Skip to content
Green
Cleaner Tech

Nuclear Fusion Breakthrough Set to Send Billions of Dollars Flowing to Atomic Startups

  • Investments in fusion on track to reach $1 Billion in 2022
  • US announced major breakthrough in fusion technology
Bloomberg business news
US Scientists Make Breakthrough in Nuclear Fusion

The breakthrough in nuclear fusion is likely to spark investment in the technology that could transform the global energy landscape with nearly limitless clean energy. 

Investors are on track to pour more than $1 billion into the technology this year. While that’s down from 2021, a boom year when spending exceeded $2.6 billion, it’s almost triple the amount from 2020 and the trend is clearly increasing, according to Chris Gadomski, chief nuclear analyst for BloombergNEF.