Fuse Energy

Fuse Energy

Pulsed-power fusion energy and radiation testing

Overview

Fuse Energy Technologies (Fuse) develops fusion energy using pulsed power with a stabilized Z-pinch approach. In the near term, it offers radiation effects testing to help national security by simulating harsh radiation environments for critical electronics. Its long-term plan is to build a fusion pilot plant and eventually commercial fusion power, starting with TITAN as the building block for APEIRON I. The team combines deep experience in high-power electronics and rapid hardware development to pursue a dual path of defense testing and compact fusion research.

About Fuse Energy

Simplify's Rating
Why Fuse Energy is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Government & Public Sector

Energy

Defense

Company Size

51-200

Company Stage

Series A

Total Funding

$49M

Headquarters

Napierville, Canada

Founded

2018

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Simplify's Take

What believers are saying

  • April 10, 2026, Fuse opened Albuquerque capacity for defense, space, and semiconductors.
  • Fuse says Albuquerque begins serving customers by summer 2026, ahead of government-built alternatives.
  • June 2025 advisory hires from STRATCOM, NSA, and DOJ deepen federal credibility.

What critics are saying

  • Revenue from testing cannot finance APEIRON I without another major financing round.
  • A summer 2026 Albuquerque slip delays promised cash flow and customer proof.
  • A TITAN dead-end leaves Fuse a niche tester, not a fusion power company.

What makes Fuse Energy unique

  • Fuse pairs pulsed-power fusion with radiation-as-a-service, monetizing national-security demand today.
  • Its Albuquerque site near Sandia and Los Alamos embeds Fuse inside defense procurement workflows.
  • Peer-reviewed TITAN data and 100-plus tests validate a compact Z-pinch path.

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Funding

Total Funding

$49M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$32M
Fuse Energy

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

Sabbatical Leave

Hybrid Work Options

Stock Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Performance Bonus

Profit Sharing

Employee Stock Purchase Plan

Relocation Assistance

Employee Referral Bonus

Student Loan Assistance

Parental Leave

Family Planning Benefits

Fertility Treatment Support

Adoption Assistance

Childcare Support

Elder Care Support

Pet Insurance

Bereavement Leave

Professional Development Budget

Conference Attendance Budget

Training Programs

Tuition Reimbursement

Professional Certification Support

Mentorship Program

Wellness Program

Mental Health Support

Gym Membership

Commuter Benefits

Meal Benefits

Phone/Internet Stipend

Home Office Stipend

Legal Services

Employee Discounts

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

-5%

1 year growth

-3%

2 year growth

1%
The Defense Post
Apr 14th, 2026
Fuse Energy to build radiation testing facility in New Mexico.

Fuse Energy to build radiation testing facility in New Mexico. Fuse Energy Technologies is building a new radiation testing facility in Albuquerque, New Mexico, expanding US capacity to test defense, space, and semiconductor systems in extreme environments. The company said it will invest tens of millions of dollars in the site, which will offer "radiation-as-a-service" for government and commercial users developing electronics and platforms designed to operate in high-radiation conditions. The facility is expected to begin operations by summer 2026. Located near Sandia National Laboratories and Los Alamos National Laboratory, the site will support testing for satellites, advanced chips, and defense systems. Fuse has also entered cooperative research agreements with both labs, positioning the facility within a broader national security research hub. By building in New Mexico, the company aims to ease testing bottlenecks that can delay deployment timelines. "The demand for radiation effects testing is growing rapidly as governments and companies deploy increasingly sophisticated defense platforms, satellites, advancement in chips and semiconductors, and critical infrastructure technologies," Fuse CEO and founder JC Btaiche said. The project is also expected to create dozens of engineering and technical jobs, reinforcing the state's growing role in advanced energy and defense-related research. Defense firms expand footprint in New Mexico. Fuse's move adds to a steady buildup of defense manufacturing and research capacity in New Mexico over the past few years. In March, AeroVironment announced a more than $30-million expansion of its Albuquerque operations to scale production of defense and space systems, including counter-drone and laser technologies. The investment is expected to boost manufacturing capacity and workforce growth in the region. In January, defense startup Castelion selected New Mexico for a large hypersonic manufacturing campus under "Project Ranger," aimed at producing solid rocket motors and supporting next-generation strike systems, with plans announced in 2026. Earlier, in August 2022, BlueHalo opened a research, development, and manufacturing facility in Albuquerque, part of a broader expansion focused on directed energy, space systems, and counter-drone technologies.

The Tifton Gazette
Apr 10th, 2026
Fuse expands U.S. Radiation testing capacity with new Albuquerque facility.

