Xcimer raises $100 million to invest in inertial fusion laser tech

June 6, 2024, 3:00PMNuclear News
Xcimer Energy’s headquarters in Denver, Colo. (Photo: Xcimer Energy)

Xcimer Energy announced June 4 that it has raised $100 million in Series A financing for a new facility in Denver, Colo., that will host a prototype laser system with “the world’s largest nonlinear optical pulse compression system.” As a private fusion developer, Xcimer wants to “extend the proven science of inertial fusion to industrial scale” with the help of that laser system and “key technologies and innovations from multiple fields.”