Commonwealth Fusion Systems leans on magnets for near-term revenue
Realta Fusion is buying magnets from Commonwealth Fusion Systems, providing a revenue stop gap.
Realta Fusion is buying magnets from Commonwealth Fusion Systems, providing a revenue stop gap.
The fusion power frontrunner said that construction on its Sparc reactor was proceeding as planned. Meanwhile, it’s building a digital twin to help dial it in.
Google has invested in fusion startups as potential power suppliers. This latest move suggests Google sees them as potential customers, too.
The fusion startup has inked a deal with Italian energy company Eni. The move is likely intended to set a price for fusion power.
Commonwealth Fusion Systems has raised nearly $3 billion to commercialize its fusion power plant. It hopes to send electricity to the grid in the early 2030s.
Google will invest in Commonwealth Fusion Systems and buy 200 MW of electricity from its forthcoming power plant.