{"id":232320,"date":"2026-04-02T14:15:27","date_gmt":"2026-04-02T14:15:27","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2026\/04\/02\/commonwealth-fusion-systems-leans-on-magnets-for-near-term-revenue-techcrunch\/"},"modified":"2026-04-02T14:15:27","modified_gmt":"2026-04-02T14:15:27","slug":"commonwealth-fusion-systems-leans-on-magnets-for-near-term-revenue-techcrunch","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2026\/04\/02\/commonwealth-fusion-systems-leans-on-magnets-for-near-term-revenue-techcrunch\/","title":{"rendered":"Commonwealth Fusion Systems leans on magnets for near-term revenue | TechCrunch"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\"><a href=\"https:\/\/cfs.energy\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Commonwealth Fusion Systems<\/a> said on Thursday it would sell high-temperature superconducting magnets to <a href=\"https:\/\/realtafusion.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Realta Fusion<\/a>, the second in a string of deals that suggests the company will lean heavily on its magnet technology in the coming years to bring in much-needed revenue.<\/p>\n<p class=\"wp-block-paragraph\">\u201cIt\u2019s the largest deal of this kind to date for CFS,\u201d Rick Needham, the company\u2019s chief commercial officer, told reporters on a call.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Commonwealth Fusion Systems, or CFS, previously <a href=\"https:\/\/techcrunch.com\/2024\/07\/12\/lets-not-kick-down-the-ladder-commonwealth-fusion-systems-shares-its-secret-sauce\/\" target=\"_blank\" rel=\"noopener\">sold magnets to the WHAM experiment<\/a> at the University of Wisconsin, with which fusion startup Realta collaborates closely. The physics behind WHAM underpins Realta\u2019s approach to fusion power, which is known as a magnetic mirror reactor.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">In a magnetic mirror, plasma is confined into a shape that resembles two 2-liter soda bottles connected at the base. On each end, powerful magnets punch the plasma and force it back toward the center. Weaker magnets encircle the middle of the bottle shape.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">To make a more powerful reactor, <a href=\"https:\/\/techcrunch.com\/2025\/05\/13\/realta-fusion-taps-36m-in-fresh-funds-for-its-fusion-in-a-bottle-reactor\/\" target=\"_blank\" rel=\"noopener\">Khosla-backed Realta<\/a> would only need to expand the middle section, and because those magnets are less powerful, they\u2019re cheaper. Per kilowatt-hour costs should fall as Realta\u2019s reactors increase in size.<\/p>\n<p class=\"wp-block-paragraph\">CFS is pursuing another form of magnetic confinement fusion called a tokamak. In a tokamak, D-shaped magnets cast powerful fields to keep plasma circulating in a doughnut-like shape inside. Over the years, the company has refined its magnets in pursuit of putting electrons on the grid from Arc, its future commercial-scale reactor that\u2019s <a href=\"https:\/\/techcrunch.com\/2024\/12\/17\/commonwealth-fusion-systems-just-picked-its-first-commercial-site-partly-because-of-its-proximity-to-washington-d-c\/\" target=\"_blank\" rel=\"noopener\">slated to be built in Virginia<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">Both CFS\u2019 and Realta\u2019s existence stem from the magnets themselves. CFS was founded\u00a0in 2018 after scientists at MIT realized that a new class of commercially available high-temperature superconductors could underpin a viable tokamak design. Realta was founded a few years later when physicists at the University of Wisconsin \u201csaw that there was a new technology, a game changer that would enable us to go back to the [magnetic] mirror and avail of those engineering advantages that the concept has,\u201d co-founder and CEO Kieran Furlong said.<\/p>\n<div class=\"wp-block-techcrunch-inline-cta\">\n<div class=\"inline-cta__wrapper\">\n<p>Techcrunch event<\/p>\n<div class=\"inline-cta__content\">\n<p>\n\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__location\">San Francisco, CA<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__separator\">|<\/span><br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"inline-cta__date\">October 13-15, 2026<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p class=\"wp-block-paragraph\">In addition to the Realta and WHAM deals, CFS has also licensed its high-temperature superconducting magnet technology to <a href=\"https:\/\/techcrunch.com\/2024\/07\/30\/bill-gates-backed-type-one-energy-lands-massive-seed-extension-to-commercialize-fusion-power\/\" target=\"_blank\" rel=\"noopener\">Type One Fusion<\/a>, which is working on a third type of reactor design known as a stellarator. While the latter deal doesn\u2019t include CFS building actual magnets for the company, it could lead to that one day, Christine Dunn, CFS\u2019 head of external communications, told TechCrunch.<\/p>\n<p class=\"wp-block-paragraph\">The deals will help CFS pay off its investment in magnet manufacturing. The startup spent seven years and hundreds of millions of dollars building a factory capable of producing high-temperature superconducting magnets designed to fusion-power specifications. So far, that has gone toward building Sparc, the company\u2019s demonstration reactor, which won\u2019t turn on until later this year.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWith Sparc now 70% complete, it was excellent timing to start supporting Realta with our magnet manufacturing,\u201d Needham said.<\/p>\n<p class=\"wp-block-paragraph\">Because Realta and Type One are pursuing different reactor designs, CFS apparently doesn\u2019t view them as directly competitive at the moment. In the marketplace, Realta and CFS are even further apart, with the former focusing initially on industrial applications that need large amounts of heat.<\/p>\n<p class=\"wp-block-paragraph\">To date, CFS has raised nearly $3 billion \u2014 a <a href=\"https:\/\/techcrunch.com\/2025\/12\/31\/every-fusion-startup-that-has-raised-over-100m\/\" target=\"_blank\" rel=\"noopener\">large chunk of all venture dollars<\/a> raised by fusion startups. That\u2019s put the company in an enviable position, giving it the means to build key facilities like its magnet factory before competitors can. The startup pitches these deals as a service to the broader fusion industry, making available technologies that would cost many millions to replicate. That\u2019s certainly true, but it also gives it access to even more venture investment, even if it\u2019s in a roundabout way.<\/p>\n<p class=\"wp-block-paragraph\"><em>Update 1:45 pm ET: CFS\u2019s manufacturing facility makes HTS magnets, not tape, and it won\u2019t be idled but will be making additional magnets for Sparc. The article also misstated Rick Needham\u2019s role as COO; he is CCO. <\/em><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2026\/04\/02\/commonwealth-fusion-systems-leans-on-magnets-for-near-term-revenue\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commonwealth Fusion Systems said on Thursday it would sell high-temperature superconducting magnets to Realta Fusion, the second in a string of deals that suggests the company will lean heavily on its magnet technology in the coming years to bring in much-needed revenue. \u201cIt\u2019s the largest deal of this kind to date for CFS,\u201d Rick Needham, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":232321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-232320","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/232320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=232320"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/232320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/232321"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=232320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=232320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=232320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}