Commonwealth Fusion Systems

Commonwealth Fusion Systems

Renewable Energy Power Generation

Cambridge, Massachusetts 34,351 followers

Designing and building commercial fusion systems to provide limitless, clean energy to the world

About us

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. If you are interested in joining our team, check out cfs.energy/careers for more information.

Website
https://cfs.energy
Industry
Renewable Energy Power Generation
Company size
501-1,000 employees
Headquarters
Cambridge, Massachusetts
Type
Privately Held
Founded
2018

Locations

Employees at Commonwealth Fusion Systems

Updates

  • We are focused on delivering the urgent transition to fusion energy. Through our magnet business, we’re able to help drive the focus on fusion forward while lowering costs. Special thanks to TechCrunch and Tim De Chant for featuring our partnership with University of Wisconsin-Madison to explain the impact our magnets can have on the industry at large. https://tcrn.ch/463vbkK #FusionEnergy #ClimateTech

    Fusion pioneer Commonwealth Fusion Systems is selling core magnet tech to the University of Wisconsin | TechCrunch

    Fusion pioneer Commonwealth Fusion Systems is selling core magnet tech to the University of Wisconsin | TechCrunch

    https://techcrunch.com

  • If you’re a technician, you can be part of the team that makes our sustainable energy a reality. Don’t miss your last chance to register for our Career Day happening July 13 from 2–5 p.m. at our campus in Devens, Massachusetts. We’re hiring techs with 3+ years of experience in roles like assembly, welding, testing, and handling wiring and electromechanical parts. Openings are available on second and third shifts. Register here: https://bit.ly/3XX5Ab4

  • Commonwealth Fusion Systems reposted this

    View profile for Rick Needham, graphic

    Chief Commercial Officer for Commonwealth Fusion Systems

    As Chief Commercial Officer for a fusion energy startup I tell people that my job is to help commercialize our fusion power plants, which are a few years out, as well as some of the technologies that we’ve developed along the way. Today I get to share the great news that we just delivered the first product from one of those technologies. Commonwealth Fusion Systems just shipped a pair of high-temperature superconducting (HTS) magnets to the University of Wisconsin–Madison for a fusion energy experiment called WHAM (Wisconsin HTS Axisymmetric Mirror). WHAM is made possible by the same technology we use in the powerful magnets in our own SPARC fusion machine now under construction, but applied in a different architecture. It’s just one partnership, but it’s an important first step in our business. Because HTS magnets are key enablers across a range of applications, CFS expertise and capabilities can help bring valuable products to life for other customers. This essentially allows us to build a horizontal business supplying magnets for other applications alongside our vertically integrated business of designing, developing, and deploying our own fusion power plants. For the WHAM magnets, we did more work than just wind metal-clad superconductors into the flat coil shapes used in the university’s experiment. We modeled, designed, and tested the magnets. We packaged them into an integrated assembly that includes cooling and control systems. And our software will run the whole magnet system. In other words, we brought our full range of capabilities to bear on this magnet design. And we know others in the industry can appreciate that range of abilities, because some have approached us for our magnet business. We're keen to apply our expertise here to help build CFS's business while partnering with customers with new products that in many cases can help bend the curve on climate and address humanity's surging need for power. https://lnkd.in/g7anvKnd

  • It’s time to share the love when it comes to our magnet technology. We now have a business commercializing the high-temperature superconducting (HTS) magnet technology we developed for our own fusion systems. Our first commercial deal is for the new WHAM fusion experiment at the University of Wisconsin-Madison. “Better magnets make many approaches to confining a plasma and triggering fusion better,” our CEO Bob Mumgaard says. Learn more below about WHAM’s two identical magnets, Thing 1 and Thing 2, and watch them arrive on campus. #FusionEnergy #Fusion #Science

