Company:Fuse Energy Technologies Corporation

From HandWiki
Fuse Energy Technologies Corporation
TypePrivate
IndustryDefense, fusion power
Founded2019; 7 years ago (2019)
FounderJ.C. Btaiche
HeadquartersSan Leandro, California, United States
Number of employees
53 (2024)
Websitewww.f.energy

Fuse Energy Technologies Corporation (also known as Fuse) is a U.S.-based fusion defense company that provides radiation testing services for national security customers as a path to commercial fusion power. It builds advanced radiation machines to test the resilience of governments and commercial hardware through short bursts of radiation.[1] Fuse is also developing a fusion generator able to deliver clean energy.[1] It was founded by J.C. Btaiche in 2019 and is headquartered in San Leandro, California.[1][2]

History

In 2019, at 19 years old, J.C. Btaiche founded Fuse to evaluate various fusion power methods.[3][4] Fuse ultimately chose to develop an advanced pulsed power machine able to power a MagLIF Z-pinch magneto-inertial fusion (MIF) device.[5]

In February 2024, Fuse was awarded a contract from the United States Air Force to develop new nuclear effects testing options for the military.[6][7] Fuse conducted a live-fire, six-stage test of the world's first high-energy, high-power impedance-matched Marx generator (IMG), named TITAN, and published experimental results from the machine in Nature Scientific Reports in July 2024.[8] TITAN will serve as Fuse's pulsed power driver for future fusion generators. In the same year, former National Nuclear Security Administrator and Energy Department Under Secretary Lisa Gordon-Hagerty joined the company's board of directors.[3] In 2024, Fuse also announced it was developing designs for two more fusion platforms: a test platform named Z-Star and a pilot fusion plant named Apeiron I.[3][9]

At its San Leandro headquarters, Fuse operates a radiation facility which opening was covered by Wired magazine.[2]

Fuse has contracts with the U.S. Air Force, the National Nuclear Security Administration, and cooperative research and development agreements (CRADA) with Sandia National Laboratories and Los Alamos National Laboratory.[1][4][10]

Former Chief Engineer at Los Alamos National Laboratory, James Owen serves as the President of the company's federal subsidiary, Fuse Federal, LLC.[11][12] Former Afghanistan base chief for the CIA Laura Thomas serves as the company's chief strategy officer.[1][4] Former Atomic Energy Organization of Iran nuclear scientist Vahid Damideh serves as the company's chief engineer.[4]

Investors in Fuse include Bracket Capital, Tamarack Global, and Buckley Ventures.[1][13]According to Bloomberg News, the company was valued at over $200 million in September 2024.[1]

See also

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 "Nuclear Startup Fuse Valued at Over $200 Million in New Funding". Financial Post. September 12, 2024. https://financialpost.com/pmn/business-pmn/nuclear-startup-fuse-valued-at-over-200-million-in-new-funding. 
  2. ↑ 2.0 2.1 Lanier, Jaron. "Inside a Fusion Startup's Insane, Top-Secret Opening Ceremony" (in en-US). Wired. ISSN 1059-1028. https://www.wired.com/story/inside-a-fusion-startups-insane-top-secret-opening-ceremony/. 
  3. ↑ 3.0 3.1 3.2 Zisk, Rachael (2024-09-16). "Fuse Energy Technologies Raises $32M" (in en-US). https://ignition-news.com/fuse-energy-technologies-raises-32m/. 
  4. ↑ 4.0 4.1 4.2 4.3 Jeans, David (July 3, 2024). "Why Top Nuclear Experts and Ex-CIA Brass Joined A High School Grad's Tiny Fusion Startup" (in en). https://www.forbes.com/sites/davidjeans/2024/07/03/fuse-fusion-energy-startup-cia/. 
  5. ↑ Mehlhorn, Thomas A. (2024-02-28). "From KMS Fusion to HB11 Energy and Xcimer Energy, a personal 50 year IFE perspective". Physics of Plasmas 31 (2): 020602. doi:10.1063/5.0170661. ISSN 1070-664X. https://pubs.aip.org/aip/pop/article/31/2/020602/3267722/From-KMS-Fusion-to-HB11-Energy-and-Xcimer-Energy-a. 
  6. ↑ Vincent, Brandi (2024-02-28). "Air Force invests in new nuclear effects testing prototypes" (in en-US). https://defensescoop.com/2024/02/28/air-force-invests-in-new-nuclear-effects-testing-prototypes/. 
  7. ↑ Stanczyk, Sarah (2025-02-27). "The Convergence of VC and DOE in Fusion Technology" (in en-US). https://apelc.com/the-convergence-of-vc-and-doe-in-fusion-technology/. 
  8. ↑ Damideh, Vahid; Btaiche, J. C.; Ho, Alex; Spielman, R. B.; Lehr, Jane M.; Mehlhorn, T. A.; Hassen, Isaac; Akoulov, Alexei et al. (2024-07-23). "Experimental results of a 330 GW impedance-matched Marx generator" (in en). Scientific Reports 14 (1): 16889. doi:10.1038/s41598-024-67774-4. ISSN 2045-2322. PMC 11266602. https://www.nature.com/articles/s41598-024-67774-4. 
  9. ↑ Wang, Brian (2024-10-21). "Startup Fuse Progresses to Terawatt Z-Pinch Fusion" (in en-US). https://www.nextbigfuture.com/2024/10/startup-fuse-progresses-to-terawatt-z-pinch-fusion.html. 
  10. ↑ "Los Alamos National Laboratory chief engineer joins nuclear fusion startup Fuse". Reuters. November 22, 2024. https://www.reuters.com/business/energy/los-alamos-national-laboratory-chief-engineer-joins-nuclear-fusion-startup-fuse-2024-11-21/. 
  11. ↑ Lee, Sing; Damideh, Vahid; Btaiche, J. C. (2023-10-01). "MagLIF: Dynamics and energetics of liner and fuel". Vacuum 216. doi:10.1016/j.vacuum.2023.112471. ISSN 0042-207X. https://www.sciencedirect.com/science/article/pii/S0042207X23006681. 
  12. ↑ "Los Alamos National Laboratory's James Owen Leaving Lab After Distinguished 30-Year Career To Enter Private Sector". https://ladailypost.com/lanls-james-owen-leaving-lab-after-distinguished-30-year-career-to-enter-private-sector/. 
  13. ↑ "Exclusive: Tamarack Global raises $72M for second deep tech fund" (in en). 2024-10-30. https://www.axios.com/pro/climate-deals/2024/10/30/tamarack-global-john-mccormick-deeptech-fund-ii. 




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