Commonwealth Fusion Systems
Commonwealth Fusion Systems designs and develops commercial fusion energy systems to produce clean energy.
About Commonwealth Fusion Systems
Commonwealth Fusion Systems develops fusion energy systems using high-temperature superconducting (HTS) magnets to create compact tokamak reactors. It is building SPARC, a demonstration device designed to achieve net energy gain from fusion and laying the groundwork for ARC, a grid-connected fusion power plant targeting early 2030s operation. The company partners with MIT and manufactures its HTS magnets and related components, applying peer-reviewed science in its firewalling of plasma and reactor engineering. It has introduced innovations like the PIT VIPER superconducting cable to support pulsed-power magnet systems and accelerate readiness for commercial fusion.
Company Facts
- Headquarters
- Cambridge
- Founded
- 2017
- Operating Status
- active
- Company Type
- for_profit
- IPO Status
- private
- Employees
- c_01001_05000
- Funding Stage
- early_stage_venture
- Total Funding
- $2,877,000,000
- Last Funding Type
- series_b
- Last Funding Date
- 2025-08-27
- Website
- https://www.cfs.energy
Industries & Categories
Clean Energy, Electrical Distribution, Energy, Environmental Engineering, Renewable Energy
Social Links
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