Fusion Engineering and Design paper recognises Tokamak Energy’s lead in IP development for commercial fusion
Tokamak Energy’s achievements in creating 58 patent families are among the ways that the company has created value. Intellectual Property (IP) is one of the key ingredients for delivering commercial fusion.
Fusion patents are ‘among some of the most innovative in the world’, according to Elias Carayannis and John Draper in a newly published paper in Fusion Engineering and Design on the growth of IP ownership in the private-sector fusion industry.
Tokamak Energy is recognised as one of the top three players globally in the ‘growth of intellectual property ownership in the private sector fusion industry’ with multiple key patents filed for the technologies that the top fusion players have championed.
Adding considerable weight to the public-private partnership model for commercial fusion, Tokamak Energy along with a select few Fusion Industry Association (FIA) members demonstrate extensive patenting ‘especially in the case of spherical tokamak technology’ with patents including ‘shielding materials and the tritium fuel cycle’.
The paper continues to recognise Tokamak Energy for filing ‘a large number of key patents for what is increasingly seen as a successor technology for the tokamak, i.e. the spherical tokamak, especially given its adoption by the UK public sector-driven Spherical Tokamak for Energy Production (STEP) project…’
The paper concludes by confirming that just ten years ago an innovating private-sector fusion industry ‘did not exist’ beyond a handful of companies, but that ‘now it does’.
Tokamak Energy remains committed to developing the IP that will enable the company to deliver commercial global fusion – an abundant, clean, safe, and limitless energy source.
To access the paper please see: https://www.sciencedirect.com/science/article/abs/pii/S0920379621005913