# Commonwealth Fusion Systems Signs $85 Million Letter of Intent with the U.S. Department of Commerce to Accelerate Next-Generation Semiconductor R&D for Commercial Fusion Energy

- Source: PR Newswire
- Published: 2026-10-22T13:41:00+00:00
- Category: Business
- Original: https://www.prnewswire.com/news-releases/commonwealth-fusion-systems-signs-85-million-letter-of-intent-with-the-us-department-of-commerce-to-accelerate-next-generation-semiconductor-rd-for-commercial-fusion-energy-302917035.html
- Canonical: https://groundlevelnews.com/story/commonwealth-fusion-systems-signs-85-million-letter-of-intent-with-the-0bb814/

DEVENS, Mass., Oct. 22, 2026 /PRNewswire/ -- Commonwealth Fusion Systems (CFS), the global leader in fusion energy, today announced that it signed a letter of intent (LOI) for an $85 million proposed federal R&D award under the CHIPS and Science Act with the U.S. Department of Commerce to...

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