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The Department of Energy is sharing USD46 million funding from the Milestone-based Fusion Development Program among eight companies, with the aim that "within five to 10 years" they "will resolve scientific and technological challenges to create designs for a fusion pilot plant".
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The U.S. Department of Energy (DOE) today announced $46 million in funding to eight companies developing commercial fusion power plants.
Commonwealth Fusion Systems is one of eight companies nationwide to receive funding as part of an effort to produce a pilot-scale demonstration of fusion energy generation within a decade.
The U.S. Department of Energy (DOE) announced the first round of awardees of the Milestone-Based Fusion Development Program. The program is the latest in