Commonwealth Fusion Systems
Partner Employer
Team size: 201 - 500
Sector: Energy
About Commonwealth Fusion Systems
Company revenue: US$ 1 - 10 billion
Investors: FootPrint Coalition, Google, Lowercarbon Capital, Temasek Holdings, Tiger Global Management
Company stage: Other
Commonwealth Fusion is a research company that develops energy through an inexhaustible power plant. It uses rare-earth barium copper oxide superconductor technology to develop energy. They combine proven physics backed by decades of government-funded fusion research with a revolutionary superconducting magnet technology to accelerate the path to commercial fusion energy Commonwealth Fusion Systems (CFS) is on track to bring fusion energy technology to the market. CFS was spun out of MIT and is collaborating with MIT’s Plasma Science and Fusion Center to leverage decades of research combined with the innovation and speed of the private sector. Supported by the investors in breakthrough energy technologies, the CFS team is uniquely positioned to deliver the fastest path to commercial fusion energy. Commonwealth Fusion began operation in 2017, with its headquarters in Cambridge in Massachusetts.