Invest in LPPFusion
Good Bye Fossil Fuels - Hello Fusion Energy!
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Disclosure: I have a financial relationship with LPPFusion
Alan Jacobson
Investor
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Nov 17, 2019
Hi Eric, welcome back. For anyone considering investing, you should know that this company has kept investors fully up-to-date with thoughtful, clear, and transparent updates from the very beginning. I remain very excited about what you are doing and I still feel that if anyone can pull off this absolutely incredible task it will be you and your team. Best of luck!
Chief Information Officer, Communications Director
Thanks Alan!
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This project is incredible. The potential implications are astounding. And, your team is unquestionably more than capable. However, I'm concerned that your pitch almost solely focuses on the efficacy of fusion energy, as opposed to how exactly you intend to bridge the gap between where you are now, and success. In the details you mention the next major milestone is "...[demonstrating] we are the first to attain net energy for a fusion energy device." What are the hurdles to achieving this? Is it a question of "IF", or merely a question of "WHEN"?
President And Chief Scientist
In research there is always an IF, but we are confident. The key hurdle right now is getting our current filaments to stay organized up to the formation of the dense plasmoid. That will drive up density, which drives up fusion yield. We think we will make great progress in our new experiments starting this May. But of course, once we make the progress, we will lift the share price.
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Please advise, you have $49M valuation cap, which is normally Series B valuation, still you not only have no metrics, you haven't finished the research phase yet. Probably I am missing something here. Could you please elaborate how did you come up to this valuation.
President And Chief Scientist
While, as a research project, we can't give an exact justification for the valuation, it is not out of line with the money we have actually raised, over $8 million. Since the energy market we would have a large share of is huge, devaluing our expected revenues by a reasonable estimate of our chance of success would arrive at a much higher number. In the end, this valuation is what people are willing to pay for our shares at this time, so is roughly market-based. See the answer below for our price history
Have you experimentally succeeded in generating electricity from the ion beam efficiently.
President And Chief Scientist
We ourselves have not, but the technology for doing this is mature because people have been taking energy back from accelerator beams for decades. 85% efficiency has been achieved in published papers.
When do you think to reduce the minimum investment limit?
Isn't this Crowdfunding? :)
Thanks
President And Chief Scientist
We can’t reduce it in this round. Sorry! Under this CF regulation, we have to stay under the SEC limit of 500 non-accredited investors, so we would not raise much money if we dropped the minimum. In the future, things may change!
Hi Eric, I read here that you plan to issue and sell licenses, to your technology, I assume? In that case, wouldn’t the manufacturer of the actual generators would get the most profit (and thus the share of the energy market), and not the LPPFusion? I understand, you only plan to build the prototype generator as a demonstrator, not the actual mass produced units, is that accurate? Could you please expand on your industrial manufacturing/production strategy and timeline? E.g as an example analogy, in the semiconductor industry ARM holdings, originally British company (recently acquired by Nvidia from SoftBank) licenses it’s technology, but APPLE company making products based on ARM architecture made the most money! Is my analogy correct, here?
President And Chief Scientist
It really depends on how the license is structured. It can be an even split. We do intend to manufacture, but mainly to get the expertise to advise our licensees. If we did all the manufacture ourselves, it would take much longer to roll out as we would have to accumulate the capital. The licensees would be giant entities that already have the capital.
take bitcoin?
President And Chief Scientist
yes
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Hello! Am I reading this valuation correctly: Your Priced Round valuation has actually DROPPED by a million dollars? ($67.92M May 2023 but was $68.753M Sep 2022). Would you be kind enough to explain what happened? Much appreciated!
President And Chief Scientist
There is some sort of typo that we are tracking down. In reality, the per share price has not changed and the number of shares outstanding has gone up. We raised about $500,000 since Sept 2022.
Stockholder
Can you write how much funding you estimate for each milestone: lppfusion.com/wp-con…ivate-Companies.png
President And Chief Scientist
About $2.5 million for net energy and $100 million for a prototype.
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Have you seen this guy's work? Australian Physicist Heinrich Hora. He claims patents in the US
President And Chief Scientist
Yes, he is a colleague I have known for years. Their patent does not overlap ours. They have a good approach using the same fuel, but their device will be much more costly to build and test, as it needs a large laser. Lasers are also very inefficient, so they needs a much bigger fusion yield. They are also at an earlier stage than we are. They have experiments at other labs' facilities but have yet to build their own device.