ParentUnivision Communications8 more rows
Who is funding fusion energy?
In November 2021, Everett-based Helion announced $500 million in funding and General Fusion in British Columbia raised $130 million. Seattle's Avalanche Energy, fusion's newer-kid-on-the-block, closed a $5 million seed round in March of this year.
Who is the CEO of Commonwealth Fusion Systems?
Bob MumgaardAs the CEO of Commonwealth Fusion Systems (CFS) Bob leads the strategic vision for the company. He also serves as a key member of the technical team, leading the SPARC design process and determining how it interfaces with the business strategy.
What does tokamak stand for?
toroidal chamber with magnetic coilsThe term "tokamak" comes to us from a Russian acronym that stands for "toroidal chamber with magnetic coils" (тороидальная камера с магнитными катушками). To start the process, air and impurities are first evacuated from the vacuum chamber.
Is Tokamak Energy publicly traded?
About Tokamak Energy Tokamak Energy is a private company working to develop compact fusion power.
What is nuclear fusion?
Nuclear fusion is the opposite of the much better known nuclear fission. Nuclear fusion recreates the sun’s energy in a lab setting, delivering carbon-free power that could replace fossil fuels. The process generates energy by fusing or merging atoms.
Investment in nuclear fusion
Nuclear fusion startups attracted $300 million in 2020, and 2021 was much bigger. Commonwealth Fusion Systems LLC raised over $1.8 billion from high-profile investors like Bill Gates and George Soros, while fusion startups generally raised over $3 billion.
What nuclear fusion companies are there?
There are at least 35 nuclear fusion companies, but the following are getting the most investor dollars and media coverage.
Are there any nuclear fusion stocks?
There are no publicly traded nuclear fusion companies, and nuclear fusion startups are unlikely to IPO soon. The market conditions for pre-revenue companies are bad, startups can raise funds from private investors, and revenues may be too far ahead for the public markets. After all, even the startups don’t expect to sell power until the 2030s.
How to invest in nuclear fusion stocks
The equity in some of the larger nuclear fusion companies is available through pre-IPO trading platforms like EquityZen or Forge (formerly Sharespost). These platforms let you buy shares from startup employees who got stock options but need cash, though you should bear in mind that the employees know more about the company than you do.
About General Fusion Stock
General Fusion is developing utility-scale fusion power using a new, patent pending concept based on recent developments in Magnetized Target Fusion (MTF). MTF has been relatively unexplored by the fusion community since the 1970s, but if proven it would provide a practical near term path to fusion energy.
Why EquityZen?
EquityZen helps investors to access private companies and their employees to sell shares.
Fusion Reactor Companies
The Fusion Industry Association lists 22 companies that try to build a fusion reactor. There are a few more but none to my knowledge have gone public nor announced any plans of an upcoming IPO. The most funded of those companies, TAE Technologies, received close to $1 billion in investments.
Fuel
Most fusion systems will start with hydrogen isotopes, deuterium (D) and tritium (T). A few have announced that they are looking into — in theory — better fuels. Examples is startups TAE Technologies and HB11, which consider hydrogen-boron as fuel even though they will first start with D-T as fuel.
Suppliers
It was found that the replacement cost of reactor parts is 31 times the cost of the fuel. Moreover, when building the reactor in the first place the magnets cost make up 37% or $2.2b of the $6b investment cost (direct cost).
Conclusion
As a non-accredited investor it’s currently very difficult to expose one’s portfolio to fusion energy. A few options exist for the future fuel supply and engineering supply chain. Monitoring upcoming IPOs of the fusion startups is recommended.
What Reddit users are saying about fusion energy
The "Nuclear Fusion" subreddit is ripe with optimism, but posts within the subreddit definitely contradict one another at times. Users share resources from governmental departments working on fusion energy as well as individual or startup engineers working to find a solution to fusion's biggest obstacles.
Will we see fusion energy stocks in 2021?
Don't expect to see fusion energy stocks this year or next year. In April 2021, U.S. scientists introduced a new fusion reactor concept. The estimates for fusion energy timelines have shrunk at a fairly slow pace over the years.
Private fusion energy startups to watch
According to ITER, a multi-governmental collaboration on fusion energy, "Fusion, the nuclear reaction that powers the sun and the stars, is a potential source of safe, non-carbon emitting and virtually limitless energy.
