IEC Bussard Fusion Contract Details from the Navy

WB-8 Contract Progress from Classical Values: The US Navy has just published a Justification and Award for EMC2’s Polywell Fusion Reactor experiment.

The highlights:

* The award is for $10 million
* WB-8.0 report to be delivered 30 March 2010
* WB-8.1 report to be delivered 30 March 2012

The WB-8.1 effort is contingent on success with WB-8.0 experiments.

What does all this mean? It is possible that there has been much more progress than was expected.