Everett-based nuclear fusion power company Helion announced last week that it’s looking to develop a 50-megawatt fusion power plant on land in Malaga owned by Chelan Public Utility District.

Helion raised US$425 million in a Series F round last month, crossing $1 billion in funding. The last raise was aimed at helping the Washington-based company get its plans for a commercial power ...

Helion, founded in 2013, is backed by OpenAI's Sam Altman. A Sam Altman-backed startup has raised nearly half a billion dollars as it aims to build the world's first nuclear fusion power plant to ...

US-based Helion Energy recently unveiled its latest prototype in Everett, Washington, before announcing a $425 million funding round this week. Among the investors was Mr Altman, who has ...

The firm's latest Series F round brings the total investment into Helion over the $1 billion line, and it's aiming to begin delivering power from a single fusion 50-MW plant to Microsoft by 2028.

Helion Energy Inc., a startup working to develop commercial fusion reactors, today announced that it has closed a $425 million late-stage funding round. The Series F deal included the ...

Fresh off a $425 million Series F funding round, Helion is now valued at $5.4 billion, the startup announced today (Jan. 28). The company’s co-founder and CEO David Kirtley said the massive ...

Few fusion startups have been as closely watched as Helion. The 12-year-old company is backed by Sam Altman, rumored to be in talks with OpenAI, and has a deal to supply Microsoft with electricity ...

(Reuters) - Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture funding from a group of investors including SoftBank Group ...

EVERETT, Wash.--(BUSINESS WIRE)--Helion, a fusion energy company, today announced a $425 million Series F investment round that will be used to scale commercialization efforts for the company’s ...

Helion’s facility in Everett, Wash. (Helion Photo) Helion Energy announced a $425 million funding round that will help the Seattle-area fusion company chase the “Holy Grail” of clean energy.