Commonwealth Fusion Systems gets $85M to build better fusion-ready semiconductors
By Tim De Chant
Top-funded fusion startup Commonwealth Fusion Systems received an $85 million award from the federal government to advance conductors for fusion power plants.
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Semiconductor
A material, usually silicon, used to make the chips that process and store information in electronic devices.
Chips power everything from phones to cars, so their supply has become a strategic issue for governments.
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A young company built to grow quickly, often around a new product or technology, usually funded by investors.
Startups create new jobs and industries, but most fail, which is why funding rounds are closely watched.
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