Consortium Of Japanese Companies To Back Promising Fusion Startup

Consortium Of Japanese Companies To Back Promising Fusion Startup

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16 companies in Japan, including Mitsubishi Corp., Kansai Electric Power Co. and one government affiliated fund, are readying a $73.6 million investment in a startup working to commercialize fusion power.  Tokyo-based Kyoto Fusioneering was founded in 2019 by researchers from Kyoto University, according to Nikkei, who calls the company "the most successful startup in Japan working with fusion-related technology." The ultimate goal is to move toward implementing and developing fusion, which makes heat by combining hydrogen atoms to make helium.…

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