Xcimer Energy
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* | $100m | Series A | |
Total Funding | 000k |
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Recent News about Xcimer Energy
EditXcimer.net is a pioneering startup in the energy sector, aiming to make fusion power a reality within the next decade. The company is developing the world's highest-energy laser system, utilizing laser technology initially designed for missile defense to create an economical 10+ megajoule class laser. This technology will be used to ignite hydrogen fuel capsules, resulting in a fusion reaction that can be harnessed for power generation.
The company's target market is the energy sector, specifically power generation. Their business model revolves around the development and commercialization of their Inertial Fusion Energy (IFE) technology. This technology has been studied in government laboratories for decades, but Xcimer is taking a unique approach by combining three essential components in a groundbreaking way.
The company's revenue model is likely to be based on the sale of their fusion power technology to energy companies and utilities. They may also generate income from licensing their technology to other companies, or from government contracts for further research and development.
Xcimer's IFE architecture includes a 10+ MJ KrF Laser, Fusion Target, and HYLIFE Chamber. The laser delivers light at a significantly lower cost and higher energy than existing technologies. The Fusion Target is a consumable fuel capsule containing hydrogen, which is ignited by the laser to create a fusion reaction. The HYLIFE Chamber, developed at Livermore National Lab and UC Berkeley, uses a liquid flow of lithium salt to absorb the fusion output and protect the structural wall, allowing for a 40-year lifetime and less waste than other concepts using DT fuel.
Keywords: Fusion Power, Inertial Fusion Energy, Laser Technology, Energy Sector, Power Generation, High-Energy Laser System, Fusion Target, HYLIFE Chamber, Sustainable Energy, Energy Innovation.