Fuse expands U.S. Radiation testing capacity with new Albuquerque facility. PR Newswire Today at 6:15am PDT Next-generation testing infrastructure will help alleviate critical bottlenecks and accelerate the deployment of defense, space, and semiconductor technologies SAN LEANDRO, Calif., April 10, 2026 /PRNewswire/ - Fuse, a leading U.S.-based fusion company, today announced the establishment of a new state-of-the-art facility in Albuquerque, New Mexico that will expand U.S. radiation effects testing capacity for critical defense, space, and semiconductor technologies. Fuse Federal has acquired several acres of land and will invest tens of millions of dollars to build next-generation radiation testing infrastructure. The facility is expected to create dozens of high-skilled engineering and technical jobs over the coming years and is scheduled to begin serving customers by summer 2026. "Fusion technology has transformative potential in both commercial and national security applications, and New Mexico is perfectly situated to capitalize on both," said U.S. Senator Martin Heinrich. "I'm excited to work with Fuse Energy Technologies on their Albuquerque facility as they build radiation testing capabilities that support the national security mission of Sandia National Laboratories and Los Alamos National Laboratory. Fusion is bringing good-paying jobs to New Mexico that will support the clean energy transition and support our national defense." The Albuquerque site will deliver Radiation-as-a-Service (RaaS), enabling rapid, on-demand testing for U.S. and allied government agencies, defense programs, and commercial companies developing advanced electronics, satellites, and other technologies that must operate in radiation-intense environments. The facility will house advanced radiation sources that replicate extreme radiation and space environments, helping meet the urgent need for expanded testing capacity as next-generation capabilities come online. Fuse is scaling its capabilities to help alleviate critical testing bottlenecks and accelerate deployment timelines. "Demand for radiation effects testing is growing rapidly as governments and companies deploy increasingly sophisticated defense platforms, satellites, advancement in chips and semiconductors, and critical infrastructure technologies," said JC Btaiche, Founder and CEO of Fuse. "By expanding to New Mexico, we're building next-generation testing infrastructure in one of the nation's most important national security and research hubs. This facility will help relieve testing bottlenecks and accelerate the fielding of critical defense and space systems, as well as advanced electronics, while driving the real-world applications of fusion technology." Fuse expects the new facility to come online roughly two years sooner and at a fraction of the cost of comparable government-budgeted testing infrastructure, demonstrating how private-sector investment can help bridge near-term capability gaps while demand for radiation testing continues to increase. "I'm proud to announce that Fuse Energy Technologies is opening a new facility in Albuquerque. This site will support fusion energy creation and also build a radiation testing facility that complements work being done at Sandia National Laboratories," said U.S. Senator Ben Ray Luján. "New Mexico is showing how states can keep up with innovation by making it easier for advanced energy companies to grow. This investment will boost our economy, create high-quality jobs, and strengthen New Mexico's leadership in energy, national security, and new technologies." New Mexico has emerged as a leading center for advanced energy and national security innovation, with a strong ecosystem anchored by Los Alamos National Laboratory and Sandia National Laboratories. Fuse Federal has established Cooperative Research and Development agreements (CRADAs) with both laboratories. "New Mexico continues to lead the nation in advanced science, energy innovation and national security research," said Governor Michelle Lujan Grisham. "Fuse's investment in Albuquerque is yet another indication that our state is at the forefront of cutting-edge technology while creating high-quality jobs and expanding opportunities for collaboration with our national laboratories and research institutions." The expansion builds on Fuse's growing presence across the United States, including its headquarters and fusion research and radiation testing operations in San Leandro, California. About Fuse Fuse Energy Technologies Corporation is accelerating the world's transition to fusion energy by securing clean, reliable, global energy abundance while also ensuring U.S. and Allied competitiveness through radiation effects testing. Through its subsidiary, Fuse Federal Enterprise, LLC, the company provides essential radiation services to U.S. government agencies, supporting critical defense and energy initiatives. SOURCE Fuse Energy Technologies Corporation This is a paid placement. For further inquiries, please contact PR Newswire directly.

UK Tech News
Jul 25th, 2025
Energy startup Fuse enters gas market with £7.4m investment

Fuse Energy, a power provider founded by a former executives at Revolut, has secured a new £7.4m investment as it enters the gas market.

PR Newswire
Jun 9th, 2025
Fuse Welcomes Esteemed Former Nuclear And National Security Officials To Advisory Board

Advisory Board Includes Senior Officials from U.S. Strategic Command, U.S. Navy, U.S. Army, the National Security Agency, and the Department of JusticeSeasoned Leaders Come Together in Mission to Accelerate World's Transition to Fusion Energy and Safeguard HumankindSAN LEANDRO, Calif., June 9, 2025 /PRNewswire/ -- Fuse , a leading U.S.-based fusion company, today announced the addition of several new advisory board members who will support the company's mission to deliver next-generation radiation effects testing and accelerate the commercialization of fusion energy. The group comprises former senior officials from the U.S. Strategic Command, U.S

PR Newswire
Nov 21st, 2024
Los Alamos Chief Engineer Joins Nuclear Fusion Startup Fuse To Lead Federal Business

Building on unparalleled nuclear experience, James Owen to lead Fuse's strategy to build technology solutions for sustainable, clean, reliable energySAN LEANDRO, Calif., Nov. 21, 2024 /PRNewswire/ -- Fuse, a leading nuclear fusion company dedicated to accelerating the world's transition to fusion energy while safeguarding humankind, today announced the appointment of Los Alamos National Laboratory's (LANL) Chief Engineer for Nuclear Weapons, James Owen, as President of Fuse Federal, the company's wholly-owned subsidiary focused on U.S. government business

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