Dennis Whyte

So Commonwealth's goal is that, I'll just comment to Commonwealth because I'll take some, I guess some credit for this, is that the origins of Commonwealth were in fact in examining that.

Like we could see this new technology coming forward, this new superconducting material.

And the origins of our thought process were really around designing, effectively, the pilot plant or the commercial unit.

It's called ARC, which is actually the step forward after Spark.

And that was the origins of it.

So all the things that were other parts of the plant, like Spark and the magnet, were actually all informed totally by building something that's going to put net electricity on the grid.

And the timing of that, we still hope, is actually the early 2030s.

It's like a thing that actually puts that energy on the grid.

So, Spark is named intentionally, that it's on for a short period of time, and it's the spark of the fusion revolution, or something like that, I guess we could call it.

Yeah, so those are sort of the programmatic challenges of doing that.

And, you know, you talked about SpaceX.

So what has evolved even in the last year or so was, in fact, in March of 2022, the White House announced that it was going to start a program that kind of looks like a SpaceX analogy.

That namely, wow.

we've got these things in the private sector.

We should leverage the private sector and the advantages of what they obtain, but also with the things, like this is going to be hard and it's going to take quite a bit of financing.

So why don't we set up a program where we don't really get in the way of the private sector fusion companies, but we help them finance these difficult things, which is how SpaceX basically became successful through the COTS program.

Fantastic, right?

And that's evolving as well too.

So

The fusion ecosystem is almost unrecognizable from where it was like five years ago around those things.