MIT hot fusion Archives - Market Mad House

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Bill Gates, Jeff Bezos, and Jack Ma investing in Hot Fusion Company

To explain, Commonwealth Fusion Systems (CFS) appears on a list of companies Gates’ hedge fund Breakthrough Energy Ventures (BEV) is investing in, Quartz reveals. Importantly, Commonwealth claims it can commercialize hot nuclear fusion within 15 years.

The first goal at CFS is to build a tokamak fusion reactor capable of generating 100 Megawatts (MW) of electricity, a press release reveals. In detail, 100 MW is enough juice to power a city of 100,000 people or the size of Boulder, Colorado.

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MIT starts Commercializing Hot Fusion

“Researchers at MIT have designed a way to use high-temperature superconductors to produce powerful magnetic fields that provide superior confinement of the hot plasma — enabling a net energy fusion device at much smaller scale than did previous experiments,” MIT Vice President for Research Maria T. Zuber wrote in The Boston Globe.
Commonwealth Fusion Systems was founded by former MIT students and researchers that want to commercialize hot fusion. Commonwealth has also received some money from unidentified “U.S. Investment Funds,” Zuber claimed.

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Commercial Hot Fusion is closer to Reality than you think

As you can see whoever starts marketing a commercial hot fusion process is going to make vast amounts of money. This is another reason why legendary value investor Bill Gates and his Microsoft (NYSE: MSTF) partner Paul Allen, are so interested in hot fusion. Allen is the owner of Tri Alpha Energy. They smell cash and lots of it in the world of hot fusion.