Can someone with some knowledge on nuclear energy explain to me how this solution varies from say, General Fusion ( http://www.generalfusion.com )? They're a company more local to me, and while these companies are looking to accomplish the same thing, their approaches are wildly different.
Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
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Re: Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
#32another perpetual motion machine?
Nah. Just a very risky investment. ITER uses "safe" physics that we know how works - it's a magnificent engineering exercise, but there are no new insights in fusion per se required. These guys seem to be aiming for an alternative solution with more eccentric science behind it. It will probably not work out, but neither does most start-ups.
Re: Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
#33Three decades? Either this is a very long-term investment, or a very confusingly written article.
Re: Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
#34> Helion CEO David Kirtley says that his company can do it in three. Three... years? Decades? Days? Millennia?
We are hoping three years, three decades is just too late to matter. Part of what was not mentioned are the years that we have put into this already. Fusion is definitely a tough problem, but one that is worth it to solve.
Re: Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
#35is this the equivalent of throwing shit at the wall and see what sticks? why do vcs with a specialty in software suddenly stray into completely unknown territory? nothing left to fund in software? rarely does this end well.
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Re: Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
#36Excellent news, I can't wait to drive a Tesla powered by fusion power.
Re: Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
#37Earlier quoted context omitted.
Nah. Just a very risky investment. ITER uses "safe" physics that we know how works - it's a magnificent engineering exercise, but there are no new insights in fusion per se required. These guys seem to be aiming for an alternative solution with more eccentric science behind it. It will probably not work out, but neither does most start-ups.
What is meant by eccentric science? Would you be specific?
Re: Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
#38Anyone have more insights into how this works? The figure, deuterium fuel is confusing as deuterium is an isotope and am unsure what they mean 'extraction' (how?).
Re: Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
#39It's interesting that you can justify this investment in at least four separate ways, independently: 1) Even if there is a low chance of success, it would be wildly profitable if successful, and investing early gets you a good share if it's successful. 2) Fusion power would make the world a better place; investing in this way, when you already have huge returns and it's someone else's money, is actually rational even…
That said, I am looking forward to at least one of the fusion efforts bearing fruit. I'm something of an optimist here but I expect a durable solution to the 'energy problem' to emerge from our developing understanding of both quantum mechanics and particle physics. I am also cognizant of the fact that it also raises the bar on both good and bad things that humans can do. The tricky parts are in the transitions, pre and post event.
Re: Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup
#40> Helion Energy [...] says it has a plan to build a fusion reactor [..], a challenge whose solution has been considered decades away for, well, decades. Helion CEO David Kirtley says that his company can do it in three. Three decades? Either this is a very long-term investment, or a very confusingly written article.