The inability to produce more energy than it actually takes to power fusion has long been the primary drawback for researchers and investors. However, new technologies are lessening that concern. Texas headquartered National Instruments (NASDAQ:NATI), which upped its Q4 guidance back in October, is a diversified company that creates modular hardware tools and software solutions for particle laser beams which can help fight cancerous tumors, navigate GPS, monitor wind turbines, and test sensors; plus the company's instrumentation solutions can directly be tapped to do what others have only dreamed about: better understanding and controlling the measurements of cold fusion.
National Instruments aims to solve large engineering problems associated with fusion. It offers a single platform to monitor real-time fusion analytics through its LabVIEW software platform and PXI and CompactRIO hardware platforms. Considering Italy's Andrea Rossi was able to produce excess heat from an Energy Catalyzer (ECAT), the potential for fusion is very much real thanks to advances in technology like what National is delivering.
John Licata has no position in any stocks mentioned. You can follow John on Twitter @bluephoenixinc. The Motley Fool recommends National Instruments. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
GM Proved Doubters Wrong in 2017 With a Strong Crossover Lineup
GM surprised the market when it announced strong guidance thanks to a revamped line of crossovers and SUVs. Better still, it delivered on the promises.
Ford's Behind-the-Scenes Focus on Data
Ford’s recent partnerships and small-scale tests could bode well for the future.
Ford's Tumultuous 2017
Ford’s stock languished behind GM throughout 2017. Will 2018 be a turnaround year?