Horne Technologies, Inc., founded in 2008, is pioneering breakthroughs in the energy sector with the world's first continuous operation enabled, superconducting, hybrid fusion research device. Combining magnetic and electrostatic confinement with a high-beta cusp configuration, their approach presents a cost-effective and rapid iteration pathway in fusion technology. This unique methodology promises to accelerate progress in the renewable energy landscape.
Key milestones include the successful demonstration of continuous operation in 2017, achieving fusion-temperature conditions in 2022, and completing shielding proof of concept in 2023. With their full-power fusion device expected to come online in 2024, the company plans a pilot plant design by 2025. The ongoing construction of their second-generation prototype is crucial in advancing towards a net energy pilot device.
Headquartered in the United States, Horne Technologies recently secured a $1.65M Series A investment as of 10 March 2022, underscoring investor confidence in their innovative approach to renewable energy.