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Fusion is the fundamental energy source of the universe • Fusion combines light elements into heavier ones, which releases large amounts
of energy via E = mc2.• Proton-proton fusion chain occurs in the sun and sustains life on earth — very
slow process. • We require fast fusion (i.e. DT) on Earth since we cannot use gravitational
confinement — magnetic and inertial fusion are two main choices.
October 30, 2018 CTFusion, LLC - Non-Confidential 2
Gravitational FusionMagnetic Fusion Inertial Fusion
Fusion power is an attractive energy source to pursue for commercial electricity production
• No greenhouse gas emissions
• No long-lived radioactive waste
• No chance of a meltdown
• Abundant, low-cost fuel present in water
• High power density leads to small physical footprint.
• Reliable baseload power, and able to meet peak load demands as well with smaller fusion systems.
October 30, 2018 CTFusion, LLC - Non-Confidential 3
Magnetic plasma confinement is leading approach to commercial fusion energy production
• Use magnetic fields to confine a reacting deuterium-tritium (DT) fusion plasma.
• Best shape of magnetic bottle is a torus (i.e. donut), but method of generating magnetic fields differ.
• Large economic trade-offs between using plasma currents versus external coil sets for generating magnetic fields.
October 30, 2018 CTFusion, LLC - Non-Confidential 4
CTFusion’s approach uses the maximum amount of plasma current possible to minimize costs
• Using spheromak plasma maximizes use of plasma current while maintaining plasma stability.
• Can operate in steady-state with only one, easily protected coil set.
• Sustained spheromak reactors can be be competitive with conventional energy sources.
October 30, 2018 CTFusion, LLC - Non-Confidential 5
CTFusion is a spinout company from DOE-funded UW research
October 30, 2018 CTFusion, LLC - Non-Confidential 6
Magnetic flux coils
Air-core transformer
Copper plasma chamber
Imposed magnetic fields (gray)
Spheromak magnetized plasma (colors)CTFusion uses the most established
approach to fusion: deuterium-tritium (DT) magnetic fusion energy (MFE).
Our patented imposed-dynamo current drive (IDCD) plasma sustainment
technology efficiently sustains low-cost
spheromak fusion power cores.
CTFusion assumes the minimum amount of risk to enable cost-competitive fusion power plants.
CTFusion’s ultimate product: Flexible, reliable, clean fusion power plants
October 30, 2018 CTFusion, LLC - Non-Confidential 7
1 GWe Reactor Vision –10x larger than current prototypes
• CTFusion’s technology allows the customer to choose their desired power output.
• Commercial fusion reactor output will range between ≈100 MWe and 1000+ MWe.
• Baseload power output is primary mode of operation, but technology is flexible.
• Smaller output reactors will be able to be ramped quickly, larger ones will best be used for baseload capacity.
CTFusion plans to build its next generation prototype fusion device
• Next prototype fusion device will be a 3-4 year project that will de-risk many critical components for the ultimate success of this approach to commercial fusion energy.
• Key areas of de-risking are: plasma performance, engineering performance, and technology scalability.
• A successful next-generation prototype device will provide a meaningful step towards ultimate commercialization of this clean energy technology.
October 30, 2018 CTFusion, LLC - Non-Confidential 8
October 30, 2018 CTFusion, LLC - Non-Confidential 9
Derek Sutherland Co-Founder & CEO
Aaron Hossack CTO
Chris AjemianVP Business Dev. & Regulatory Affairs
Contact
October 30, 2018 CTFusion, LLC - Non-Confidential 10
October 30, 2018 CTFusion, LLC - Non-Confidential 11
CTFusion Management Team
• Derek A. Sutherland, Co-Founder and CEO of CTFusion• Experience working on multiple public and private fusion ventures.• Ph.D., University of Washington, expected Dec. 2018.• B.S., Massachusetts Institute of Technology, Physics and Nuclear Engineering
• Thomas R. Jarboe, Co-Founder and President of CTFusion• Leader in the development of spheromak fusion devices since the 1980s.• Funded by the U.S. Dept. of Energy for 28 years at ~ $1M/year. • Discovered Imposed-Dynamo Current Drive (IDCD) in 2012.
• Aaron C. Hossack, CTO of CTFusion• Lead experimentalist in charge of operations with over 10 years experience working on all
aspects of the current operating prototypes at the University of Washington. • Ph.D., University of Washington.
• Chris K. Ajemian, VP of Business Development and Regulatory Affairs• Experienced leader in commercialization.• Former corporate lawyer, software CEO, and PNNL nuclear nonproliferation analyst.• J.D., M.A. University of Washington