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General Fusion announces funding to build new fusion machine targeting scientific breakeven by 2026

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Canada-based General Fusion announced a new Magnetized Target Fusion (MTF) machine that will fast-track the company’s technical progress. An animation showing how General Fusion’s Magnetized Target Fusion technology works. An animation showing how General Fusion’s Magnetized Target Fusion technology works.

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CNL and General Fusion to partner to advance commercial fusion energy

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Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, and General Fusion have signed a Memorandum of Understanding (MOU) to pursue a series of joint projects to accelerate the deployment of commercial fusion power in Canada.

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Eni signs new collaboration agreement with CFS to support development of commercial fusion energy

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Eni and Commonwealth Fusion Systems (CFS), a spin-out of the Massachusetts Institute of Technology (MIT) signed a Collaboration Framework Agreement with the aim of accelerating the industrialization of fusion energy. Eni says CFS has the fastest pathway to commercial deployment of fusion energy.

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General Fusion and UK Atomic Energy Authority (UKAEA) announce collaborative agreement to advance commercial fusion energy

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General Fusion and the UK Atomic Energy Authority (UKAEA) kicked off projects to advance the commercialization of magnetized target fusion energy as part of a collaborative agreement. The results will hone the design of General Fusion’s demonstration machine being built at the Culham Campus, part of the UK fusion cluster.

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Fusion Fuel and Electus Energy to develop 75 MW green hydrogen project in Bakersfield, California; Fusion Fuel’s first US project

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Fusion Fuel and Electus Energy have entered into an exclusive joint venture agreement to develop a large-scale green hydrogen project in Bakersfield, California. Fusion Fuel has engaged Black & Veatch to perform a concept study and is also working with Cornerstone Engineering and Headwaters Solutions.

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. The proprietary technology platform is derived from fusion research, and is a foundational step toward mass onboarding of electric vehicles and deployment of intermittent renewable energy as dispatchable power.

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TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

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After achieving temperatures greater than 75 million degrees Celsius and demonstrating unmatched real-time control of plasma with its fifth-generation fusion research reactor, Norman, TAE Technologies has secured strategic and institutional investments to fund the construction of its next research reactor, the sixth-generation Copernicus.

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