LPP Fusion again worked on the details of getting inpurities from the firing of the Tungsten electrode for their dense plasma focus nuclear fusion project.
They have cleaned the Tungsten. There was a lot of non-trivial engineering needed.
LPP fusion is working out theoretically ways to transfer more of the energy from the electron beam to the heating of plasmoid, leaving less available to damage the anode. This work involves mixing in heavier gases and is still under way. We’ll report more on it next month. Reassembly of the cleaned electrodes is now almost complete. LPP Fusion expects new experiments in early September.
In late August, LPPFusion sold the last shares from its fourth stock offering, completing the raising of $2 million in capital. The share offering was initiated in June, 2011 when 20,000 shares were offered at $100 a share. During the four years of this offering, LPPFusion also sold out a fifth special offering for $250,000, and raised $180,000 through its Indiegogo crowdfunding effort. Over these years, the rate of funding has increased, with total funds raised per year doubling for the period since January 2014 as compared with the prior period.
The LPPFusion Board of Advisors will soon decide on the terms of a new stock offering to fund the company on an expanded scale in the coming years. In accordance with US SEC regulations, shares will only be available to US citizens and to those living in the US who qualify as “accredited investors”, and will be available to all others in accordance with regulations in their countries.
Read more »
They have cleaned the Tungsten. There was a lot of non-trivial engineering needed.
LPP fusion is working out theoretically ways to transfer more of the energy from the electron beam to the heating of plasmoid, leaving less available to damage the anode. This work involves mixing in heavier gases and is still under way. We’ll report more on it next month. Reassembly of the cleaned electrodes is now almost complete. LPP Fusion expects new experiments in early September.
In late August, LPPFusion sold the last shares from its fourth stock offering, completing the raising of $2 million in capital. The share offering was initiated in June, 2011 when 20,000 shares were offered at $100 a share. During the four years of this offering, LPPFusion also sold out a fifth special offering for $250,000, and raised $180,000 through its Indiegogo crowdfunding effort. Over these years, the rate of funding has increased, with total funds raised per year doubling for the period since January 2014 as compared with the prior period.
The LPPFusion Board of Advisors will soon decide on the terms of a new stock offering to fund the company on an expanded scale in the coming years. In accordance with US SEC regulations, shares will only be available to US citizens and to those living in the US who qualify as “accredited investors”, and will be available to all others in accordance with regulations in their countries.
Read more »