China’s Startorus Fusion has raised about $143 million in a Series A round led by CICC Capital alongside several Shanghai state-backed investment funds to speed up development of its next-generation fusion device.
CFS CEO Bob Mumgaard and Relativity Space CEO Eric Schmidt write an op-ed ahead of the World Economic Forum on advances in fusion technology, combined with growing public and private investment, suggest fusion could evolve into a scalable, zero-carbon baseload energy source.
On 27 January 2026, the Fusion Industry Association is supporting the European Parliament in convening a high-level event, “Fusion Energy in Europe: Call for Action,” taking place from 15:00 to 17:00 at the ANTALL Building, Room 6Q1, European Parliament in Brussels.
Trump Media & Technology Group merges with Alphabet-backed TAE Technologies in a merger valued at $6 billion, seeking to capitalize on the artificial-intelligence boom’s growing power requirements.
Following the U.S. Department of Energy’s recent reorganization to create a dedicated Office of Fusion, Senators Alex Padilla (D-Calif.) and John Cornyn (R-Texas) introduced a bill to codify the Office of Fusion on December 11. The legislation would cement the dedicated office to prioritize energy production, enhance American energy security, and promote U.S. leadership in fusion. On December 15, Representatives Jay Obernolte (R-Calif.), Don Beyer (D-Virginia), and Lori Trahan (D-Mass.) introduced companion legislation in the House of Representatives.
Following the U.S. Department of Energy’s recent reorganization to create a dedicated Office of Fusion, Senators Alex Padilla (D-Calif.) and John Cornyn (R-Texas) introduced a bill to codify the Office. A few days later, Representatives Jay Obernolte (R-Calif.), Don Beyer (D-Virginia), and Lori Trahan (D-Mass.) introduced companion legislation.
Thea Energy published the details of its first fusion power plant design, including the details of the physics that underpin it.
Beijing is pouring immense amounts of capital and human resources into being the first to deploy fusion power. NYT covers the latest developments in the US and China as countries push for commercial fusion.
The Fusion Industry Association (FIA) submitted its response to the European Commission’s consultation on the update and simplification of the EU Taxonomy Environmental Delegated Act, calling for fusion energy to be recognized as a separate, eligible clean-technology sub-category within the framework.
At a roundtable with the Department of Energy, the private fusion industry urged officials to invest billions in order to compete with China.