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Commercial Fusion is a term used to refer to privately owned companies whose aim is to sell electricity produced by nuclear fusion. The industry now consists of over 40 companies who have attracted a combined total of more than $6 billion in investment.
If all goes to plan, Virginia will be the site of the world’s first grid-scale nuclear fusion power plant, able to harness this futuristic clean power and generate electricity from it by the ...
NIF, which cost $3.5 billion to build, gets its approximately $380 million annual operating budget from the National Nuclear Security Administration, an agency of the U.S. Department of Energy ...
Thea Energy is an American fusion power company founded in 2022 after a spin-out from the Princeton Plasma Physics Laboratory (PPPL). [1] Its original name was Princeton Stellarators, Inc ( PSI ). Thea Energy's approach to commercial fusion is based on the stellarator approach using a unique set of all-planar electromagnetic coils.
US companies are worried they’re losing their lead in mastering this near-limitless form of energy, as new fusion companies sprout across China, and Beijing outspends DC. The US led on nuclear ...
Fusion power companies with the goal of achieving commercial fusion. Pages in category "Fusion power companies" The following 9 pages are in this category, out of 9 total.
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... Nuclear fusion—the explosive physics that powers the hearts of countless stars, including our own—is the ultimate energy ...
CFS was founded in 2018 as a spin-off from the MIT Plasma Science and Fusion Center. [4] After initial funding of $50 million in 2018 from the Italian multinational Eni, [2] CFS closed its series A round of venture capital funding in 2019 with a total of US$ 115 million in funding from Eni, [5] Bill Gates's Breakthrough Energy Ventures, Vinod Khosla's Khosla Ventures, and others.