Latest Commonwealth Fusion Systems news, funding rounds and robotics & AI coverage. $1B raised. 2 articles tracked by The Robotics Media.
Commonwealth Fusion Systems (CFS) is a private fusion energy company founded in 2018 as a spinout from the MIT Plasma Science and Fusion Center. Headquartered in Devens, Massachusetts, CFS is developing the SPARC tokamak demonstration reactor and the ARC commercial fusion power plant using proprietary high-temperature superconducting (HTS) magnet technology.
With more than $4 billion raised to date, CFS is the world's largest and best-funded private fusion company. Its Fall Line Fusion Power Station in Chesterfield County, Virginia is planned to deliver the first grid-scale fusion power in the early 2030s under agreements with Dominion Energy, Google and Eni.