📚 Jeff Bezos-Backed Company General Fusion To Build Nuclear Fusion Facility In UK

Last Thursday, a Canadian company backed by Jeff Bezos, called General Fusion, announced it's building a nuclear fusion facility in the UK. Insider reports: General Fusion and the UK Atomic Energy Authority (UKAEA) announced the project together, which will see General Fusion build a fusion demonstration plant in the village of Culham, near Oxford. The facility will be a proof-of-concept, allowing General Fusion to demonstrate its Magnetized Target Fusion (MTF) technology before going on to build its first commercial facility. According to General Fusion, construction will begin in 2022, and it is expected to be about three years before the plant is able to open. "This new plant by General Fusion is a huge boost for our plans to develop a fusion industry in the UK, and I'm thrilled that Culham will be home to such a cutting-edge and potentially transformative project," the UK science minister, Amanda Solloway, said in a statement. The BBC reports Bezos has been an investor in General Fusion for over a decade, and the company raised $100 million in its latest funding round.

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