lppFusion

About the offering

LPPFusion is a small nuclear fusion research and development company based in Middlesex, NJ, pursuing a technology it calls 'Focus Fusion.' The company uses a device known as a dense plasma focus (DPF) combined with hydrogen-boron (pB11) fuel, which it claims produces zero radioactive waste and only helium as a byproduct. LPPFusion's core scientific claim is that it leads all private fusion companies in wall-plug efficiency — the ratio of fusion energy output to total energy input — based on peer-reviewed research published in the Journal of Fusion Energy in March 2023. The company also claims to have achieved the highest confined ion temperatures (above 2 billion degrees) and the highest plasma purity of any fusion experimental device. In August 2025, LPPFusion reported breaking its own records for fusion yield and confirming key theoretical predictions. In 2024, the company completed development of new dual switches after a three-year effort, achieving a 40% increase in peak current to 1.8 million amps, doubling the energy available for fusion. The company's approach differs from large government-backed programs (e.g., JET, NIF) in that it works with, rather than against, natural plasma instabilities, and uses a much smaller and less expensive device. LPPFusion plans to produce electricity via direct conversion — using a charged helium nucleus beam to generate current through induction coils — rather than the conventional steam-turbine method. The company's roadmap consists of three phases: Phase 1 (current) is to demonstrate net energy production, requiring approximately $2 million in 2026; Phase 2 is a three-year engineering phase requiring $150+ million to produce a working prototype generator by approximately 2030; Phase 3 is commercialization via licensing to large organizations such as national power authorities. The company has raised over $12 million from more than 2,000 investors to date. Its annual operating budget is approximately $700,000. The core team includes Eric J. Lerner (President and Chief Scientist, 40 years of DPF research), Ivana Karamitsos (CIO and Communications Director), Dr. Syed Hassan (plasma physicist, 20+ years DPF experience), and Sam Grund (Research Assistant). Patents have been issued in the US, China, Australia, Canada, and the EU. The company is currently raising on Wefunder with a minimum investment of $100 and has raised $130,124 from 113 investors in this current campaign round, against a total platform raise of approximately $3.87 million from 2,588 investors across all campaigns.

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