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Commonwealth Fusion Systems
AddedFeb 13, 2024
UpdatedJun 24, 2026
Commonwealth Fusion Systems

Commonwealth Fusion Systems

American renewable energy firm, Commonwealth Fusion Systems LLC, focuses on compact fusion power plants.

HQ
Cambridge, MA, US
Founded
2018
Overview
Compare
Fundraising
Employees
News
Website

Commonwealth Fusion Systems (CFS) was founded with the mission to develop and commercialize compact fusion power plants, aiming to provide a limitless and clean energy source. The company leverages advanced magnet technology to accelerate the path to commercial fusion energy. CFS focuses on renewable energy generation, targeting markets that seek sustainable and reliable energy solutions.

Notable figures affiliated with CFS include leading scientists and engineers in the field of fusion energy. The company has attracted significant investment from prominent venture capital firms and energy companies. Key achievements include breakthroughs in magnet technology and successful fundraising rounds, positioning CFS as a leader in the pursuit of practical fusion energy. The overall impact of CFS lies in its potential to revolutionize the energy sector by providing a sustainable alternative to fossil fuels.

Commonwealth Fusion Systems - Similar Companies

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Commonwealth Fusion Systems - Quick Facts

Who are Commonwealth Fusion Systems' competitors?

Companies similar to Commonwealth Fusion Systems include Zap Energy, Helion Energy, Focused Energy and Realta Fusion.

When was Commonwealth Fusion Systems founded?

Commonwealth Fusion Systems was founded in 2018.

Where is Commonwealth Fusion Systems' headquarters located?

Commonwealth Fusion Systems' headquarters is located in Cambridge, MA, US.

How much has Commonwealth Fusion Systems raised to-date?

As of May 31, 2023, Commonwealth Fusion Systems has raised a total of $2B (USD).

How many employees does Commonwealth Fusion Systems have?

Commonwealth Fusion Systems has 350 employees as of Feb 5, 2024.

Commonwealth Fusion Systems - Classification

Industry
  • Hardware
Ownership
  • Private
  • Venture Capital
Technology
  • Fusion Energy
Geographic Exposure
  • Global
Main Product
  • Fusion Energy
Tags
  • Cleantech
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221113Nuclear Electric Power Generation
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 5 more industry codes
NAICS
  • 221114Solar Electric Power Generation
  • 221115Wind Electric Power Generation
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services