Media Outlet:
TechCrunch Publication Date:
Description:
Jonathan Shieber of TechCrunch reports that Commonwealth Fusion Systems, a startup collaborating with MIT, has raised an additional $50 million toward its efforts to develop a commercial fusion reactor. “Commonwealth Fusion expects to have its smallest possible reactor built by 2025 thanks to the research that MIT has done on proprietary magnet technology that the company uses to confine its nuclear reaction,” writes Shieber.