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Commonwealth Fusion Stock (COFU)

Fusion energy technology from MIT

About Commonwealth Fusion Stock

Founded

2017

Headquarters

Cambridge, MA, US

Total Funding

2.0B

Industries

Science and Engineering, Energy, Sustainability

Commonwealth Fusion is a research company that develops energy through an inexhaustible power plant. It uses rare-earth barium copper oxide superconductor technology to develop energy. They combine proven physics backed by decades of government-funded fusion research with a revolutionary superconducting magnet technology to accelerate the path to commercial fusion energy Commonwealth Fusion Systems (CFS) is on track to bring fusion energy technology to the market. CFS was spun out of MIT and is collaborating with MIT’s Plasma Science and Fusion Center to leverage decades of research combined with the innovation and speed of the private sector. The business designs and builds fusion machines that deliver limitless and clean fusion energy and integrate proven physics with magnet technology, allowing clients to contribute to the expansion of renewable energy while mitigating the effects of climate change.

Investors in Commonwealth Fusion

Discover investors in Commonwealth Fusion stock and explore their portfolio companies

Commonwealth Fusion Management

Leadership team at Commonwealth Fusion

Chief Executive Officer and Co-Founder

Robert Mumgaard

Co-founder

Martin Greenwald

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