Focus Fusion: Transformative Energy Technology Lawrenceville Plasma Physics, Inc. Derek Shannon | Derek@LPPhysics.com | http://LPPhysics.com
Focus Fusion: Transformative Energy Technology Lawrenceville Plasma Physics, Inc. Derek Shannon| Derek@LPPhysics.com | http://LPPhysics.com
Investor Highlights • Market: Baseload electric generation – Valuable spin-offs in NDI, medical isotopes • Best results w ith most capital efficient tech – $2M+ into facility opened 2009, record fusion yields • Closest to game-changing breakthrough – <$2M, this year, straightforw ard engineering • Proven team – 50+ years biz/tech experience, w ith unique expertise • US/Oz patent issued, w orldw ide pending • Strong shareholder’s agreement, traction – 40 private investors , w ith Abell Foundation • Exit: IPO or buy back upon commercialization
Competition illustrates key advantages for LPP Aneutronic fusion TriAlpha, Polywell, LPP Nat’l Ignition Facility, D-T fusion Iter, General Fusion B&W mPower, NuScale, Fission Terrapower, Areva
Aneutronic: No neutrons → No $$$ turbines • Direct conversion to electricity • Large reduction in costs • Abundant fuel: – Hydrogen and Boron Safe, nothing to run aw ay NO radioactive w aste Worth a try, goshdarnit!
What is Focus Fusion? Controlled Nuclear Fusion using Dense Plasma Focus + Hydrogen-Boron (Aneutronic) Fuel
But is Focus Fusion HOT? Yes,
A patented, low -cost approach… …backed by peer-review ed research
This beam means business
Meet Focus Fusion – 1 • 12 capacitor bank • Stored energy – 115 kJ • Capacitor potential – 45 kV • Goal peak current >2 MA • Pressure <5% atmosphere • Key Features: – Small electrodes for mega-amp DPF – 5 cm cathode, 2.8 cm anode – Axial field coil 10
Innovation on the shoulders of giants • 2009: LPP Focus Fusion-1 • Rich body of DPF lab begins experiments scientific literature since invention in ‘60’s • Testing our key innovations to • Dozens of research demonstrate scientific groups w orldw ide feasibility of focus fusion – X-ray/neutron applications – US teams at KSU, NSTec Accurate Optimal Efficient angular DPF beam momentum capture model QMF to Efficient X-ray reduce X- capture rays
Innovation at the heart of FoFu-1 Anode Cathode AFC coil Drift tube • Time of flight neutron/X-ray detectors • Time of flight ion beam detectors (Rogow ski coils) Silver activation detector • Bubble detectors 12
Goal product: 5 MW Focus Fusion generator Low er projected cost than any other energy tech $60/kW, .2 cents/kW-hr
The Product 5 MW Generator • Clean • Inexpensive • Safe • Compact
Pulsed pow er makes it possible • Inherent safety • Brief confinement
US Patent #7,482,607 (2009) Method and apparatus for producing x-rays, ion beams and nuclear fusion energy
Record relative fusion yields January 2011
Focus Fusion ready to extend lead Dinosaurs ready for disruption! NIF - lasers ITER - tokamak 30 years, $30 billion, not designed to produce power
LPP leads the clean fusion race LPP! w/<$1M Goal conditions machine for energy $8M breakthrough! Bussard polywell Princeton Tokamak Competition $100M+ Paul Allen/Tri-Alpha
ICOPS 2011: LPP’s FoFu-1 leads NIF
The challenges: Two dow n, one to go Enough heat Enough time Density: On track for 2012
Local, international media take note
Fast track to commercialization Next: Achieve high densities w ith commercial fuel $1M / 1 yr – conclude scientific feasibility $38M / 4 yrs – for commercial generator
Timeline for Total Energy Transformation Example: Tesla Model S, 1 st year (2012) production 5-7k vehicles Example: 2M total EV’s in 2014 2016: Mass manufacture with worldwide JV 2015-2016: partners and licensees Commercial prototype 2012-2013: Scientific demo They’ll stack!
Huge Market Potential Tesla S launch year equivalent 5,000 FoFu units: 25GW; 1/100 th 2014 global EV equivalent 20,000 FoFu units: 100 GW “Chindia” price: the price at which India and China would adapt a technology for economic reasons. “ Everything’s a toy until it reaches that point” –Vinod Khosla
Team • Eric Lerner , President and Chief Scientist – 28 years in plasma physics research – 2 patents, papers, Google TechTalk • Aaron Blake , CFO/Chief mechanic – MBA, 2 start-ups, 9 years USAF officer, patent • Derek Shannon , Bus. Development/Lab Coordinator – Caltech, USC; tech commercialization and space policy • Off-site/part-time – Fred von Roessel, electrical engineer, IEEE lifetime – Dr. John Guillory, GMU Prof. Emeritus – Dr. Warw ick Dumas, simulation lead, UK – Dr. John Thompson, leading pulsed pow er expert – Ivana Karamitsos, IT – Grad students M. Ismail and A. Mohamed, Kansas State • Active Board of Advisors • Focus Fusion Society: Nonprofit outreach/education
Questions? http://LPPhysics.com | lpp@LPPhysics.com
Investor Highlights • Market: Baseload electric generation – Valuable spin-offs in NDI, medical isotopes • Best results w ith most capital efficient tech – $2M+ into facility opened 2009, record fusion yields • Closest to game-changing breakthrough – <$2M, this year, straightforw ard engineering • Proven team – 50+ years biz/tech experience, w ith unique expertise • US/Oz patent issued, w orldw ide pending • Strong shareholder’s agreement, traction – 40 private investors , w ith Abell Foundation • Exit: IPO or buy back upon commercialization
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