Tag: fusion energy

Introducing EFS’s Fusion Energy AI Ambassador

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BROOMFIELD, Colo., September 21, 2023 (Newswire.com)
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Electric Fusion Systems (EFS) acknowledges the challenges faced in conveying the intricacies of our novel fusion approach to a skeptical fusion industry and intertwined subject matter experts. Recognizing the need for improved clarity, EFS has launched an AI Ambassador on its website designed to facilitate informed discussions about its technology.

Powered by ChatGPT-4 from OpenAI, this AI Ambassador is grounded in peer-reviewed scientific research, particularly focusing on the intricacies of EFS’s Light Element Electric Fusion (LEEF) technology. “Our database currently encompasses around 70 research papers, and we continuously enhance it, prioritizing the relevance and scientific rigor pertinent to our fusion technology,” said Ken E. Kopp, CTO.

Central to EFS’s innovation is our unique Rydberg matter bulk fusion fuel condensate made from lithium ammonia and noble gases through a special proprietary process. This innovation notably reduces the traditional fusion thresholds (in temperature, time, and density) for proton-lithium aneutronic (radiation free) fusion reactions, introducing the potential for small-scale portable and low-cost fusion energy.

“When we discuss our technology with fusion subject matter experts at the Department of Energy (DOE) or Advanced Research Projects Agency-Energy (ARPA-e), they ask questions like, what is Rydberg matter? Or, what are coulomb explosions? This is both encouraging and very sad. In the sense that no one seems to be aware of this potential Rydberg matter-based proton-lithium fusion pathway and, at the same time, frustrating at scientific skepticism and incredulity that dismisses our hopes of funding,” said Ryan S. Wood, CEO. This situation is a driving force in developing the AI Ambassador, aiming to facilitate comprehension of EFS’s technology from a scientific lens.

Existing fusion energy designs require a massive investment with an estimated $4,500 per kilowatt-hour installed cost and operating costs of $50 per megawatt-hour or higher. These fusion plants are on par with current light water fission nuclear power plants in terms of size and are still years or decades away from practical implementation.

EFS’s patent-pending fusion technology and direct-to-electricity apparatus have the potential to drastically reduce these costs by a factor of 5-20 times. We are targeting $5 per megawatt-hour, potentially cannibalizing renewable energy, hydrocarbons and creating civilizational change.

EFS’s venture into clean fusion energy holds promising implications for the energy domain. The success of our technology will ultimately depend on validation by experts and third-party replications confirming more power out than in.

Source: Electric Fusion Systems, Inc.

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September 21, 2023
Kronos Fusion Energy Encourages the U.S. Senate to Support the American COMPETES Act of 2022 Amendment to Increase Funding for Fusion Energy

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Press Release
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Apr 4, 2022

ARLINGTON, Va., April 4, 2022 (Newswire.com)
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The American COMPETES Act of 2022 was passed by the House of Representatives in February 2022 to cover scientific research, economic competitiveness and various other matters related to CREATING OPPORTUNITIES FOR MANUFACTURING, PRE-EMINENCE IN TECHNOLOGY AND ECONOMIC STRENGTH (COMPETES). After recent breakthroughs in the fusion energy industry, Kronos Fusion Energy highly encourages the support of this act.

On March 23, 2022, the US Senate voted 66-33 on a motion to proceed to consider this Bill. There is a very important Amendment for the fusion energy industry that was sponsored by three House members who are thought leaders in developing strategies to create high-paying American jobs for the fusion energy industry.

Priyanca Ford, founder of Kronos Fusion Energy Inc, urged the U.S. Senate to consider fusion energy to be a bipartisan issue, “Fusion Energy is the cleanest and most efficient energy source in the universe that will lead mankind to a new golden age. [Ford] urges the U.S. Senate to support the Fusion Energy Amendment and to pass the COMPETES Bill quickly, to help to jumpstart the American fusion energy industry’s quest to become the global leader in jobs creation for fusion energy”.

Representative Don Beyer (D-VA), the Chairman of the House Fusion Energy Caucus, Representative Lori Trahan (D-MA), the sponsor of the Fusion Amendment to the Energy Act of 2020 that created the fusion energy milestone program, and Representative Jamaal Bowman (D-NY), the Chairman of the Subcommittee on Energy in the House Committee on Science, Space, and Technology sponsored the Fusion Energy Amendment that will help to foster the rapid growth of the United States fusion energy industry.

