Inside a new steel-clad facility nicknamed “The Citadel,” First Light Fusion has installed a 22-meter two-stage gas gun—the third-largest such component in Europe.
China launches fusion-focused company
China has established a state-owned fusion energy company, China Fusion Energy Co. (CFEC), as a subsidiary of the China National Nuclear Corporation with the goal of accelerating the...
Japan’s Helical Fusion raises $15M in Series A funding
Helical Fusion, a private fusion start-up based in Japan, announced it has closed its first round of venture capital financing, securing ¥2.3 billion ($15.6 million) in funding. According to...
Investors line up for Sizewell C
As the U.K. government looks to finalize investment decisions for the construction of the Sizewell C nuclear power plant this summer, France’s state-owned EDF has announced plans to take a...
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Westinghouse awarded $180M ITER contract
Westinghouse Electric Company announced that it has signed a $180 million contract with the ITER Organization for the assembly of the vacuum vessel for the fusion reactor being built in...
Google announces power purchase agreement with Commonwealth Fusion
In its June 30 announcement of a new deal to purchase 200 MW from Commonwealth Fusion Systems' (CFS) first ARC fusion power plant planned for Virginia, Google called it “the largest direct...
Hinkley Point C gets over $6 billion in financing from Apollo
U.S.-based private capital group Apollo Global has committed £4.5 billion ($6.13 billion) in financing to EDF Energy, primarily to support the U.K.’s Hinkley Point C station. The move...
New MIT lab to speed fusion materials testing
The Massachusetts Institute of Technology’s Plasma Science and Fusion Center (PSFC) has launched the Schmidt Laboratory for Materials in Nuclear Technologies (LMNT). Backed by a...
DOE opens Milestone fusion pilot plant program to new companies and teams
Eight companies were chosen to develop fusion pilot plant designs through the Department of Energy’s Milestone-Based Fusion Development Program just over two years ago. It wasn’t until...
Sizewell C gets nearly $20B in big day for U.K. nuclear energy
It’s a move that “brings to an end decades of dithering and delay, with the government backing the builders.” That’s how the U.K. government announced, with alliterative fanfare, its...
U.K.’s own Rolls-Royce wins SMR competition
Rolls-Royce SMR has emerged as the United Kingdom’s preferred bidder to build the country’s first small modular reactors following a two-year competition, the U.K. government announced...
