Latest Commonwealth Fusion Systems News & Updates

See the latest news and media coverage for CFS. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Commonwealth Fusion Systems (CFS)

Commercial fusion energy technology company

cfs.energy
Headquarters
Devens, United States
Founded year
2018
Company type
Private company
Number of employees
500–1,200
Industry
Independent Power Producers

Last updated

Latest news about Commonwealth Fusion Systems (CFS)

In short: CFS raised $1 billion in capital and became the first company to apply for a commercial fusion power plant grid connection.

Company announcements

CFS

CFS details fusion energy progress and $1 billion raised.

CEO Bob Mumgaard notes NIF demonstration, computation advances, and high-field magnets; SPARC is 80% complete, aiding ARC power plant design and Virginia site preparation.

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Media coverage

Yahoo Finance

Big Oil Is Betting Billions On Nuclear Fusion

Eni is making one of Big Oil’s biggest fusion bets, backing Commonwealth Fusion Systems, committing $1+ billion to its future electricity and developing ...

The Chemical Engineer

Eni to bring its fusion power to Europe by 2040s

INTERNATIONAL energy firm Eni says it plans to open a commercial fusion plant in Europe by the 2040s as part of its long-time ...

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