Tag

Commonwealth Fusion Systems

All articles tagged with #commonwealth fusion systems

Commonwealth Fusion Secures $1B+ Deal for Future Reactor
technology5 months ago

Commonwealth Fusion Secures $1B+ Deal for Future Reactor

Commonwealth Fusion Systems has secured over $1 billion in power purchase agreements for its upcoming fusion reactor, Arc, expected to be operational in the early 2030s near Richmond, Virginia. The deal with Eni marks the second major agreement, following Google's purchase of half the reactor's output, and aims to establish a market for fusion energy while attracting further investment. The company is progressing with its demonstration reactor, Sparc, and aims to demonstrate the viability of fusion power as a clean energy source.

Google Invests in Fusion Energy Through MIT Spinoff Commonwealth
technology8 months ago

Google Invests in Fusion Energy Through MIT Spinoff Commonwealth

Google is investing heavily in nuclear fusion technology by purchasing power from a planned fusion plant in Virginia developed by Commonwealth Fusion Systems, aiming to support a potentially revolutionary, carbon-free energy source that could significantly boost future electricity production, with the plant expected to be operational by the early 2030s.

From Rockets to Fusion: The Journey of a Dragon Mother
science-and-technology2 years ago

From Rockets to Fusion: The Journey of a Dragon Mother

Darby Dunn, former Vice President of Operations at SpaceX, left her job building rockets to work on making nuclear fusion a reality at Commonwealth Fusion Systems. Dunn believes that fusion energy is the most energy-dense reaction in our solar system and could provide virtually unlimited clean energy. Commonwealth Fusion Systems aims to build 10,000 fusion power plants around the world by 2050 and has raised over $2 billion from investors including Bill Gates and Google. The company is currently building its SPARC tokamak to demonstrate net energy and plans to turn it on in 2025. Dunn is leading her team to develop manufacturing processes that can eventually scale to a process that looks like an automotive assembly line.