Jeff Bezos And Other Companies Sunk Over $127 million On Nuclear Fusion

The idea of Nuclear Fusion was initiated by a 40-year-old physicist, Michel Laberge in 2002. He quit his job at a Laser Printing Company to pursue his passion for Nuclear Fusion development.

Laberge, who is presently the company's chief scientist, was attracted to Nuclear fusion because of its world changing possibilities. Unlike nuclear fission which involves splitting of heavier atoms to form lighter ones with the release of radioactive waste, nuclear fusion produces no nuclear waste, no environmental harmful gasses, it can't be used to produce weapons, and it cannot cause a power plant to breakdown.

Nuclear fusion occur when two light atoms come together to form a heavier one with the release of energy. It is the process that powers the sun and stars. It also uses deuterium which is found in hydrogen, the major element in water. According to Live Science, a gallon of seawater can produce over 300 gallons of gasoline.

However, Jeff Bezos and companies like Cenovus Energy have invested more than $127 million to build up the company. According to Crenchbase, billions of more dollars have been invested in about two dozens other nuclear fusion start ups, such as Lockheed Martin's compact nuclear reactor.

Although, no one has commercialized nuclear fusion, the race of being the first to sponsor it is on and whoever does will be able to bring power to over one billion people who don't have access to electricity, power cars and aid companies to operate without having to release harmful emissions.