General Fusion, the Canadian duo who hope to produce a cold fusion power plant for perhaps a tenth the cost of other such promised projects, just got a $12 million shot in the arm.
According to the Toronto Star, the four-year grant comes from a non-profit called Sustainable Development Technology Canada (SDTC). However, SDTC will only provide the grant if General Fusion can match it with $28.7 million in private investment. Considering General Fusion only raised $6 million in its last round of funding, that sounds pretty steep.
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