Commonwealth Fusion Systems
Appearance
Founded | 2018 ![]() |
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Website | www |
Commonwealth Fusion Systems is an American company aiming to build a compact fusion power plant based on the ARC tokamak concept.[1] The company is based in Cambridge, Massachusetts.
History
CFS was founded as a spin-off from the Massachusetts Institute of Technology (MIT) Plasma Science and Fusion Center (PSFC).[2] As of 2019, it has received $115 million in venture funding from Eni,[3] Breakthrough Energy Ventures, Khosla Ventures, and others.[4][5]
Technology
The company will first focus on proving new yttrium barium copper oxide (YBCO) magnet technology and constructing an energy positive[6] demonstration SPARC tokamak. It plans to later build a power plant based on the ARC design.[1]
See also
References
- ^ a b "MIT and newly formed company launch novel approach to fusion power". MIT News. Retrieved 16 April 2018.
- ^ Tollefson, Jeff (9 March 2018). "MIT launches multimillion-dollar collaboration to develop fusion energy". Nature. pp. 294–295. doi:10.1038/d41586-018-02966-3. Retrieved 16 April 2018.
- ^ Devlin, Hannah (9 March 2018). "Nuclear fusion on brink of being realised, say MIT scientists". the Guardian. Retrieved 16 April 2018.
- ^ Rathi, Akshat (September 26, 2018). "In search of clean energy, investments in nuclear-fusion startups are heating up". Quartz. Retrieved February 4, 2019.
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(help) - ^ "Commonwealth Fusion Systems Raises $115 Million and Closes Series A Round to Commercialize Fusion Energy". PR Newswire. Retrieved June 27, 2019.
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(help) - ^ "A New Approach to Fusion Energy Starts Today | MIT Department of Earth, Atmospheric and Planetary Sciences". eapsweb.mit.edu. Retrieved 2019-04-09.