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POWER Magazine4 days ago

Thea Energy Raises $100 Million in New Funding to Advance Fusion Technology

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New Jersey-based Thea Energy, one of several U.S. companies working to commercialize fusion energy, said the company has raised $100 million in Series B funding. Thea is advancing stellarator technology to provide baseload fusion power. The company, which has several investors, is moving toward beginning construction of its Helios power plant (Figure 1) by the […] The post Thea Energy Raises $100 Million in New Funding to Advance Fusion Technology appeared first on POWER Magazine .