    It’s time to start exercising some new muscles here at Commonwealth Fusion Systems: the business of providing our powerful magnet technology to other organizations. Our first commercial deal in fusion magnets is with University of Wisconsin-Madison. We designed and built two high-temperature superconducting (HTS) magnets in a collaboration that began in 2019. Now we’ve taken the major step of delivering and installing them at the university’s Physical Sciences Lab. Experiments should begin soon at WHAM — short for Wisconsin HTS Axisymmetric Mirror. From our fusion lab to theirs! If you want to see some real-world fusion energy hardware, check out our video here of the unboxing of the two magnets. We nicknamed the magnets Thing 1 and Thing 2, inspired by the twins in Dr. Seuss’ The Cat in the Hat. They’re the high field “mirror” coils in WHAM, and hydrogen nuclei will bounce back and forth in a tube-shaped magnetic field between them. The magnetic mirror approach mostly fizzled decades ago, but our HTS  superconducting electromagnets and some plasma physics breakthroughs mean they’re worthy of investigation again and ultimately could become a new path to fusion commercialization. Which brings me to our magnet business. Our primary job is to build our own fusion machines, starting with the SPARC tokamak that’s under construction now at our headquarters in Devens, Massachusetts. But our expertise lets us help other parts of the fusion market, too, and better magnets make many approaches to confining a plasma and triggering fusion better.  We are pro-fusion, and thus we are pro-fusion magnets. We delivered the magnets as a full, integrated package with cooling, instrumentation, and software to control them. The WHAM magnets were possible because of our abilities not just in manufacturing but also modeling, design, and testing, integration — all things we do for SPARC. It was a learning experience for us, too. Some of the technology we developed for WHAM helped us with SPARC and other possible projects with other customers inside and outside fusion. Speaking as a plasma physicist, it’s fantastic to see this kind of progress in fusion energy again, enabled by new technology, better physics, and great partnerships. I have fond memories of working in the long-thin West Cell at MIT that was built to hold a long-thin mirror decades ago. Turns out, it was just ahead of its time and a bit short of HTS.    Congratulations to the CFS team and our Wisconsin colleagues for building WHAM. We’re eager to see it up and running, and for the team to take it to the next phase! https://lnkd.in/e4tdhe7s

  • We’re building the future of fusion here at CFS. And we want you to grow with us. We’re hiring dedicated individuals with skills in assembly, welding, testing, and handling wiring and electromechanical parts. We’re looking for technicians with 3+ years of experience to fill second and third shift positions on our team of top talent from around the world. Do you thrive in a fast-paced, dynamic environment and have a passion for combating climate change? Register today for our Career Day happening this Saturday,July 13, from 2–5 p.m. at our Devens, Massachusetts campus: https://bit.ly/3XX5Ab4

  • View organization page for Commonwealth Fusion Systems, graphic

    34,351 followers

    The atmosphere at the Breakthrough Energy Summit was buzzing with discussions about climate tech and the fusion energy industry. We, along with other leaders in tech, science, and policy, used the event to show climate tech will scale globally. Highlights: ⭐ Bill Gates and our CEO Bob Mumgaard discussed our high-temperature superconducting (HTS) magnets, core to our SPARC tokamak ⭐ A “pancake” from our toroidal field model coil (TFMC) was on display ⭐ Our partner Vinod Khosla highlighted our work during his keynote ⭐ Our CEO published an open letter to demystify the process of evaluating fusion energy companies Check out the full highlight reel here. #BESummit24 #FusionEnergy

