General InformationCommonwealth Fusion Systems is a Massachusetts-based fusion energy company founded in 2015 with over 500 employees developing commercial fusion power plants using advanced superconducting magnet technology.
Funding & FinancialsCFS has raised over $2 billion in funding including a Series D round led by major institutional investors, making it one of the most well-funded private fusion companies globally.
Leadership & TeamCEO Bob Mumgaard leads the company, which was founded by MIT scientists including Brandon Sorbom and includes experienced engineers and physicists from leading research institutions.
Recent ActivityCommonwealth Fusion recently announced progress on their SPARC demonstration plant scheduled for the early 2030s and secured additional strategic partnerships with major energy companies for commercialization.