The race to develop the energy source of the future is gathering pace. Who will win? The US and China? Or Europe? German start-up Focused Energy, based in Darmstadt, aims to become the global leader in the construction of commercial laser fusion power stations.
The development of fusion energy is on top of the political high-tech agenda of Germany and the European Union. Fusion start-ups are being founded in great numbers around the planet, especially laser based fusion technology, which attracts huge amounts of risk capital. This spring, Focused Energy raised $240 million dollars alone – the largest figure ever raised in the first round of financing in the global fusion industry.
