HB11 Energy will launch a $22 million project to develop the next-generation high-power lasers

Australia’s first laser fusion energy company HB11 Energy will launch a $22 million project to develop the next-generation high-power lasers needed to create a multi-billion dollar nuclear fusion energy industry from Australia, and export this capability to the world. The HB11 Energy project forms part of a $50 million Trailblazer grant awarded to the University of Adelaide and University of New South Wales under the “Defence Trailblazer for Concept to Sovereign Capability” bid. It comprises a $6 million grant and $16 million in contributions from partners. HB11 Energy will assist with the proof-of-concept and development of new petawatt laser technology that is suited to generating hydrogen-boron fusion.

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