Tag Archives: Fusion

General Fusion gets a $65M boost for power plant

Burnaby, B.C.-based General Fusion says it has closed on a $65 million equity financing round that will spark the launch of a program to design, construct and operate a demonstration nuclear fusion power plant. Get the news brief on GeekWire.

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Canada invests $38M in General Fusion’s research

The Canadian government says it’s investing $37.5 million (49.3 million Canadian dollars) in General Fusion, a British Columbia company that aims to build a prototype plant powered by nuclear fusion. Funding from Canada’s Strategic Innovation Fund was announced today by … Continue reading

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TAE fusion venture rearranges its leadership

TAE Technologies, the fusion energy venture backed by Microsoft co-founder Paul Allen and other heavy-hitters, is elevating Michl Binderbauer to CEO and bringing former General Electric CEO Jeff Immelt onto its board of directors. The California-based company’s former CEO, Steven … Continue reading

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Fusion venture branches out into cancer therapy

TAE Technologies, the California-based fusion energy company backed by Microsoft co-founder Paul Allen, has spawned a spinoff focusing on a novel type of cancer therapy. The spinoff, TAE Life Sciences, is a majority-owned subsidiary of TAE Technologies and will take advantage … Continue reading

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MIT and a startup join the commercial fusion race

A new entrant in the race to commercialize fusion energy, Commonwealth Fusion Systems, aims to capitalize on superconductor technology from MIT and $50 million from the Italian energy company Eni. The collaboration between the Massachusetts Institute of Technology and Commonwealth Fusion, an … Continue reading

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Fusion ventures learn lessons about expectations

The promise of natural gas, shale oil, renewable energy and conventional nuclear power all pale in comparison to the promise of clean, potentially abundant fusion power — and that’s attracting increasing attention from science-savvy entrepreneurs. Almost two dozen private ventures … Continue reading

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TAE pushes plasma to new high on fusion frontier

TAE Technologies, the California-based fusion company backed by Microsoft co-founder Paul Allen, said its latest and greatest plasma generator has exceeded the headline-grabbing performance of its previous machine. “This announcement is an important milestone on our quest to deliver world-changing, … Continue reading

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