The Department of Energy announced up to $50 million for a new milestone-based fusion energy development program on September 22. The funding opportunity announcement is open to for-profit companies—possibly teamed with national laboratories, universities, and others—that are prepared to meet major technical and commercialization milestones leading to a pilot fusion power plant design.

The Department of Energy has selected eight private industry projects for fusion energy collaboration with DOE national laboratories. The awards are provided through the Innovation Network for Fusion Energy (INFUSE), which focuses on five areas of research: enabling technologies; materials; diagnostics; modeling and simulation; and experimental capabilities.

The Department of Energy’s Office of Science has named seven companies as the recipients of cost-shared funding granted through the Innovation Network for Fusion Energy (INFUSE). A total of $2.1 million in first-round fiscal year 2021 funding was awarded on July 1 across nine collaborative projects between DOE national laboratories and private industry aimed at overcoming challenges in fusion energy development.