Tag: #advance

Venture Capital & Startups

Fusion Startup Helion Secures $175 Million in Federal CHIPS Act Funding to Advance Power Electronics and Semiconductors

Tuesday, October 27, 2026 | 04:07

Fusion energy startup Helion has been awarded $175 million in federal funding to research, develop, and manufacture advanced semiconductors and power electronics destined for its commercial fusion power plants, the company announced on Thursday. The three-year award was granted by the Department of Commerce under the CHIPS Act, a bipartisan legislative framework designed to bolster […]