Michael Pierce Hoban, managing partner at Kronos Fusion Energy Inc, commented on why this amendment is important to the U.S. fusion energy industry, “This amendment grows the funding for the Department of Energy’s proposed milestone-based public-private partnership program for fusion energy from $325 million over five years to $800 million. It also increases authorized funding for a new materials program from $200 million to $400 million over the coming five years.”

The U.S. Senate is now considering whether to concur with the house amendment on fusion energy and whether to pass the COMPETES Bill so that a completed bill can go to President Biden for signature.

Information on Kronos Fusion Energy can be found below.

www.KronosFusionEnergy.com

Instagram: KronosFusion

Twitter: Kronos__Fusion

TikTok: KronosFusion Energy

PR Contact – Erin Pendleton – pr@kronosfusionenergy.com

Source: Kronos Fusion Energy

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April 4, 2022
Kronos Fusion Energy Recognizes Mankind’s Path to Becoming an Interplanetary Species

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Press Release
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Mar 22, 2022

ARLINGTON, Va., March 22, 2022 (Newswire.com)
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The sun, like all known stars, is in essence, a giant mass of hot gas, mainly hydrogen and helium. The temperature and pressure in its core are so high that nuclear fusion occurs, producing plasma that releases huge amounts of energy. The outward pressure of this plasma is balanced by the inward pull of gravity, leaving the star in hydrostatic equilibrium – producing virtually unimaginable amounts of clean, stable energy, for billions of years. This science is part of the core that drives Kronos Fusion Energy.

Recreating these conditions within a fusion generator has been the subject of 60 years of research around the world. This research is now on the cusp of realizing viable, powerful, and clean energy that enables the efficient delivery of personnel, material, and energy systems to future colonies. This technology is reaching maturation just as a new dawn of space exploration is emerging – as stated in the March 17, 2022, Summit by the White House Office of Science and Technology Policy, “The time for fusion energy is now.”

Thought leaders from Stephen Hawking to Elon Musk agree that the future of mankind lies in our ability to become a multi-planetary species. Their rationale states that, so long as humanity has all its eggs in one basket – or all its people on one planet – there will always be the risk of an extinction-level event. In fact, if history is our guide, this risk becomes a near inevitability.

The only true way to mitigate this risk is through our ability to establish settlements on other planets, and fusion energy holds the key to making this a reality.

In 1620, the privately funded Mayflower and her civilian pilgrims, not a government-led mission, paved the way for the creation of what today is called America. Four hundred years later, the first privately funded and operated space flights carried civilian passengers into space, bringing into global focus the continued relevance of the role that private industry must play in future space programs and planetary colonization efforts. Kronos Fusion Energy Incorporated (KFEI) is at the forefront of these efforts, as demonstrated by its commitment to establishing the National Fusion Energy Space Center.

Priyanca Ford, Founder of KFEI, affirmed this aim: “Kronos Fusion Energy has spent the last seven years developing and refining algorithms and simulations that allow us to bring fusion energy out of the lab and into the space programs of tomorrow. This exciting technology transforms space travel, providing for rapid and agile spacecraft, capable of carrying substantial payloads and delivering vast amounts of electrical power in a compact device – essential to reaching, establishing, and sustaining life on future planetary colonies.”

For more information:

Press Contact – Erin Pendleton – pr@kronosfusionenergy.com

Source: Kronos Fusion Energy

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March 22, 2022
Kronos Fusion Energy Urges U.S. Legislation to Keep Up With the Rest of the Globe in the Growing Fusion Energy Industry

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Press Release
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Mar 15, 2022

WASHINGTON, March 15, 2022 (Newswire.com)
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From learning how to measure masses of low-mass elements to discovering nuclear fusion being possible and technological advances to match, there’s no denying the evolution of fusion power. For many years, the U.S., UK and USSR performed work in secret even though they were convinced that controlled fusion research had no military applications. Despite not having an internationally collaborative approach, energy advancements continued to climb.

