Guest edited by Dr. Robert Ambrose, former Chief of Software, Robotics, and Simulation Division at NASA and Myron Moser, Chairman Emeritus of Hartfiel Automation.
What if you could harness the power of the stars? December 5thth, in 2022, scientists have done just that. A researcher at Lawrence Livermore National Laboratory (LLNL) has achieved the first scientific energy feat known as his break-even (better known as fusion ignition). Scientists have been able to create a nuclear fusion reaction that produces more energy than it consumes, using the same fueling mechanism as the sun to create exciting new technologies for clean, sustainable power and national defense. offered the possibility.
This scientific breakthrough will spur an influx of renewable, clean energy and the companies that advance the technology needed to scale this up on a global scale. To fuel this development, a proliferation of exciting new opportunities and career paths will be presented to the next generation of innovators. But to capitalize on this opportunity, both the private sector and the public sector need to work together, both in enabling students to pursue his STEM early on and in providing financial support to explore new innovations. Departments must play an important role.
pave the way for innovation
American history has shown time and time again that booms in innovation and invention follow scientific and technological breakthroughs. When Neil His Armstrong set foot on the moon as part of the Apollo program in 1969, it affected many industries outside of aerospace. Experiments with vacuum-packed meals, for example, led to the creation of modern infant formulas, and the transparent materials NASA created to protect radar equipment are now used in invisible braces. .
Twenty years later, the Internet, developed by researchers, went public in April 1993. This forever changed the way we communicate, work, and relate. Email, video chat, social media, and smartphones have all emerged to harness the full potential of the World Wide Web, with an ever-growing number of new types of smart devices and AI-enabled gadgets. According to the U.S. Patent and Trademark Office, patents filed nationwide jumped 40% when the Internet first went public, and that volume continues to grow year after year.
We are already witnessing the latest industries and inventions shaping the future of energy. Everything from storage batteries to electric vehicles, solar panels, wind turbines and more. While it is difficult to say exactly what new industries may form, we do know that jobs in engineering, manufacturing and technology are all likely to be affected. It’s an exciting time for us and now is the time for companies to enter the ground floor.
Funding new industries
We know this is a costly investment, but businesses of all sizes can take advantage of one of the most powerful federal tax incentives available to support these timely investments.
First introduced in 1981, the federal research and development tax credit increased America’s technology jobs by encouraging innovation in business. The deduction can be claimed by taxpayers.
Develop, design or improve products, processes, formulations or even software.
Companies looking to revolutionize the energy industry with new types of power plants that can harness and distribute this new energy source can claim this credit to enable them to recruit, retain and expand their talent pool. increase.
empowering the next generation
But the age of fusion cannot move forward without the help of the next generation. So how can companies get today’s youth interested in clean energy and her STEM career and inspire them to one day pursue these jobs?The challenge is through mentorship. It’s about empowering the next generation.
It’s important for high school students to peak interest in STEM fields before they graduate from high school. A practical way for companies to create these pathways is through mentoring programs with local schools. By showing the student the career opportunities available, the company empowers the next generation to become tomorrow’s innovators to fill positions in her STEM industry of the future.
But our mission to enhance awareness and adoption extends beyond high school. Companies should also partner with local technical colleges to provide hands-on learning to students. Invite them to your facility and give them access to the tools and technologies you use so they feel involved and truly understand the opportunities in your field.
It is important for companies to use the excitement surrounding industry breakthroughs like Fusion Ignition to bring diversity to the industry, drive new developments, and attract the next generation of engineers, physicists and developers.