Helion Energy has just closed a funding round to secure funds to invest in the world’s first commercialized fusion power plant, with notable investors such as OpenAi’s Sam Altman.

The company is thrilled about the opportunities this funding creates. It will allow them to dramatically expand their U.S. manufacturing capabilities, significantly increasing their production speed for critical components like capacitors, magnets, and semiconductors. This expansion will help them accelerate the development of not only their pioneering fusion power plant, but all future facilities as well.

Helion now has customers from Microsoft and Nucor along with AI giant Sam Altman. Tech companies are increasingly sourcing for cleaner energy to power their AI compute systems.

The growing need for energy is coinciding with an urgent push for nations to achieve energy independence and bolster their security through domestic power production. While many energy alternatives exist, fusion power – a process that generates energy by merging atomic nuclei – has emerged as a particularly compelling solution. This technology promises to deliver safe, clean, and virtually limitless electricity without carbon emissions, making it especially attractive for addressing both climate and energy security concerns. Despite its immense potential, fusion power has historically remained confined to experimental research facilities, rather than serving as a practical energy source for the power grid. However, recent technological advances are finally beginning to change this dynamic, moving fusion from the realm of pure research toward commercial viability.