Energia
Fusion energy start-up HB11 Energy launched to accelerate German-Australian physicist Heinrich Hora's vision of clean, safe and abundant fusion energy
The round was entirely funded by high-net-worth individuals.
said Dr Warren McKenzie , Founder and Managing Director of HB11 Energy.
Prof Hora's career's work has been motivated by the enormous benefits of the HB11 reaction for energy generation over other nuclear energy approaches. The HB11 reaction creates electricity directly, the fuels are safe and abundant, it does not create harmful radiation and there is no possibility of a reactor melt-down. Patents have been granted in four countries for Hora's concept generator.
Prof Hora's theories, developed over half a century of research at UNSW Sydney, were validated in recent years with several academic research groups demonstrating the non-thermal initiation of the HB11 fusion reaction using high-peak-power lasers, of which two were published in 2020. HB11 Energy has launched its experimental program with researchers from Australia , the USA and the UK.
Gadowski is a deep-tech investor with a mission to deliver a better future via technology and a focus on clean energy and next-generation aviation. He has an impressive background as an entrepreneur having grown several companies to multi-billion-dollar valuations. Among these is Delivery Hero, which recently entered the DAX –
Germany's leading stock market index. Others include Enpal, a German solar company for consumers, and Volocopter, globally leading company in the upcoming field of Urban Air Mobility.
said Prof Hora.
As HB11 Energy ramps up its R&D activities this year, it is taking expressions of interest for collaborations with university and public sector researchers. HB11 Energy is also planning to launch a seed fundraising round later this year and is interested in hearing from prospective investors. https://hb11.energy/contact/
Contact:
Warren McKenzie ( Australia /
Asia )
Warren.McKenzie@hb11.energy
Phone: +61-400-059-509
Jan Kirchhoff ( Europe / US)
Jan.Kirchhoff@hb11.energy
Phone number: +352-691-274-42
www.hb11.energy
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