Private fusion companies raised $3.8 billion in the first eight months of this year, already surpassing all of last year's investment, as firms like Pacific Fusion and Helion Energy push toward commercial electricity targets. Despite this funding surge and scientific milestones like the National Ignition Facility's 2022 net energy gain experiment, no company has yet demonstrated a system that produces more electricity than it consumes on a sustained, grid-ready basis.
techspot.com
· 2026-09-17
Xcimer, a laser-based fusion startup, has struck a partnership and investment deal with RTX, the conglomerate that owns Raytheon. The move reflects a broader trend of fusion companies seeking defense industry backing as climate tech venture funding tightens, reviving fusion's historical ties to national security research.
techcrunch.com
· 2026-09-13
Pacific Fusion has started construction on a new demonstration facility in Albuquerque designed to test whether its pulsed-power approach to fusion can achieve net facility gain, producing more energy than the entire facility consumes. The company says no other US facility under construction targets this milestone, and it aims to reach it by 2030 en route to a commercial plant in the mid-2030s.
techcrunch.com
· 2026-08-25
GoKawiil