Private Fusion Energy Company
Appears in 1 story · Last updated Oct 22, 2026
Raised $240M Series A in June 2026—largest Series A in global fusion industry history—to build commercial plant at former RWE nuclear site in Biblis, Germany
NIF achieved ignition for the 11th time on June 20, 2026, producing 7.9 megajoules from 2.08 megajoules of laser energy. The Department of Energy approved a laser upgrade in April that will push NIF's laser energy from 2.2 to 2.6 megajoules, which would allow the 8.6-megajoule yield record to be broken.
Updated Oct 22
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