Thea Energy lands $20M federal grant to build its magnets for fusion reactors
Fusion power startup Thea Energy snagged a $20 million award from ARPA-E to scale production of its high-temperature superconducting magnets.
Fusion power startup Thea Energy snagged a $20 million award from ARPA-E to scale production of its high-temperature superconducting magnets.
An old Oscar Meyer factory in Wisconsin will become America’s latest fusion power research and development hub.
General Fusion started trading on the Nasdaq following a reverse merger that saw high redemptions.
“We can take power from a plasma,” Kieran Furlong, co-founder and CEO of Realta Fusion, told TechCrunch. The milestone shows “what’s possible,” he added.
Fusion startups have raised $7.1 billion to date, with the majority of it going to a handful of companies.
Fusion power startup Avalanche Energy said its reactor prototype heated a plasma to over 10 million degrees C.
Fusion startup Helion is racing to complete a power plant for Microsoft by 2028. A fresh infusion of cash should help with that.
Fusion startup Xcimer fired up the world’s largest privately owned laser.
Another fusion startup has raised another a massive round to make this type of power a reality.
Pacific Fusion’s sub-scale prototype delivered enormous amounts of power in a flash, setting the company up for its demonstration power plant.