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Northwest teams win federal funding for tech innovations

OSU prof Pallavi Dhagat in the lab
Oregon State University Professor Pallavi Dhagat works on semiconductor research in the lab. (OSU Photo / Johanna Carson)

Four Pacific Northwest public-private partnerships have won support from the National Science Foundation through a $43 million nationwide program to promote regional technology innovations.

The NSF’s Regional Innovation Engines program is aimed at ensuring that the U.S. remains in the vanguard of technological competitiveness. Forty-four teams in all were selected to receive up to $1 million in Type-1 funding each for up to two years to develop program proposals in their chosen fields.

Programs that are selected for Type-2 funding could eventually receive up to $160 million over the course of 10 years.

“These NSF Engines Development Awards lay the foundation for emerging hubs of innovation and potential future NSF Engines,” NSF Director Sethuraman Panchanathan said today in a news release. “These awardees are part of the fabric of NSF’s vision to create opportunities everywhere and enable innovation anywhere. They will build robust regional partnerships rooted in scientific and technological innovation in every part of our nation.”

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Universe Today

Type One Energy raises $29M for a crazy fusion reactor

Illustration: Stellarator fusion device design
A stellarator uses a contorted configuration of magnets to confine superheated plasma. (Credit: Type One Energy)

A Wisconsin-based startup called Type One Energy says it’s closed an over-subscribed $29 million financing round to launch its effort to commercialize a weird kind of nuclear fusion device known as a stellarator.

Breakthrough Energy Ventures, the $2 billion clean-energy fund created by Microsoft co-founder Bill Gates, partnered with TDK Ventures and Doral Energy Tech Ventures to co-lead the investment round. Other backers include Darco, the Grantham Foundation, MILFAM, Orbia Ventures, Shorewind Capital, TRIREC and Vahoca.

Stellarator fusion devices rely on a pretzel-shaped torus of magnets to contain the plasma where fusion takes place. They have a design that’s strikingly different from, say, the giant tokamak that’s being built for the multibillion-dollar ITER experimental fusion reactor in France, or the laser-blasting device at the National Ignition Facility in California that recently hit an energy-producing milestone. Some have gone so far as to call stellarators the “fusion reactor designed in hell.”

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GeekWire

Clean-energy funding gives ‘Hydrogen Valley’ a boost

Zero-emission haul truck
This ore-hauling truck is powered by a hydrogen-fueled powerplant. (First Mode / Anglo American Photo)

First Mode, the clean-energy company that was recently transformed from a Seattle startup into an Anglo American subsidiary, is getting a boost from Washington state.

The Washington State Department of Commerce awarded $250,000 in economic development funding to the Economic Alliance of Lewis County to help First Mode with design and construction costs related to the company’s future facility in Centralia, Wash.

First Mode is planning to turn a former coal mine site, leased from TransAlta, into a proving grounds for its hydrogen-fueled hybrid powertrain for heavy mining trucks. The building plan calls for providing 7,500 square feet of office space and 20,000 square feet of outdoor yard space, with an option for expansion.

The powertrains have been under development at First Mode’s lab in Seattle, and last year a prototype truck made its debut at a platinum mine in South Africa.

Eventually, Anglo American plans to have First Mode convert hundreds of ultra-class haul trucks to run on hydrogen and battery power. The technology for the trucks and the fueling and charging infrastructure will be tested at the Centralia site.

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Universe Today

Fusion breakthrough raises hopes — and questions

National Ignition Facility support structure
A color-enhanced image shows the inside of a preamplifier support structure at the National Ignition Facility. (LLNL Photo / Damien Jemison)

For the first time ever, physicists have set off a controlled nuclear fusion reaction that released more energy than what was put into the experiment.

The milestone laser shot took place on Dec. 5 at the U.S. Department of Energy’s National Ignition Facility at Lawrence Livermore National Laboratory in California. The fact that there was a net energy gain qualified the shot, in technical terms, as ignition.

