Fusion startup Inertia Enterprises has raised $450M to prove that lasers—not magnets—are the future of fusion energy. (Bloomberg)
Co-founder Annie Kritcher was lead designer of the 2022 Lawrence Livermore breakthrough—the only fusion experiment that's ever produced net energy gain.
To make it work at scale, Inertia plans to build 1,000 lasers firing 10X per second at tiny fuel pellets—a system they say could be 1 million times more powerful than Livermore's. Commercial plant construction is targeted for 2030.