✉news BusinessStartups first seen 1 d ago, last 14 h ago, peak #10
US government weighs $175 million stake in fusion startup Helion
Original: Feds eye $175M stake in fusion startup Helion
The US federal government is considering taking a $175 million equity stake in Helion Energy, a Washington-based startup developing nuclear fusion power. Helion, backed by major tech investors, aims to deliver commercial fusion electricity. A government ownership position in a cutting-edge private fusion company would mark an unusual level of federal involvement in the emerging energy sector.
Why now: Federal equity ownership in a private fusion startup would be an unprecedented government move in the energy sector.
Helion EnergyUS federal government
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