  • With the stroke of a pen today, President Biden signed the ADVANCE Act into law, and with it locked in the certainty that the fusion industry needs to develop, build, and scale commercial fusion power in the United States. The new law effectively codifies the unanimous decision by the U.S. Nuclear Regulatory Commission in April 2023 to regulate commercial fusion energy completely separately from fission. Regulating fusion this way, under a byproduct materials framework, ensures the US regulatory and licensing approach is matched to the operational realities of fusion power plants. And that enables companies like CFS to innovate on their designs while also protecting public health and safety. This is the same process CFS is using to license SPARC in Devens, Massachusetts. We know it works here, and that’s how it’ll help let fusion thrive here in the US, too. We want to give special thanks to the original champions in Congress of the bill — initially called the Fusion Energy Act — including Representatives Chuck Fleischmann Representative Lori Trahan, Congressman Jay Obernolte, Don Beyer, Chair Cathy McMorris Rodgers, and Ranking Member Frank Pallone. In the Senate, the bill was led by Senators Alex Padilla, John Cornyn, Corey Booker, Todd Young, and Patty Murray, along with Chairman Tom Carper and Ranking Member Shelley Moore Capito. It's an exciting time in commercial fusion. Having the regulatory certainty we need, first in the United Kingdom and now in the US, is critical for this new industry. https://bit.ly/4eTSx06

    Rodgers, Pallone, Carper, Capito Celebrate Signing of Bipartisan Nuclear Energy Bill, the ADVANCE Act

    Rodgers, Pallone, Carper, Capito Celebrate Signing of Bipartisan Nuclear Energy Bill, the ADVANCE Act

    energycommerce.house.gov

  • Become a fusion energy pioneer and work with a wide-ranging team focused on one unified goal: driving fusion forward. Calling all technicians with 3+ years of experience in roles like assembly, welding, testing, and handling wiring and electromechanical parts. We’re looking to fill roles for second and third shifts. Does this sound like you or someone you know? Register today for our Career Day on Saturday, July 13, from 2–5 p.m. at our Devens, Massachusetts, HQ: https://bit.ly/3XX5Ab4

  • Fusion energy startups are building real hardware, which means we’re spending real money with suppliers who have what we need. Specifically, we spent more than $612 million in 2023, and we expect a 21% spending increase in 2024, according to data gathered for the Fusion Industry Association’s new Supply Chain 2024 report. What do we buy? Top items include vacuum pumps, high-grade steel, more common metals, power electronics, and precision manufacturing services. And items that could constrain us include specialized metals, laser components, high-temperature superconductors, and gaseous fusion fuels. For details, check the FIA’s Supply Chain 2024 report here: https://lnkd.in/eb__j46B #Fusion #FusionEnergy #SupplyChain

    FIA Launches 2024 Supply Chain Report - Fusion Industry Association

    FIA Launches 2024 Supply Chain Report - Fusion Industry Association

    https://www.fusionindustryassociation.org

  • View organization page for Commonwealth Fusion Systems, graphic

    34,351 followers

    We’ve seen fusion energy progress with the United States and United Kingdom adopting regulations that treat our power plants similarly to particle accelerators, and this week Commonwealth Fusion Systems made the case that Germany should follow suit. “The regulatory framework is really important, because that is what gives us certainty about the timelines and what we need to do,” said Sara Castegini, our Principal Global Policy Lead, in testimony before the German Committee for Education, Research, and Technology Assessment. The committee discussed how to best build innovation-friendly and risk-appropriate legal and regulatory frameworks for commercial fusion energy in Germany and Europe. We're conducting a global site search for our early fusion power plants and believe that “Countries that have decided to regulate fusion akin to particle accelerators will become the global leaders in fusion,” Castegini told the committee. Fusion energy is different from fission, the process in nuclear power plants we’re familiar with on today’s electrical grid. Fusion is inherently safer, with no risk of meltdown and with no long-lived radioactive waste. Regulations should be designed for that lower risk profile and not be based on fission regulations. The committee heard that message not only from us, but from all the other experts on the panel including staff from Proxima Fusion and Marvel Fusion. Details here: https://lnkd.in/dzQxUMXq #Fusion #Germany #FusionEnergy

    • Sara Castegini speaks into a microphone at a table to a Bundestag committee while several other people surrounding her listen
    • Commonwealth Fusion Systems employees Alex Creely and Sara Castegini, each wearing orange ID tags, smile at the camera while at a Bundestag committee meeting in Germany

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Funding

Commonwealth Fusion Systems 6 total rounds

Last Round

Grant

US$ 15.0M

See more info on crunchbase