“Reaching ignition in a controlled fusion experiment is an achievement that has come after more than 60 years of global research, development, engineering and experimentation,” said Jill Hruby, under secretary of energy for nuclear security and the administrator of the National Nuclear Security Administration.

However, officials acknowledged that it’s still likely to be decades before commercial fusion power becomes a reality. They said the most immediate impact of the breakthrough will be felt in the field of national security and the stewardship of America’s nuclear weapons stockpile.

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GeekWire

Mammoth zero-emission mining truck makes its debut

Anglo American mining truck
First Mode built the power plant for the world’s largest zero-emission truck. (Anglo American Photo)

After years of development, the world’s largest zero-emission vehicle was unveiled today at a South African platinum mine, with a hydrogen-fueled hybrid powerplant designed and built by Seattle-based First Mode.

Anglo American’s three-story-tall, 200-ton nuGen hybrid mining truck received a grand sendoff from South African President Cyril Ramaphosa at the Mogalakwena open-pit platinum mine. “It is a smart step for Anglo American, but a giant leap for South Africa’s hydrogen economy as we move into the future,” Ramaphosa said. “The hydrogen economy is beckoning us as a country and as an industry.”

Chris Voorhees, president and CEO of First Mode, said zero-emission industrial power will play a key role in addressing the global climate crisis. Large trucks currently account for 70% to 80% of diesel fuel consumption at Anglo American’s mines, but one nuGen truck is expected to keep the equivalent of carbon dioxide emissions from 700 cars out of the atmosphere.

“At First Mode, we know we are at a ‘fire-everything’ moment,” Voorhees said in a news release. “The urgency in front of us requires that we deploy every tool and every technology to battle climate change. I’m so proud of the team and our partnership with Anglo American, focused on decarbonization at the source to effect the meaningful, necessary change we all seek.”

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GeekWire

TerraPower wins $8.5 million for nuclear fuel recycling

TerraPower lab
A panoramic view shows TerraPower’s laboratory in Bellevue, Wash. (GeekWire Photo / Kevin Lisota)

BELLEVUE, Wash. — TerraPower, the Bellevue-based nuclear power venture co-founded by Bill Gates, has won an $8.55 million grant from the U.S. Department of Energy to work on safer methods to recover uranium from used nuclear fuel.

TerraPower’s recycling process is among 11 projects that will receive a total of $36 million in federal funding from the department’s Advanced Research Projects Agency – Energy, or ARPA-E. The grants are aimed at supporting technologies that would limit the amount of waste produced by advanced nuclear reactors.

““Developing novel approaches to safely manage nuclear waste will enable us to power even more homes and businesses in America with carbon-free nuclear energy,” Energy Secretary Jennifer Granholm said today in a news release. “ARPA-E is doing just that by supporting companies and universities that are working on next-generation technologies to modernize advanced reactors and strengthen the nation’s clean energy enterprise.”

TerraPower’s grant is the largest of the 11 announced today for ARPA-E’s ONWARDS program. The acronym stands for “Optimizing Nuclear Waste and Advanced Reactor Disposal Systems.”

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IPO brings in $287.5M to spend on space ventures

Rob Meyerson
Space industry executive Rob Meyerson speaks at a 2016 conference. (ISPCS via YouTube)

A blank-check company that has former Blue Origin President Rob Meyerson as its CEO has completed a $287.5 million initial public offering, furthering its plans to link up with ventures focusing on space, cybersecurity and energy innovation.

C5 Acquisition Corp. closed the IPO with the sale of 28.75 million units at $10 per unit, which was 3.75 million units above the original allotment for sale. Those units are now listed as CXAC.U on the New York Stock Exchange, and common stock is expected to be listed as CXAC.

Blank-check companies — formally known as special-purpose acquisition companies, or SPACs — use their capital to pursue mergers or other types of business combinations with ventures in targeted industry segments.

