Innovation Winter 2024.25

The US Energy Information Administration has forecasted that by 2050, the world will experience a staggering 50 percent increase in energy demand, making the search for sustainable energy solutions more urgent. Nuclear fusion emerges as a compelling, yet elusive, solution in this landscape. The engineering challenges of replicating the extreme conditions necessary for fusion on Earth, however, have proven more difficult than expected.

method designed to overcome some of the most persistent barriers in fusion engineering. Their prototypes have attracted the attention of necessary investors. Since its founding on Bowen Island in 2002, General Fusion has garnered more than $442 million in funding through 20 investment rounds, drawing interest from high-profile investors that include Amazon founder Jeff Bezos and the Canadian government.

Innovation Winter 2024/25 Innovation Winter 2024/25

23

23

Made with FlippingBook Digital Publishing Software