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
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
Pacific Fusion, a well-funded startup, has begun assembling a large fusion energy machine that uses intense electrical pulses to compress hydrogen fuel capsules, aiming to be the first device to produce more energy than it consumes. The facility, located near a major US nuclear-weapons laboratory, may also support research on maintaining the nation's aging nuclear warhead stockpile. It joins dozens of other startups racing to commercialize fusion as a clean, virtually limitless energy source.
nature.com
· 2026-08-25
Pacific Fusion has started building a fusion device near Los Lunas, New Mexico, using more than 150 truck-sized Marx generator modules that will discharge enormous electrical pulses to compress a small hydrogen fuel capsule. The company aims to reach 'net facility gain'—producing more energy than the machine consumes—by the end of this decade, while also positioning the facility to support research on the US nuclear weapons stockpile.
nature.com
· 2026-08-24
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