Nuclear fusion private sector investment accelerates - reports

50% of fusion companies were founded in the last five years, a study has found

Private sector investment into nuclear fusion companies is increasing, according to a recent study by UK Atomic Energy Authority and the newly formed Fusion Industry Association, the Financial Times has reported.

Investment continues to flow into fusion companies, of which there are now at least 35, with 18 having received a total of $1.8bn in private sector funding, according to the study, which is said to be the first of its kind in the sector. Investment in the nuclear fusion sector marks an acceleration of a 60-year-long bid to generate clean, cheap energy by fusing atoms. Of the 23 companies surveyed, more than half were founded in the last five years, but no group has yet been able to effectively fuse atoms while producing more energy than they use in the process. Activist hedge fund ...