Private Fusion Energy Company
Appears in 1 story
Raised $240M Series A in June 2026—largest 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 peak power from 2.2 to 2.6 megajoules, which would allow the 8.6-megajoule yield record to be broken.
Updated Jul 17
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