Re:Dog-walking startup Wag raised $300M, then things got messy
by dmurray on Friday September 27, 2019 @07:17PM
(#21097125)
> We've only invested $1Bn in fusion (according to this article)
This is patently untrue. ITER, the source cited in that article [0], gives a cost so far of $15 billion and rising just for one facility.
What the article actually says is that $1 billion has been invested by venture capital firms in fusion since 2002. Most of the investment, like in the Manhattan Project, comes instead from government sources.
This is patently untrue. ITER, the source cited in that article [0], gives a cost so far of $15 billion and rising just for one facility.
What the article actually says is that $1 billion has been invested by venture capital firms in fusion since 2002. Most of the investment, like in the Manhattan Project, comes instead from government sources.
[0] http://www.iter.org/faq#Do_we_really_know_how_much_ITER_will...