Around 1951, the U.S. started its magnetic fusion energy program within the Atomic Energy Commission and was declassified in 1957. Due to declassification, international scientific collaborations and discussions of fusion research were yet again enabled. Plasma confinement conceptual achievements were accomplished through the 1960s, such as the stellarator, tokamak, and more. These successes were especially promising through the 1970s fossil fuel energy crisis, as political interest created the will to invest in large-scale tokamak studies. As the energy crisis waned, funding in fusion energy declined again in the mid-1980s. The fusion energy sciences program was overseen by the Department of Energy, and it encountered difficulties in acquiring funding for the large tokamak projects. The successor to the Tokamak Fusion Test Reactor, the Compact Ignition Torus was subject to significant planning in the late 1980s. Due to lack of funding and political interest, the CIT project was canceled by Congress in the early 1990s.

Since the 1980s, significant investment in fusion technology by the U.S. government has been limited to membership and partial funding of the international collaborative effort in France (ITER). While a valuable source of research and development, by focusing on this international experimental reactor, the U.S. government has not made substantive efforts to pursue American fusion energy projects with the aim of commercial or military applications. Energy shortages, endless cries for clean energy, and more needs of our planet have created the realization that now is the time to act. The federal government only began publicly developing options for a regulatory framework for fusion energy systems in late 2020.

Kronos Fusion Energy’s Partner and Chief Legislative Officer Ethan J. Bond sees the need for legislative framework. “We’ve met perfect timing for the emergence and application of our company’s hard work. Kronos Fusion Energy realizes this is just the exordium of a new era in energy generation for the world. To set us up for success, we must be accompanied and supported by our government and legislation.”

On a global level, years of research, development, and experiments have led up to the White House event: Bold Decadal Vision for Commercial Fusion Energy. The event promises to convene fusion energy leaders to showcase progresses and advancements in fusion strategy. Kronos Fusion Energy is delighted by the recent advancements of the industry so we can do our part in creating a clean, limitless energy future.

Press Contact:
Erin Pendleton
e.pendleton@kronosfusionenergy.com

Source: Kronos Fusion Energy

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March 15, 2022
Kronos Fusion Energy Plans to Make the U.S. a World Leader in Fusion Energy Generation

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Press Release
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Mar 15, 2022

AUSTIN, Texas, March 15, 2022 (Newswire.com)
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The United States is falling behind in the race for fusion energy. Kronos Fusion Energy has the ambitious goal of creating commercial and defense applications that will make the United States a world leader in fusion energy generation. Decades of research and development and recent technological breakthroughs have brought us to an inflection point in fusion power. Using advances in machine learning, artificial intelligence, and quantum computing, Kronos Fusion Energy will use proprietary algorithms in simulations that will greatly accelerate the design of an optimized fusion energy generator. Find out how Kronos Fusion Energy is contributing to the future of fusion energy here.

There is great potential for many military applications for fusion energy across all domains: land, air, sea, space, and cyberspace. On land, clean power with a spectacular reduction in logistics requirements will greatly enhance both the readiness and force protection of U.S. military service members. At sea, there is potential to create fusion power generators for submarines and ships that will be faster, safer, and more powerful with reduced operational costs. In air and space, direct fusion drive technology is emerging that will extend ranges and performance of U.S. military aircraft while also dramatically reducing payload and travel time in the exploration of the universe. In cyberspace, compact and reliable power generation greatly enhances the performance of critical cyber warfare systems.

From algorithms to simulation to commercialization, Kronos Fusion Energy plans to build viable fusion energy generators for use at military installations and deployed locations by 2036 and seeks opportunities to incorporate fusion energy across all domains of possible warfare.

Kronos Fusion Energy Defense Systems plans to get fusion energy out of the laboratory and on any potential battlefields by aggressively synchronizing a unity of efforts. Brig. Gen. (ret.) Paul E. Owen, Founding Partner and CEO of Kronos Fusion Energy Defense Systems, advised in congruence, “KFEDS recognizes the criticality of the commercialization of emerging technologies and are already grabbing the bull by the horns, building a team that incorporates leadership from across the three pillars of academia, government and industry. This unified effort will allow us to deliver clean, limitless fusion energy to the American people.”

