Helion secures $175M CHIPS award for semiconductor R&D
The funding supports U.S. high-voltage semiconductor development for fusion energy, with additional private investment totaling $225 million.
Latest Helion News & Updates
See the latest news and media coverage for Helion. We track all announcements, press releases, and industry mentions in real time, all in one place.
Commercial fusion power developer
helionenergy.com- Headquarters
- Everett, United States
- Company type
- Private company
- Number of employees
- 590–1,000
- Industry
- Heavy Electrical Equipment
Last updated
Latest news about Helion
In short: Helion raised $465 million, won a $175 million CHIPS award, and hit a record 150-million-degree plasma milestone.
Company announcements
Helion secures regulatory licenses for first fusion power plant
The Washington DOH granted radioactive materials and air emissions licenses, enabling continued construction at Orion facility.
Helion raises $465 million in Series G funding round
Led by Thrive Capital at $15.5 billion valuation to accelerate fusion deployment.
Helion proposes design-specific licensing for fusion deployment
The approach would register machine designs once for nationwide deployment, leveraging existing models from aviation and healthcare.
Media coverage
Commerce Plans $389M CHIPS R&D Awards for Power Chips
Commerce plans up to $389M in CHIPS R&D awards for Helion, Commonwealth Fusion Systems, Vertical Semiconductor and Sibelco.
Everett fusion company Helion lands up to $175 million award for chip development
Everett-based fusion energy company Helion on Thursday announced it has signed a letter of intent with the U.S. Department of Commerce for an up to...
Fusion startup Helion is developing new semiconductors that could double output of its power plants
Helion now has another $225 million to help speed development of its first fusion power plant, due to provide Microsoft with electricity in 2028.
Helion shifts its ambitious 2028 fusion power milestone - Axios Seattle
The Everett fusion company no longer says its first commercial plant will produce power by 2028.
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