Fusion Industry Leaders Hold DC Conference Looking for Investors from ramya licious fission model Watch Video

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✓ Published: 21-Mar-2024

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Fusion Industry Leaders , Hold DC Conference , Looking for Investors.<br/>Fox News reports that leaders in the West's <br/>emerging nuclear fusion industry are <br/>convening this week to attract additional <br/>funding to build commercially-viable reactors. .<br/>The high-level conference takes <br/>place as the industry races to <br/>develop the technology ahead of China. .<br/>Earlier this month, the Biden administration <br/>signed a funding bill that contained <br/>$790 million for fusion science programs in 2024. .<br/>Earlier this month, the Biden administration <br/>signed a funding bill that contained <br/>$790 million for fusion science programs in 2024. .<br/>Unlike current nuclear fission plants, <br/>commercial fusion plants would not produce <br/>any long-lasting radioactive waste.<br/>According to Andrew Holland, CEO of Fusion Industry <br/>Association (FIA), the industry is concerned that fusion <br/>will follow the same pattern as the solar industry.<br/>Much of the technology used in the solar industry was invented in the United States, but manufacturing was primarily handled in China.<br/>It is very clear that China <br/>has ambitions to do the same <br/>sort of thing, both in the supply <br/>chain and the developers. <br/>It's time for the U.S. to <br/>respond to that challenge, Andrew Holland, CEO of Fusion Industry <br/>Association (FIA), via Fox News.<br/>According to an FIA report from last July, private <br/>companies around the world have invested <br/>over $6 billion in fusion technology through 2022. .<br/>Fox News reports that the third annual FIA <br/>conference is expected to attract an estimated <br/>350 attendees from around the world.<br/>Last year, the industry gained momentum <br/>after scientists at California's Lawrence Livermore <br/>Laboratory reported a breakthrough, bringing the <br/>technology one step closer to commercial viability.