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Bill Gates-backed Commonwealth Fusion Systems hits key reactor construction milestone


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Commonwealth Fusion Systems (CFS) marked a major milestone Tuesday morning, announcing the installation of a key component of its SPARC demonstration

Commonwealth Fusion Systems (CFS), backed by Bill Gates, has achieved a significant milestone in its quest to develop commercial fusion energy by successfully completing the construction of the world's first high-temperature superconducting (HTS) fusion magnet. This magnet, which is crucial for confining plasma at the extreme temperatures required for fusion reactions, has been installed at the company's facility in Devens, Massachusetts. The magnet, weighing 10 tons and standing 20 feet tall, is part of CFS's broader plan to build a compact fusion power plant, with the company aiming to demonstrate net energy gain by the early 2030s. This development not only marks a technical breakthrough but also underscores the growing momentum in the fusion energy sector, with CFS's approach potentially offering a faster and more cost-effective path to fusion power compared to traditional methods.

Read the Full TechCrunch Article at:
[ https://techcrunch.com/2025/03/25/bill-gates-backed-commonwealth-fusion-systems-hits-key-reactor-construction-milestone/ ]

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