Nuclear Fusion / Private Sector Investment Increasing As Companies Join Race To Replicate ‘Power Of Sun’

18 companies have received a combined $1.8bn in private funding, says new survey
Private Sector Investment Increasing As Companies Join Race To Replicate ‘Power Of Sun’
Commonwealth Fusion Systems in the US is collaborating with MIT to design and build the Sparc fusion system. Courtesy CFS.
Private sector investment into nuclear fusion companies is increasing with at least 35 fusion companies around the world, 18 of which have received a combined $1.8bn in private funding, according to a study of the sector published by the UK Atomic Energy Authority and the newly formed US-based Fusion Industry Association.

There are now at least 35 companies developing nuclear fusion technology with 65% of them founded since 2010, according to a joint survey by the US-based Fusion Industry Association, supported by the UK Atomic Energy Authority.

The survey says 12 companies are either early stage or in “stealth mode” so declined to participate in the survey.

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