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Startup begins work on US fusion power plant. Yes, fusion.
Helion is one of three developers to amass $1 billion in investments, according to the 2025 annual report by the Fusion Industry Association. The company is aiming to build the first U.S. power plant to harness fusion energy for the grid at a site in Malaga, Washington, which is roughly halfway between Seattle and Spokane.
Helion Energy, a startup backed by OpenAI's Sam Altman and SoftBank's venture capital arm, has started construction on a site ...
Helion has started site work on its first fusion power plant, Orion, in Washington, aiming to deliver 50 MW of clean energy ...
Helion Energy, a startup partnering with Microsoft, has started construction on a fusion power reactor, joining the race to ...
Helion’s design comes from company co-founder John Slough, who is also a research associate professor at the University of Washington and who runs Redmond-based space propulsion firm MSNW LLC.
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