The fusion industry raised $2.64 billion in private and public funding in the 12 months leading to July 2025, according to the annual Global Fusion Industry Report by the Fusion Industry Association (FIA). The figure marks a significant increase from 2024 and is the second highest yearly fusion funding figure since the report began, after the 2022 record year.
FIA welcomes British Government’s long term commitment to transformational clean energy.
The global fusion supply chain is expanding rapidly to support the “business of fusion”, according to a new report by the Fusion Industry Association published today. The Fusion Industry Supply Chain – 2025 edition found that supply chain spending by fusion companies grew by 73% to $434 million in 2024, from around $250 million in 2023*. It is projected to be much higher since not all fusion companies responded. Spending is expected to grow by another 25% this year.
UK can lead £31 trillion Global Fusion Industry, but government needs to act now to attract fusion companies, says Fusion Industry Association.
The fusion industry has now attracted over $7.1bn of investment, according to an annual report by the Fusion Industry Association (FIA), with over $900 million of new funds backing the technology since last year. As part of that, total public funding increased by 57% in the last 12 months to $426m, showing governments increasingly see public-private partnerships as central to making commercial fusion a reality.
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.
The Fusion Industry Association (FIA) today released a report – The Fusion Industry Supply Chain: Opportunities and Challenges – analyzing the current fusion supply chain and projecting a huge growth in demand for fusion suppliers over the coming years. The report also found limited concern about geopolitical supply risk and a reluctance amongst suppliers to make the investments needed without firm commitments.
On December 13, the U.S. Department of Energy announced the achievement of net fusion power for the first time on Earth, making headlines.
The Fusion Industry Association (FIA) today released a statement applauding the recent breakthrough at the National Ignition Facility (NIF).
The FIA’s The global fusion industry in 2022 report launch on July 14 broke the news of massive increases in investment for fusion companies around the world. Members of the press were active and interested in the progress of the fusion industry and the report gathered much attention from domestic and international news outlets. Below…