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September 27, 2022, 7:00AMNuclear News

(Image: Ana Kova /USFusionEnergy.org)

The Department of Energy announced up to $50 million for a new milestone-based fusion energy development program on September 22. The funding opportunity announcement is open to for-profit companies—possibly teamed with national laboratories, universities, and others—that are prepared to meet major technical and commercialization milestones leading to a pilot fusion power plant design.

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