Commonwealth Fusion Systems

Commonwealth Fusion Systems

Partner Employer

Cambridge, Massachusetts, United States

Team size: 201 - 500

Sector: Energy

About Commonwealth Fusion Systems


Founders: Dan Brunner, Martin Greenwald, Robert Mumgaard

Founded date: 2017

Connect: cfs.energy

Company revenue: US$ 1 - 10 billion

Investors: FootPrint Coalition, Google, Lowercarbon Capital, Temasek Holdings, Tiger Global Management

Company stage: Other

Commonwealth Fusion Systems (CFS) has the fastest, lowest cost path to commercial fusion energy. CFS is collaborating with MIT to leverage decades of research combined with new groundbreaking high-temperature superconducting (HTS) magnet technology. HTS magnets will enable compact fusion power plants that can be constructed faster and at lower cost. CFS is now building SPARC, the world's first commercially relevant, net energy fusion demonstration device. SPARC will pave the way for the first fusion power plant, ARC, that will produce power on the grid. The ultimate mission is to deploy fusion power plants to meet global decarbonization goals as fast as possible. CFS has assembled a team of leaders in tough tech, fusion science, and manufacturing with a track record of rapid execution. Supported by the world’s leading investors, CFS is uniquely positioned to deliver limitless, clean, fusion power to combat climate change.

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