Tom McGuire, who heads the project, told Reuters that his team had been working on fusion energy at Lockheed’s Skunk Works program for the past four years, but decided to go public with the news now to recruit additional partners in industry and government to support their work.
Last year, while speaking at Google’s Solve for X program, Charles Chase , a research scientist at Skunk Works, described Lockheed’s effort to build a trailer-sized fusion power plant that turns cheap and plentiful hydrogen (deuterium and tritium) into helium plus enough energy to power a small city.
“It’s safe, it’s clean, and Lockheed is promising an operational unit by 2017 with assembly line production to follow, enabling everything from unlimited fresh water to engines that take spacecraft to Mars in one month instead of six,” Evan Ackerman wrote in a post about Chase’s Google talk on Dvice.
The thing that I don't have very clear is on the nature of the breakthrough that would allow them to do this, because what was written in the piece about using a magnetic bottle isn't new at all. This technique has been around for decades. I even saw one in the basement of the Engineering Research building at the University of Wisconsin-Madison back in the early 80's when they were doing extensive research work in this area. So what exactly did they do that they think will be successful that others over many years couldn't?
I guess that is a trade secret for them right now and we will just have to wait for the details to trickle out later.