Commonwealth Fusion Stock

cfs.energyEnergy / Clean EnergyFounded: 2026

Commonwealth Fusion Systems (CFS) is a research and development firm born out of MIT's Plasma Science and Fusion Center. The company focuses on creation of fusion energy systems as a commercial power and clean energy source for the world. CFS' team consists of scientists and experts in various levels of energy technology and production.

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Management Team

Bob Mumgaard
Chief Executive Officer
Brandon Sorbom
Chief Scientific Officer
Dan Brunner
Chief Technology Officer
Steve Renter
Chief Operating Officer

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Commonwealth Fusion is a privately held company and therefore does not have a public stock price. However, you may access Commonwealth Fusion’s private market stock price with Forge Data.
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News Highlights

NT-Tao seeks to generate nuclear fusion with compact reactors
Israeli start-up NT-Tao is developing compact nuclear fusion reactors that could provide electricity for 1,000 homes each. The company, which raised $22m in February from investors including Honda Motor, is one of around 30 firms racing to generate energy through nuclear fusion. The technology is not yet fully developed, but NT-Tao is confident it is on the right path and expects to have a commercial product by the 2030s.
Commonwealth Fusion has raised $2 billion to make energy like the sun and stars — here’s a look inside
Commonwealth Fusion Systems has raised over $2 billion in venture capital to develop a fusion reactor, a technology that could provide a clean, waste-free source of energy. The company is currently building its first demonstration reactor, SPARC, with plans to turn it on in 2025. The company's CEO, Bob Mumgaard, believes advancements in science and technology, along with increasing demand for clean energy, make this a tipping point for the fusion industry.
Devens fusion company awarded slice of $46M DOE milestone program
Commonwealth Fusion Systems (CFS) is one of eight companies to receive funding from the U.S. Department of Energy's $46-million Milestone-Based Fusion Development Program. The program aims to produce a pilot-scale demonstration of fusion energy generation within a decade. The funding will be distributed as reimbursement after pre-established commercialization milestones are achieved and verified by the DOE.
Updated on: May 24, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.