HB11 Energy awarded $20M project as part of building the largest recycling and clean energy advanced manufacturing ecosystem in Australia

Australia’s first laser fusion energy company HB11 Energy has been awarded a $20 million project as part of Deakin University’s plans to build “the largest recycling and clean energy advanced manufacturing ecosystem in Australia”. The $20 million project comprises a ~$6 million grant from the $50 million granted to Deakin University through the Federal Government’s Trailblazer Universities Program, plus $14 million in contributions from partners. It will see HB11 Energy work with Deakin’s Recycling and Renewable Energy Commercialisation Hub (REACH) to manufacture hydrogen-boron fusion fuels. Hydrogen-boron reactions could provide large-scale power for… Read More

HB11 Energy awarded $22m laser project to build sovereign nuclear fusion energy capabilities

Australia’s first laser fusion energy company HB11 Energy will launch a $22 million project to develop the next-generation high-power lasers needed to create a multi-billion dollar nuclear fusion energy industry from Australia, and export this capability to the world. The HB11 Energy project forms part of a $50 million Trailblazer grant awarded to the University of Adelaide and University of New South Wales under the “Defence Trailblazer for Concept to Sovereign Capability” bid. It comprises a $6 million grant and $16 million in contributions from partners. HB11 Energy will assist with the… Read More

Investor Update: Series A now open to Sophisticated Investors

Thanks to those of you who have expressed an interest in investing in HB11 Energy. We are pleased to announce that HB11 Energy is now raising capital! We are seeking to raise USD$20m to fund the next stage of research as our global scientific team moves to meet a series of science and engineering milestones to take us closer to making nuclear fusion a commercial reality. We are currently meeting with Institutional Investors (Funds) and will open our round to Sophisticated Investors (High Net Worth Individuals) shortly. To see if you qualify… Read More

HB11 Energy talks about the future of clean energy at the [i3] Investment Innovation Institute

Earlier this month, HB11 Energy M.D., Dr. Warren McKenzie, gave a plenary talk about the future of energy at the [i3] Investment Innovation Institute Asset Allocation Forum in Bowral, NSW Australia. [i3]’s event provided a forum for leaders of major Australian funds, largely representing superannuation, to discuss investment strategies in unprecedented economic conditions. Talking fusion energy in a Keynote address to investors with more than one trillion dollars under management is not an opportunity that comes along every day. Warren spoke about the use of laser technology to fuse hydrogen and boron… Read More