What Happened
New Partnerships Bring Funding And Expertise To Emerging Technology
Fusion power startups are finding new partners in the defense world, as they continue to chase their goal of putting electrons on the grid. Many of these startups are now embracing, or returning to, the defense applications that laid the foundation for the industry. This shift has accelerated as venture dollars committed to climate tech have stalled, and the defense industry has shown interest in laser-based reactor designs. Companies like Xcimer and Pacific Fusion are leading the charge, with partnerships and investments from defense contractors like RTX and the National Nuclear Security Administration. This development was reported by TechCrunch.