The fusion startup has inked a deal with Italian energy company Eni. The move is likely intended to set a price for fusion ...
The power purchase agreement makes Eni the second major customer for Commonwealth’s first commercial fusion power plant.
Commonwealth Fusion Systems gains new private investor backing to propel commercial plant but committed federal funding for sector remains unclear ...
The company raised $425 million in January 2025, around the same time that it turned on Polaris, a prototype reactor. Helion has raised $1.03 billion, according to PitchBook. Investors include Sam ...
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Italian Oil Giant Inks $1B Deal to Buy Fusion Power from Virginia Facility
WASHINGTON - The Italian multinational oil and gas company Eni S.p.A. has signed a $1 billion power purchase agreement to buy fusion power from a plant in Virginia that won't even be connected to the ...
Commonwealth Fusion Systems has hoovered up another $863 million in fresh capital to fuel its dream of turning nuclear fusion into a commercial energy business that doesn’t melt the budget. The new ...
A critical shortage of fuel for nuclear fusion reactors may have a rather counterintuitive solution. A physicist at the Los Alamos National Laboratory (LANL) says that fusion reactor fuel could be ...
For decades, nuclear fusion has been viewed as the ultimate energy source—clean, powerful, and practically limitless. Most approaches to fusion involve enormous machines designed to squeeze plasma ...
In the universe, thermonuclear fusion is a common reaction: it is the source of energy for stars. On Earth, producing energy using this process is difficult due to problems with controlling the plasma ...
The U.S. is testing portable micro nuclear reactors for safe power in remote locations Student built a $2,000 working fusion reactor in their bedroom On one side, the plasma thruster injects ...
There is a widespread misapprehension that controlling nuclear fusion is hard. In fact so long as you are not hoping to use the process to produce electricity, controlling fusion is easy. Indeed, it ...
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