Helion Energy

US Nuclear’s Partner MIFTI Reports Break Out Fusion Power Test Results on the 4 Mega Ampere Machine at L3 Harris Lab

Retrieved on: 
Tuesday, December 26, 2023
Microsoft, Neutron, Helion Energy, Energy, US Nuclear Corp, UC, Isotope, University of California, Irvine, Lithium

US Nuclear is a partner, investor, and possible prime contractor for MIFTI’s fusion power generator, and is looking forward to further developments.

Key Points: 
  • US Nuclear is a partner, investor, and possible prime contractor for MIFTI’s fusion power generator, and is looking forward to further developments.
  • Continuing breakthroughs in technology and a large influx of funding have rapidly accelerated fusion power development.
  • Investment in the global fusion industry has skyrocketed, reaching a cumulative $6.21 billion, up from 4.8 billion just a year ago.
  • These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

More Swissness for the Swiss solar industry: Helion Energy and Meyer Burger enter into strategic partnership

Retrieved on: 
Saturday, September 16, 2023
Partnership, Swiss made, Electricity, Meyer Burger, Helion Energy, Temperature, Plant, AMAG, Ecosystem, CHF, Aluminium, Renewable energy, Voltone Airfield, Helion

More Swissness for the Swiss solar industry: Helion Energy and Meyer Burger enter into strategic partnership

Key Points: 
  • More Swissness for the Swiss solar industry: Helion Energy and Meyer Burger enter into strategic partnership
    More Swissness for the Swiss solar industry: Helion Energy and Meyer Burger enter into strategic partnership
    Helion, leader in the solar industry, and photovoltaic manufacturer Meyer Burger seal a strategic partnership.
  • Meyer Burger, in turn, has a rapidly growing and strong-selling energy pioneer at its side in Helion.
  • Meyer Burger solar modules have a technological edge over Asian competitors and generate significantly higher yields over their entire lifetime.
  • In 2024, the first solar installer and solar mechanic apprentices will start their training at Helion Energy AG as part of a new apprenticeship program.

Helion announces world’s first fusion energy purchase agreement with Microsoft

Retrieved on: 
Wednesday, May 10, 2023
Nuclear, Alternative Energy, Energy, Other Energy, Constellation, Electricity, Microsoft, Multimedia, Helion Energy, Carbon, Plasma, Holy Grail, Helion, Renewable energy, Lithium, Polaris

Helion Energy (Helion) today announced an agreement to provide Microsoft electricity from its first fusion power plant.

Key Points: 
  • Helion Energy (Helion) today announced an agreement to provide Microsoft electricity from its first fusion power plant.
  • “This collaboration represents a significant milestone for Helion and the fusion industry as a whole,” said David Kirtley, CEO at Helion.
  • “We are optimistic that fusion energy can be an important technology to help the world transition to clean energy,” said Brad Smith, Vice Chair and President at Microsoft.
  • “Combined with our hourly carbon-free energy matching solution, Helion and Microsoft are helping to build a future where carbon-free energy is the standard.”

Helion Supports Congressional Call for Differentiated Regulatory Framework for Fusion Energy

Retrieved on: 
Monday, August 22, 2022
Congressional News, Views, White House, Federal Government, Public Policy, Government, Alternative Energy, Energy, Nuclear, NRC, Energy, Senate Environmental Justice Caucus, Safety, Helion, Nuclear Regulatory Commission, Helion Energy, Senator, Atomic Energy Act of 1954, Letter, Senate, Multimedia, Atomic energy, Electricity, EPW, Leadership, Committee, Congress, Climate change, Ranking, Lithium, 3D printing

This statement comes after the Senators issued a letter to the Nuclear Regulatory Commission (NRC) acknowledging the rapid development of fusion.

Key Points: 
  • This statement comes after the Senators issued a letter to the Nuclear Regulatory Commission (NRC) acknowledging the rapid development of fusion.
  • It comes five months after Helion participated in the White House Summit on Developing a Bold Decadal Vision for Commercial Fusion Energy .
  • The letter highlights that fusion is fundamentally different from fission, and therefore deserves a differentiated regulatory approach.
  • Helion is a fusion energy company focused on generating zero-carbon electricity from fusion.

Kyoto Fusioneering Raises US$18.6M in Oversubscribed Series B Funding Round and Debt Financing

Retrieved on: 
Wednesday, February 2, 2022
Growth, Bank, Bank of Kyoto, Government, Union, Contract, STEP, Cumulative effects (environment), Commonwealth Fusion Systems, Nuclear fusion, Kyoto University, Intention, Climate change, Tokamak Energy, Goal, JGC, JIC, Technology, Carbon, Research, Environment, Sumitomo Mitsui Banking Corporation, Program, Nuclear energy, MUFG Bank, Silver, GLOBE, KF, ITER, Industry, Sustainable Development Goals, History, Helion Energy, VC, Lithium, Security (finance), Renewable energy, Management

KYOTO, Japan, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Kyoto Fusioneering, the first fusion energy startup in Asia and Japan, has raised 1.33 billion yen (US$ 11.7 million) in its latest round of funding. The oversubscribed series B funding round was supported by existing investors, Coral Capital Co., and underwritten by five new investors from some of Japan's top VC firms (in alphabetical order): Daiwa Corporate Investment, DBJ Capital, JAFCO Group, JGC MIRAI Innovation Fund and JIC Venture Growth Investments. This capital increase brings the total amount of funds raised by Kyoto Fusioneering Ltd. to 1.67 billion yen (US$ 14.7 million).

Key Points: 
  • Kyoto Fusioneering Ltd - a fusion reactor technology company, based in Kyoto, Japan - has raised a total of US$18.6M in Series B funding and debt financing.
  • KYOTO, Japan, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Kyoto Fusioneering, the first fusion energy startup in Asia and Japan, has raised 1.33 billion yen (US$ 11.7 million) in its latest round of funding.
  • This capital increase brings the total amount of funds raised by Kyoto Fusioneering Ltd. to 1.67 billion yen (US$ 14.7 million).
  • Were excited to back Kyoto Fusioneering once again, and to see their incredible progress toward building out a fusion energy future.

Helion Raises $500 Million, Targets 2024 for Demonstrating Net Electricity from Fusion

Retrieved on: 
Friday, November 5, 2021
Technology, Science, Other Energy, Oil, Gas, Coal, Semiconductor, Alternative Energy, Engineering, Energy, Other Science, Research, Nuclear, Aerospace, Manufacturing, Environment, Electronic Design Automation, Consumer Electronics, Mithril, Quality of life, Plasma, Electricity, Culture, Leadership, CEO, Founder, Multimedia, Founder CEO, CTO, OpenAI, Y Combinator, Helion Energy, Plant, Lithium

Building on the achievements of Helions pulsed non-ignition fusion technology and the performance of its six predecessors, Polaris is expected to be the first fusion device capable of demonstrating net electricity production.

Key Points: 
  • Building on the achievements of Helions pulsed non-ignition fusion technology and the performance of its six predecessors, Polaris is expected to be the first fusion device capable of demonstrating net electricity production.
  • This funding ensures that Helion will be the first organization to generate electricity from fusion, said Dr. David Kirtley, Founder and CEO of Helion Energy.
  • Helion is a fusion energy company focused on generating zero-carbon electricity from fusion.
  • By building on the successes of its latest fusion prototypes, Helion is building the worlds first fusion electricity demonstration facility.