Because our goal is to enable the project teams to manage their own paths to commercialization, our tech-to-market efforts must extend beyond the ARPA-E
program and tech-to-market team.
's goal is to develop a set of low-cost technologies in fusion drivers and plasma formation that will achieve high experimental shot rates for rapid learning, and create new low-cost paths to fusion power beyond the ARPA-E
is modeled after the successful Defense Advanced Research Projects Agency (DARPA), which is responsible for such technological innovations as the internet and the military's stealth technology.
Venture capital funding took us half the way there, and the ARPA-E
funding took us all the way there," CEO Atul Kapadia says.
will also start its own Small Business Innovation Research and Small Business Technology Transfer programs.
Overall, the ARPA-E
program has funded 180 separate projects with $521.
Majumdar, an accomplished scientist and engineer who's been running ARPA-E
for just eight months, says it could take a decade or more for the agency to come up with the "equivalent of the Internet.
In addition to funding its first projects, ARPA-E
has gained its first director.
examined the challenges facing nuclear energy, we found an important opportunity to support the advanced reactor design community with early-stage technologies that could enable the development of safer and less expensive plants, said ARPA-E
Acting Director Eric Rohlfing.
For Director of ARPA-E
, he has picked Ellen Williams, who is currently Chief Scientist at BP oil company.
program was created, in 2009, to identify clean-energy research projects deemed too radical or too preliminary to attract private financing.
Modeled after the Department of Defense's successful DARPA agency, ARPA-E
was funded in 2008 and has committed over $350 million to projects covering a wide range of energy topics, including energy generation, energy storage, and CO2 mitigation.