Fusion power has a fuel problem; Hexium has a laser-powered solution

Here’s a summary of the relevant details from the article about Hexium, the fusion startup:

Startup Information

• Startup Name: Hexium
• Founders: Charlie Jarrott, Jacob Peterson
• Purpose: To solve the supply chain issues for fusion fuel, specifically focusing on the production of lithium-6 isotopes necessary for tritium fuel.

Fundraising Details

• Funding Amount: $9.5 million in seed funding
• Additional Funding: $2.5 million in a credit facility
• Funding Date: October 2024 (specific day not provided)

Investors

• Lead Investors:
  • MaC Venture Capital
  • Refactor
• Participating Investors:
  • Humba Ventures
  • Julian Capital
  • Overture VC
  • R7 Partners

Technology Overview

• Technology Used: Atomic vapor laser isotope separation (AVLIS) for lithium isotopes.
• Key Feature: Utilizes precision lasers to ionize and separate lithium-6 from lithium-7.

Future Plans

• Pilot Plant: Hexium will use the funding to build and operate a pilot plant, aiming to produce tens to hundreds of kilograms of lithium-6.

This information encapsulates the essential details around Hexium’s mission, investors, and future plans in the fusion energy sector.

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2025-04-15 13:00:00