Helion Energy Stock

helionenergy.comEnergy / Clean EnergyFounded: 2013Funding to Date: $607.55MM

Helion is the developer of the first fusion generator, designed to produce clean, reliable, and abundant energy from deuterium, found in water, and helium-3, a product of fusing deuterium atoms. The company was founded by Chris Pihl, David Kirtley, George Votroubek, and John Slough in 2013 and is headquartered in Seattle, WA.

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Team

Management Team

David Kirtley Ph.D
Co-Founder, Chief Executive Officer, President & Board Member
Chris Pihl
Co-Founder, Chief Technology Officer & Board Member
George Votroubek Ph.D
Co-Founder & Principal Scientist
Scott Krisiloff
Chief Business Officer
Sachin Desai
General Counsel

Board Members

Ajay Royan
Mithril Capital Management
Dipender Saluja
Capricorn Investment Group
Sam Altman
Board Member

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America’s largest steel company is betting nuclear fusion can help it eliminate carbon emissions and power one of the world’s most energy-intensive manufacturing processes. In a first-of-its-kind partnership between a major industrial company and a fusion startup, Nucor and Helion Energy plan to develop a 500-megawatt fusion power plant that would be placed at one of Nucor’s U.S. steel mills by 2030, the companies said.
Scientists have achieved a net energy gain in nuclear fusion for the second time, marking major progress towards realising the potential of the near-limitless energy source. A team at the Lawrence Livermore National Laboratory in California, who first achieved the feat last December, claimed to have passed a new milestone with fusion ignition by producing even greater energy output than the original experiment.
Helion Energy (Helion) today announced an agreement to provide Microsoft electricity from its first fusion power plant. Constellation will serve as the power marketer and will manage transmission for the project.
It’s a historic milestone but still only a small step in the hype-heavy quest toward carbon-free energy.
Updated on: Jul 26, 2024

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