๐ฐ TRANSMUTEX (CH) closes a CHF20m Series A2 round jointly led by Union Square Ventures and Steel Atlas. Other investors participating in the round include At One Ventures, HCVC, AlleyCorp, House Of Ventures, Verve Ventures, FONGIT and Tiny Supercomputer Investment Company. The startup was founded in 2019 by CERN scientists with the objective to develop an accelerator-driven thorium reactor.
๐ NASA concludes the initial phase of its Fission Surface Power Project. Three $5 million contracts were awarded in 2022 to commercial partners to develop the initial design for a 40 kWe reactor under six metric tons for the Moon. The output should include its power systems, estimated costs, and development schedule. The target date for delivering a reactor to the launch pad is the early 2030s.
๐ The European Nuclear Society Young Generation Network launches the Innovation 4 Nuclear National European Competition. Eight countries are taking part: Italy, France, Spain, UK, Hungary, Bulgaria, Germany and Poland. In partnership with the International Youth Nuclear Congress (IYNC), the winners of the European contest will go on to compete globally in Abu Dhabi
๐จโ๐ Paper of the week: "First application of data assimilation-based control to fusion plasma",ย Nature Scientific Reportsย (2024).
๐ Predictive capability of fusion reactor control system enhanced by data assimilation.
๐ Did you spot anything else? Let me me know!