Nuclear fusion race draws in Nobel-winning LED pioneer
A new U.S. startup led by a Nobel Prize-winning electronics engineer aims to build a nuclear fusion reactor by around 2030, making it the latest company seeking to harness the power of stars.
FIA Participates in NRC Public Meeting on Developing a Regulatory Framework for Fusion Energy
On July 12, 2023, the U.S. Nuclear Regulatory Commission (NRC) held a public meeting to update progress on developing a regulatory framework for fusion energy. As the first meeting following the April NRC decision that separated fusion from fission regulations in the United States, it kicks off the progress that will be made as a result of the vote.
This Fusion Reactor Is Held Together With Tape
High-temperature superconducting tape is behind one hope for a tinier tokamak
Investment in fusion has reached USD 6.21 billion, says FIA
Investment in the global fusion industry has now reached a cumulative USD6.21 billion, up from USD4.8 billion a year ago, according to the third annual Global Fusion Industry Report from the Fusion Industry Association. The report surveyed 43 private fusion companies, up from 27 a year earlier.
‘There is still lots to play for’ says fusion energy report
Total investment in the fusion industry has reached $6.21 billion, up from $4.8 billion last year, according to the Fusion Industry Association (FIA).
Fusion Industry Investment Passes $6bn
The Fusion Industry Association (FIA) released its third annual industry report ‘The Global Fusion Industry in 2023’ on July 12, unveiling worldwide findings from an electrifying year of the fusion industry’s development. 43 private fusion companies were surveyed for the report, ranging from fusion industry giants to new entrants with bold visions, committed to addressing the challenges that remain ahead for commercialization.
Senator Cantwell Voices Support for Semiconductor Inclusion in CHIPS for America Fund
On June 30, Senator Maria Cantwell, Chair of the Senate Committee on Commerce, Science, and Transportation, sent a letter to Secretary Gina Raimondo, US Department of Commerce, on the importance of power semiconductors being included in the CHIPS for America Fund, based on the need for the growing fusion industry.
Fusion Industry Association: Space Committee
The Fusion Industry Association Space Committee operates as an arm of the FIA to support the role of fusion energy in expanding space operations, and has written the following mission statement to help guide their efforts in promoting the development of fusion spacecraft power & propulsion.
Fusion Industry Association Sends Letter on Fusion Regulations to European Commission Commissioner Simson
On June 9, the Fusion Industry Association (FIA) sent a letter on the importance of risk-informed fusion regulations to European Commission Commissioner Simson. The letter comes at a time when governments are increasingly looking into solidifying regulations for fusion energy, following recent regulatory decisions by the United States and United Kingdom. Early movers will have a competitive advantage in further shaping the industry, which spent over $500m on the supply chain in 2022.
Fusion Industry Association appoints UK Director
On July 1, the Fusion Industry Association appointed Dr Nick Walkden as UK Director. Nick brings with him extensive experience in fusion science and technology, policy, and strategy, developed in both the public and private sectors of the fusion industry.