The strategy typically accelerates the process of going public, and it’s been used with a growing number of space ventures, including Virgin Galactic, Virgin Orbit, Rocket Lab, BlackSky and Astra. Seattle-area telecom pioneer Craig McCaw played a key role in the SPAC deal involving Astra, which set that company’s value at $2.1 billion.

In a news release, C5 Acquisition Corp. said it would look for deals related to national security concerns.

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Cosmic Tech

Commercial fusion ventures bring in billions of dollars

Fusion magnet
This superconducting magnet is meant to blaze a trail for fusion power. (CFS/MIT-PSFC Photo / Gretchen Ertl)

Commonwealth Fusion Systems has topped off a banner year for investment in commercial fusion projects with a $1.8 billion funding round for a concept that takes advantage of super-powerful superconducting magnets.

When you add in funding for other ventures, total private investment in fusion over the past year amounts to more than $2.7 billion.

Among the investors: Microsoft co-founder Bill Gates, who’s backing Massachusetts-based Commonwealth Fusion Systems, or CFS; Amazon founder Jeff Bezos, who’s supporting Vancouver, B.C.-based General Fusion; PayPal co-founder Peter Thiel, who’s investing in Everett, Wash.-based Helion Energy; and Google, which is getting behind California-based TAE Technologies.

CFS said its Series B funding round, led by Tiger Global Management, will provide enough capital to get its SPARC fusion machine up and running in Devens, Mass., in cooperation with MIT. In addition to Gates, the list of investors includes Google, Salesforce CEO Marc Benioff’s TIME Ventures, Breakthrough Energy Ventures, Soros Fund Management LLC and actor Robert Downey Jr.’s Footprint Coalition.

“The world is ready to make big investments in commercial fusion as a key part of the global energy transition. This diverse group of investors includes a spectrum of capital from energy and technology companies to venture capitalists, hedge funds, and university endowments that believe in fusion as a large-scale solution to decarbonize the planet,” CFS CEO Bob Mumgaard said in today’s news release.

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TerraPower picks Wyoming site for its first nuclear plant

TerraPower Natrium nuclear plant
An artist’s conception shows the layout for the Natrium reactor demonstration project in Kemmerer, Wyoming. (TerraPower Illustration)

TerraPower, the nuclear power venture backed by Microsoft co-founder Bill Gates, has chosen a soon-to-be-retired coal-fired power plant in Wyoming as its preferred location for a next-generation demonstration reactor.

After an evaluation process that included meetings with community members, the Bellevue, Wash.-based venture selected Kemmerer, Wyo., for the site of its Natrium reactor, which will make use of technology from TerraPower and GE-Hitachi.

The project is one of two projects supported by the U.S. Department of Energy with an initial funding round totaling $160 million. The other project is planned by Maryland-based X-energy, with Washington state’s Hanford nuclear reservation selected as the preferred location. The Department of Energy plans to invest a total of $3.2 billion over a seven-year period to turn the concepts into reality by 2028, with matching funds provided by industry partners.

TerraPower had previously signaled that it planned to build the demonstration reactor at one of PacifiCorp’s four retiring coal-fired plants in Wyoming, but today’s announcement revealed the precise location.

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Cosmic Tech

Fusion research gets a $500M boost at Helion

Helion's Chris Piel and David Kirtley
Helion's co-founders include chief technology officer Chris Pihl and CEO David Kirtley. (Antenna Group Photo / Aderet Brenner)

Helion is revving up its quest to commercialize nuclear fusion power with a $500 million funding round led by tech investor Sam Altman.

Altman, who’s the CEO of OpenAI and the former president of the Y Combinator startup accelerator, will help raise another $1.7 billion if Helion reaches key milestones on the way to producing a net electricity gain by 2024.

Fusion power takes advantage of the nuclear chain reaction that takes place in the sun, unleashing massive amounts of energy in accordance with Albert Einstein’s famous equation E=mc2. The process is more energetic and potentially less polluting than the more familiar type of nuclear power, produced in fission reactors.

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