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Technology Applications & Business Plan Overview
Electrical energy production
today uses mainly coal, oil, and nuclear fuels. In addition to the environmental
concerns, these forms of energy incur additional costs because they have
a large mass per unit of energy that must be transported. We plan to produce
electricity with no environmental impact and almost no fuel mass. We will
replace over a million kilograms of gasoline with a few kilograms of fusion
fuel.
The Target Applications and Markets
Electricity
generation: EPS electric generation systems
will produce electricity for 10% of today's costs using a lower cost non-fossil
fuel.
Automotive: A fusion-based car would cost 10% less to buy and 90%
less to operate than today's cars. There are 15 million cars sold each
year in the United States and 48 million worldwide. Fusion-based cars
will be pollution-free.
Aerospace: We will reduce the mass and cost of an aircraft by 70%,
and reduce space launch costs by more than 95%.
Partners and Competitors
We plan to partner with major electric producers and suppliers.
We will license them to produce electricity as they do now. We plan to
partner with automobile manufacturers to license the technology. We plan
to partner with defense and aerospace contractors to license the technology.
Capital Requirements
EPS is seeking $2 million as a first round of investment
to complete the development of a demonstration unit in eighteen months.
A second investment of $8 million will be needed to complete a prototype
unit in eighteen months after the demonstration unit.
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