Type One Energy raised $200M to build a fusion power plant by 2034

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Coverage
Coverage
- Type One Energy is betting that its lean approach to fusion power will get a power plant on the grid faster, and investors have rewarded it with $200 million.
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- For more than 70 years, fusion energy researchers have used a particular equation to judge whether a plasma would stay hot and dense enough—for long enough—to reach a point where it could sustain itself without any more external power added. While that equation marks the finish line, also known as…