Commonwealth Fusion Systems
Edit

Commonwealth Fusion Systems

http://www.cfs.energy/
Last activity: 17.09.2024
Active
Categories: BuildingCommerceEnergyTechGreenTechITManufacturingResearchScienceTechnologyWaste
Commonwealth Fusion Systems (CFS) has the fastest, lowest cost path to commercial fusion energy.

CFS is collaborating with MIT to leverage decades of research combined with new groundbreaking high-temperature superconducting (HTS) magnet technology. HTS magnets will enable compact fusion power plants that can be constructed faster and at lower cost. CFS is now building SPARC, the world's first commercially relevant, net energy fusion demonstration device. SPARC will pave the way for the first fusion power plant, ARC, that will produce power on the grid.

The ultimate mission is to deploy fusion power plants to meet global decarbonization goals as fast as possible. CFS has assembled a team of leaders in tough tech, fusion science, and manufacturing with a track record of rapid execution. Supported by the world’s leading investors, CFS is uniquely positioned to deliver limitless, clean, fusion power to combat climate change.

If you are interested in joining our team, check out cfs.energy/careers for more information.
Followers
16.13K
Website visits
23.1K /mo.
Mentions
48
Location: United States, Massachusetts, Cambridge
Employees: 51-200
Total raised: $2B
Founded date: 2018

Investors 10

Funding Rounds 3

DateSeriesAmountInvestors
01.12.2021-$1.8B-
29.05.2020Series A$84M-
28.06.2019Series A$115M-

Mentions in press and media 48

DateTitleDescription
17.09.2024Faraday Factory announces it has delivered over 5,000 km of high-temperature superconductor tape to fusion industryFaraday Factory, the world's largest manufacturer of high-temperature superconductors, announces achievement of 5,000 km cumulative deliveries to disruptive fusion projects worldwide TOKYO, Sept. 17, 2024 /PRNewswire/ -- Faraday Factory Jap...
01.05.2024Commonwealth advances heart of fusion machinefigcaption>span]:font-sans"> The biggest and most well-funded fusion company, Commonwealth Fusion Systems, has made progress on a key part of its first machine, the company tells Axios. Why it matters: As fusion companies race to...
04.03.2024MIT researchers achieve fusion energy breakthroughIn a breakthrough that paved the way for unlimited carbon-free energy, Massachusetts Institute of Technology (MIT) engineers successfully tested a novel high-temperature superconducting magnet capable of generating a world-record 20-tesla m...
14.12.2023Термоядерная энергетика, токамак и ITERИллюстрация с сайта проекта ITER / www.iter.org Это расшифровка одиннадцатого выпуска моего подкаста «Планы на завтра». Если не хочется читать лонгрид, прошу прослушать на вашей любимой платформе, может быть, так будет удобнее. Также у подк...
18.04.20237 common pitfalls for hardware startups and how to avoid themYou’ve likely heard that “hardware is hard”; mostly because hardware startups have to deal with things that software companies don’t really have to worry about. That includes pesky details such as “physics” and “battery management” and “gen...
12.04.2023Talking with Future Ventures about its new fund, AI hype, and Siri sucking (still)For a firm whose bets are largely unpredictable, the early-stage venture firm Future Ventures has become very formulaic in its fundraising. Now entering its fifth year, the firm just closed a $200 million fund – its third in a row. In fact,...
13.02.2023Commonwealth Fusion Systems Opens Fusion Energy Campus on The Fastest Path to Bring Clean Fusion Energy to the WorldCommonwealth Fusion Systems (CFS) officially opened its new campus to support the development and deployment of commercial fusion energy. The ceremonial event included visits from U.S. Secretary of Energy Jennifer M. Granholm, U.S. Senator ...
19.12.2022The Biggest Tech Innovations And Breakthroughs Of 2022Each year, a handful of innovations, breakthroughs, and discoveries push the boundaries of what is possible using technology. The most important are those that help to solve problems and overcome challenges that impact our planet or our eve...
02.10.2022The biological theory that explains why investors are bullish on fusionFor decades, the answer to when fusion power would arrive was like the punchline to an oft-repeated joke — it was always 10 or 20 years away. Now, it might actually be on the cusp of commercialization. No, really. If that refrain sounds all...
17.08.2022Tiger Global vs SoftBank: Part 3In the first two parts of the series, we deep-dived into various facets of Tiger Global and SoftBank, from tracing their origins to dissecting their playbooks. In the third and final part of this series, we’ll explore the geographic concent...
Show more

Reviews 0

Sign up to leave a review

Sign up Log In