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

The Quick Take
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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