Fusion startups face a new challenge, one unrelated to plasma physics: Give the government shares in exchange for funding awards or go it alone?
Fusion startups are giving the government shares in exchange for awards. Is it worth it?

Key takeaways
U.S. government awards $260 million to fusion startups in exchange for non-voting shares, signaling renewed interest in the sector.
- Fusion startups Helion and CFS received $260 million from the U.S. government under the CHIPS and Science Act.
- The government receives non-voting shares in exchange for the funding, unlike previous non-dilutive capital deals.
- The awards highlight the government's renewed focus on fusion despite the startups' much larger private funding totals.
Summarised automatically by AI from the original article by TechCrunch. AI can make mistakes, so check the original for details.
Story details
- Published
- By
- Tim De Chant
- Section
- Climate
- Length
- 1,162 words · about 5 min read
- Format
- Article
- Original
- techcrunch.com ↗
Related reporting
2 stories on this topic from 2 sources, oldest first.
- TechCrunch Fusion startups are giving the government shares in exchange for awards. Is it worth it? (this story)






