Seattle Washington based Zap Energy is raising $160,610,830.00 in New Equity Investment.
Seattle, WA – According to filings with the U.S. Securities and Exchange Commission, Zap Energy is raising $160,610,830.00 in new funding. Sources indicate as part of senior management Chief Executive Offficer, Brian Nelson played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Zap Energy
Zap Energy is building a seriously cheap, compact, scalable fusion reactor with potentially the shortest path to commercially viable fusion and orders of magnitude less capital than traditional approaches. The breakthrough technology compresses plasma without costly and complex magnetic coils. We achieved thermonuclear fusion in 2018 and are targeting scientific energy breakeven on our new FuZE-Q platform.
To learn more about Zap Energy, visit http://www.zapenergyinc.com/
Contact:
Brian Nelson, Chief Executive Offficer
425-321-1446
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