Analyzed as a guest, possibly unknown

That's why we're so happy to be starting off with such a great group of investors for our Series A. And if you think about it, commercialization really requires three things.

First of all, you need proven science, so we've got that.

Second is you need a great team.

For a team to go commercialize, you've got my co-founder, Annie, who's the lead designer of the experiment at Lawrence Livermore that achieved this huge milestone.

My other co-founder, Mike Dunn, ran the program that designed the power plant based on that experiment.

Then I'm bringing business experience to the domain as well.

You look at the team that we're building, which is a team that is designed to commercialize.

The third thing you need is funding.

That's why this funding announcement is such a big part of our story.

Well, I think investment in new energy sources is always a long-term play.

No matter what kind of energy you're talking about, it takes time to develop the technology.

Our goal is to have the first fusion pilot plant online in the 2030s available to start producing grid-scale energy.

And our solution is a grid-scale answer to our energy problems.

which can provide enough power to power a million homes or a medium to large-sized city at any one point in time.

And that's just the first plant.

After that, we'll move on to building the second, the third, the fourth, and keep stamping these things out.

Well, the reason why we're betting on the laser-based fusion approach is because it is actually work.

The basic science of our approach, thanks to more than 60 years of work in the national labs and more than $30 billion invested by the government to get to this huge milestone where it actually produced energy.

And so now, that is the time when you want to go commercialize.

And that experiment was first proven in December of 2022.