For further information:

Kronos Fusion Energy

1122 Colorado St

Austin, TX 78701

https://www.kronosfusionenergy.com/

PR Contact – Erin Pendleton – e.pendleton@kronosfusionenergy.com

Source: Kronos Fusion Energy

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March 15, 2022
A Machine Learning Company in California Using Quantum Computers at Mathlabs Ventures is Building the First Q40 ME Fusion Energy Generator Using Advanced AI & Neural Networks

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Harvard Mathematicians using Artificial Intelligence, Machine Learning, Blockchain and Neural Networks on a Quantum Computer have developed breakthrough algorithms and simulations that will enable the world’s most efficient Fusion Energy Power Plants to be opened 20 years earlier than planned with a Q40 Mechanical Gain by Kronos Fusion Energy Algorithms

Press Release
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Jan 10, 2022

IRVINE, Calif., January 10, 2022 (Newswire.com)
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Kronos Fusion Energy Algorithms LLC (KFEA-Q40) and MathLabs Ventures announced today that after 60 years of global research, the Fusion Energy industry is now poised to accelerate their growth rapidly to build commercially viable power plants 20 years earlier than planned because of three recent major advances in technology. The three major problems with reaching commercial success in Fusion Energy have recently been overcome with these three new technological advancements that together will make it possible to build efficient Fusion Energy Power Plants on Earth by the mid-2030s. These innovations, ongoing contracts & patents put KFEA’s current valuation at $530m with $1.2B in projected earnings over the next 2 years.

“We at Kronos are building a world-class team of mathematicians, physicists, scientists and other professionals whose mission is to reverse global warming by helping to make Fusion Energy commercially viable in the near future,” said Michael Pierce Hoban, the CEO of Kronos Fusion Energy Algorithms

Recreating the power of the sun on earth in a controlled manner takes computing power, machine learning, artificial intelligence, blockchain, quantum computers, neural networks, and other technological advances that were not even dreamed of 60 years ago when Fusion Energy research began globally. But now, with these three technological breakthroughs, the global competition to design the next-generation Fusion Energy Power Plants that are more efficient than today’s carbon-burning power plants is underway in full swing.

The first technological barrier that was overcome is that the computing power now exists to model the sun in simulations more accurately with the launch of the Summit Supercomputer in Oak Ridge that set the world record in 2018, and in June 2021, Japan’s Fugaka Supercomputer set a new world record of 422 petaflops.

The second technological barrier that was overcome in September 2021 was the announcement of the most powerful magnet ever created on earth (https://news.mit.edu/2021/MIT-CFS-major-advance-toward-fusion-energy-0908). This is the first magnet with enough power capable of containing a fast-moving plasma field at heats in excess of 150M degrees Celsius without touching and melting the containment barrier.

The third technological barrier that has been the most difficult to overcome is the 1% efficiency rate (Q1 Mechanical Gain) of the top fusion energy demo reactors on earth today. The first two breakthroughs will enable the world’s top Fusion energy designers to reach a 25% efficiency rate (Q25 Mechanical Gain) by 2050. This has been a major technological barrier because there has been no fusion energy reactor solution that has been proposed in the world that exceeds 25% efficiency until now.

Kronos Fusion Energy Algorithms LLC announced that after five years studying the global research in Fusion Energy, we have developed advanced algorithms and simulations to achieve a 40% efficiency rate (Q40 Mechanical Gain) for Commercial Fusion Energy Power Plants that will enable a 20-year advancement in the launch dates of the world’s first Fusion Energy Power Plants that are more efficient than today’s carbon burning power plants. Our algorithms and simulations use Artificial Intelligence, Machine Learning, neural networks, blockchain, quantum computing and other advances to reduce the error rate at a Fusion Energy Reactor from the 15% error rate experienced today at the International Thermodynamic Experimental Reactor (ITER) in France to a 1% error rate after our simulations have optimized the numerous variables to identify the disruptions that cause 31% of the maintenance shutdowns at ITER.

Kronos Fusion Energy Algorithms: Developing ALGORITHMS & SIMULATIONS to build Micro Fusion Energy Generators with Q40 Mechanical Gain for a CLEAN + LIMITLESS Energy Future

MEDIA CONTACT:

PRIYANCA FORD

Founder & Chief Strategy Officer at Kronos Fusion Energy Algorithms

Priyanca_Ford@post.harvard.edu

Source: MathLabs Ventures

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January 10, 2022