Helion Energy
Search results
CFS is using revolutionary high temperature superconducting magnets developed in collaboration with MIT to build smaller and lower-cost tokamak fusion systems. CFS is manufacturing these magnets and building the world’s first commercially-relevant net energy fusion machine, called SPARC.
Commonwealth Fusion Systems (CFS) is an American fusion power company founded in 2018 in Cambridge, Massachusetts after a spin-out from the Massachusetts Institute of Technology (MIT). Its stated goal is to build a small fusion power plant based on the ARC tokamak design. [2]
SPARC: Fusion energy demonstration. Commonwealth Fusion Systems is collaborating with MIT’s Plasma Science and Fusion Center to build SPARC, the world’s first fusion device that produces plasmas which generate more energy than they consume, becoming the first net-energy fusion machine.
Dec 1, 2021 · Commonwealth Fusion Systems (CFS) announced it has closed on more than $1.8 billion in Series B funding to commercialize fusion energy. This includes capital to construct, commission, and operate SPARC, the world’s first commercially relevant net energy fusion machine.
Jun 8, 2023 · Key Points. Bob Mumgaard, CEO of Commonwealth Fusion Systems, spoke with CNBC about why now is a tipping point for the fusion industry. The firm is a leader in the nascent space with more than...
Dec 1, 2021 · Commonwealth Fusion Systems (CFS) has the fastest, lowest cost path to commercial fusion energy. CFS is collaborating with MIT to leverage decades of research combined with new groundbreaking...
Sep 8, 2021 · This large-bore, full-scale high-temperature superconducting magnet designed and built by Commonwealth Fusion Systems and MIT’s Plasma Science and Fusion Center (PSFC) has demonstrated a record-breaking 20 tesla magnetic field. It is the strongest fusion magnet in the world.
Feb 10, 2023 · DEVENS, Mass.-- (BUSINESS WIRE)--Commonwealth Fusion Systems (CFS) officially opened its new campus to support the development and deployment of commercial fusion energy.
Dec 1, 2021 · Commonwealth Fusion Systems has secured nearly $2bn in funding from investors that include Tiger Global Management and Bill Gates, as the US nuclear energy group looks to develop the promising...
Jun 6, 2024 · DEVENS, Mass., June 6, 2024 /PRNewswire/ -- Commonwealth Fusion Systems (CFS) has signed an agreement with the U.S. Department of Energy worth $15 million to meet research and development...
