In the foothills of the Rocky Mountains on the outskirts of Fort Collins, Colo.—home to Colorado State University—work began this month on a new laser facility funded by a public-private partnership. The private portion is $150 million from Marvel Fusion, announced in August 2023, while $12.5 million—the latest funding for CSU from the Department of Energy’s Office of Fusion Energy Sciences (FES)—will support the new facility as part of LaserNetUS, a laser research network operated by DOE-FES to provide access to laser facilities for multidisciplinary researchers from the United States and abroad.

Xcimer Energy announced June 4 that it has raised $100 million in Series A financing for a new facility in Denver, Colo., that will host a prototype laser system with “the world’s largest nonlinear optical pulse compression system.” As a private fusion developer, Xcimer wants to “extend the proven science of inertial fusion to industrial scale” with the help of that laser system and “key technologies and innovations from multiple fields.”