Fusion Energy Innovator ExoFusion Launches Stellarator Acceleration Services

Fusion Energy innovator ExoFusion launches Stellarator Acceleration Services, helping accelerate the path to Commercially Viable Fusion (CVF).  Stellarators are among the most promising devices (including Tokamaks and others) that create fusion conditions that are extrapolatable to reactors.  Stellarator companies have raised over $1 billion in the recent past, indicating both investor and scientific confidence in their direction and potential. 

“ExoFusion is sticking to its stated thesis around accelerating CVF with IP, Simulation, Design, and Scientific Innovation, “said Mike Kotschenreuther, Chief Scientific Officer and Co-Founder. “Many of our innovations are machine-type-agnostic, so we are thrilled to launch our Stellarator services,” he added.

According to industry analyst FusionX Group, fusion companies have raised in excess of $13 Billion. Public-Private partnerships are key to hyper growth in this area. The need for abundant, carbon-free baseload power has been brought into bold relief by the growth in Data Centers and the AI workload as well as the needs of a growing population. Fusion investors discuss increasing the size and types of bets to ensure that the industry hews the fastest path to commercial scale.

“Our focus on confinement and optimization, across machine types, has created a huge scientific and economic opportunity in the Stellarator sphere,” said Romi Mahajan, ExoFusion CEO. “We are thrilled to be able to work with Stellarator leader Type One Energy in this important initiative,” he added.

“ExoFusion brings decades of experience and insight that we find invaluable for assessing the performance of our stellarator configurations and improving our fusion power plant designs,” said Chris Hegna, Co-Founder and VP of Stellarator Optimization at Type One Energy.

 


About ExoFusion

ExoFusion is an innovative company focused on accelerating the path to Commercially Viable Fusion (CVF). ExoFusion is a leader in the physics and technologies of confinement and the related issues of novel materials for the first wall. ExoFusion focuses on design, simulation, IP, and scientific innovation for the burgeoning Fusion industry. ExoFusion is a recipient of ARPA-E, SciDAC, FIRE, INFUSE and other grants. The company works across device types and fuel cycles.

About Type One Energy

Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. Established in 2019 and venture-backed in 2023, the company is led by a team of globally recognized fusion scientists with a strong track record of building state-of-the-art stellarator fusion machines, together with veteran business leaders experienced in scaling companies and commercializing energy technologies. Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system. Its FusionDirect™ development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy. Type One Energy is committed to community engagement in the development and deployment of its clean energy technology.

Romi Mahajan, CEO ExoFusion, Correspondence Email: romi@thekkmgroup.com

Thomas Frey, VP Marketing Type One Energy, thomas.frey@typeoneenergy.com 

SOURCE: ExoFusion and Type One Energy



Contacts
Romi Mahajan, CEO ExoFusion
romi@thekkmgroup.com
Thomas Frey, VP Marketing Type One Energy
thomas.frey@typeoneenergy.com