OUTLOOK | 26 August 2026 Whether the billions of dollars of investment will lead to an inexhaustible source of clean electrical power is not yet known. By Neil Savage Engineers assemble toroidal field magnets at Commonwealth Fusion Systems, a fusion-power company in Massachusetts. Credit: Cassandra Klos/Bloomberg via Getty Engineers assemble toroidal field magnets at Commonwealth
Over the last several years, fusion power has gone from the butt of jokes — always a decade away! — to an increasingly tangible and tantalizing technology that has drawn investors off the sidelines. The technology may be challenging to master and expensive to build today, but fusion promises to harness the nuclear reaction that
For hard-tech startups, manufacturing is an expensive endeavor. Now, Thea Energy has a head start thanks to a grant from the Department of Energy. The fusion energy startup told TechCrunch on Monday that it received a $20 million grant from ARPA-E to help manufacture its modular high-temperature superconducting (HTS) magnets. HTS magnets are expensive but
Realta Fusion has spent the last two years looking for a place to build its research and development facility. In the end, the former Oscar Mayer factory in Madison, Wisconsin was chosen. “From sausages to fusion,” Kieran Furlong, co-founder and CEO of Realta Fusion, told TechCrunch with a laugh. The new center, called Forge, will
General Fusion began trading on the Nasdaq today under the symbol GFUZ, becoming the first publicly traded fusion energy company, surpassing its Trump-backed competitor TAE Technologies by several months. And investors seemed to want in. Shares rose when trading began on Monday and are now up 40% from $12.85 as of 12:50 p.m. ET. General