Tech News
← Home  ·  All topics

Commonwealth Fusion Systems

1 GoKawiil brief on this topic

Fusion startups now number 46, with $14.6 billion raised to commercialize the technology

The Fusion Industry Association reports that 46 companies worldwide are working to turn nuclear fusion into a commercial electricity source, alongside others pursuing niche uses like medical isotopes, materials testing and spacecraft propulsion. As of August 1, the electricity-focused firms had collectively raised $14.6 billion from venture capital, private investors, utilities, government grants and data-center operators seeking new power sources.