Articles about Fusion – Page 2 of 3

General Fusion CEO asks for new investors as Bezos-backed energy company lays off employees

General Fusion CEO Greg Twinney issued a call for more funding as he shared news of layoffs at the energy… Read More

Fusion R&D hub aims to break ground in Eastern Washington this summer

Seattle startup Avalanche Energy plans to open a first-of-its-kind facility for commercial-scale testing of radioactive fusion technologies in Eastern Washington.… Read More

Sam Altman, SoftBank invest in $425M round for Helion, a Seattle-area startup chasing fusion power

Helion Energy announced a $425 million funding round that will help the Seattle-area fusion company chase the “Holy Grail” of… Read More

As AI booms, here’s how Microsoft and Amazon are coming up with energy solutions

Artificial intelligence and the data centers that drive the technology are booming with no end in sight. That’s putting mounting… Read More

Energy demand, stoked by AI and expanding electrification, is outpacing supply

Washington state — a region once blessed with an overabundance of clean, affordable power thanks to its hydroelectric dams —… Read More

Uncommon Thinkers: Zap’s Uri Shumlak wrestles with fusion energy in pursuit of carbon-free power

Editor’s note: This series profiles five of the Seattle region’s “Uncommon Thinkers”: inventors, scientists, technologists and entrepreneurs transforming industries and driving positive… Read More

Zap Energy confirms $130M round, shares progress on its demo power plant system

Fusion company Zap Energy today shared news on progress with its power plant system demo and gave details on the… Read More

General Fusion lands $15M to develop its fusion demonstration device

General Fusion, a fusion energy company based in British Columbia, announced nearly $15 million in new funding on Thursday. The… Read More

Fusion startup Zap Energy is raising more cash to develop commercially viable power

Fusion company Zap Energy is raising a huge new investment — nearly $130 million — according to an SEC filing… Read More

CIA investment arm helps fund a Japanese fusion startup with U.S. HQ in Seattle

Kyoto Fusioneering, a startup developing technologies for the commercialization of fusion energy, has raised nearly $6.9 million in new funding.… Read More

Bloomberg report questions science behind Altman-backed fusion company Helion

Concerns about operations at Helion Energy, an Everett, Wash.-based fusion company, is the focus of reporting published today by Bloomberg.… Read More

Gov. Inslee, Sen. Murray visit Washington fusion startups as funding heats up despite tech hurdles

The fusion industry last year pulled in more than $900 million of private and public funding in the quest to… Read More

OpenAI reportedly in talks with Helion Energy to ‘buy vast quantities’ of fusion power

The Seattle-area fusion company Helion Energy is talking with OpenAI about a deal in which the AI company “would buy… Read More

A boost for fusion power: With new law, Washington state leaders signal support for sector’s next steps

While the reality of affordable fusion energy is still an atom-smashing twinkle in physicists’ eyes, the state of Washington is… Read More

Fusion fever: A reality check on the multibillion-dollar race to reinvent energy and save the planet

The nuclear fusion sector is hot. Maybe not 100 million degrees Celsius — which is the sort of mind-blowing temperature… Read More

General Fusion lands $25M and reveals plans for demo machine in B.C.

The news: General Fusion today announced $25 million in new funding and plans to build a demonstration machine in its… Read More

New startup aims to help other companies with fusion power IP and licensing

Fusion startup ExoFusion today announced that it raised a seed round of an undisclosed amount. The company launched last year… Read More

Zap Energy lands $5M federal grant and ‘vote of confidence’ in pursuit of fusion power

Funding news: The Seattle area’s Zap Energy will receive $5 million from a newly launched federal program supporting the commercial… Read More

Microsoft and Helion want to build the world’s first fusion plant and seize energy’s ‘Holy Grail’

Microsoft and Helion Energy on Wednesday announced a historic agreement that could pave the way to the world’s first fusion… Read More

‘Desktop fusion’ startup Avalanche Energy lands $40M and logs new tech achievement

The news: Micro-fusion startup Avalanche Energy announced a $40 million funding round on Monday. The Seattle-based company is developing a… Read More

Energy startup CTFusion folds as co-founders land at rival Zap

CTFusion, a spinoff from the University of Washington, has flipped off the reactor and folded up shop. But the startup’s… Read More

Historic fusion energy achievement will boost Pacific Northwest’s burgeoning startups

U.S. physicists have accomplished a feat the world has pursued for more than 60 years: producing more energy from fusion… Read More

Pacific Northwest is a hub for fusion companies chasing power’s ‘Holy Grail’

The Sun is the ultimate fusion machine, endlessly smashing atoms together and creating power. For decades, physicists have struggled to… Read More

More funding for fusion: Seattle startup lands $160M and reveals technology breakthrough

The news: Seattle-area startup Zap Energy is edging closer to the promise of fusion power. The company Wednesday announced two… Read More

Blue Origin vets unveil startup seeking small solution to massive challenge of fusion energy

As Avalanche Energy founders Robin Langtry and Brian Riordan have been grinding through the development of their fusion technology, they… Read More

General Fusion lands $130M from Bezos and others as fusion energy sector keeps heating up

The news: The fusion energy field just keeps getting hotter. British Columbia’s General Fusion on Tuesday said that it has… Read More

The buzz about fusion energy: Expert explains industry’s ‘reinvigoration’ as tech attracts VC dollars

For decades, the promise of harnessing the power of fusion on a commercial scale to create vast amounts of carbon-free… Read More

As interest in fusion energy ignites, Helion lands $500M from OpenAI CEO, Facebook co-founder

Fusion energy company Helion raised a whopping $500 million, with the possibility of an additional $1.7 billion in funding if… Read More

General Fusion gets a $65M boost for fusion power plant from investors — including Jeff Bezos

Burnaby, B.C.-based General Fusion says it has closed on a $65 million equity financing round that will spark the launch… Read More

Canadian government invests $38M in General Fusion to boost energy research

The Canadian government says it’s investing $37.5 million (49.3 million Canadian dollars) in General Fusion, a British Columbia company that… Read More