News
CFS Blazes Path to Fusion Power with Powerful Magnet and $1.8 Billion Funding
With more than $1.8 billion in blue-ribbon investor funding and successful demonstrations of the practicality of a record-powerful magnet, Commonwealth Fusion Systems, a spinoff from Massachusetts Institute of Technology, is trailblazing a path toward commercializing fusion energy. It plans to reach the long-coveted destination in the early 2030s. Two big steps were accomplished recently – one involves money, the other technology using high-temperature superconducting tape. […]
