Nvidia-backed atomic fusion firm eyes reactor in Japan – CFS wants to deploy a reactor in Japan in the late 2030s or early 2040s

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A US-based nuclear fusion developer wants to deploy a reactor in Japan in the late 2030s or early 2040s, in line with the Asian country’s broader plans to adopt the potent, low-carbon energy source.

Commonwealth Fusion Systems LLC, which last week announced it raised US$863 million (RM3.6 billion) from investors including Nvidia Corp, has been in dialogue with Japanese government officials on the use of its technology, chief executive officer Bob Mumgaard said in an interview in Tokyo on Wednesday.

The firm does not currently have any reactors in operation but also drew interest from a consortium of 12 Japanese companies led by trading houses Mitsui & Co and Mitsubishi Corp. Members of the group will gain knowledge in development, construction, operation and maintenance of Commonwealth’s reactor, Mitsubishi said in a statement on Tuesday.

Starting a reactor in Japan in “late 2030s, early 2040s would be a great scenario,” Mumgaard said, adding he has further plans to meet officials to exchange information about the global fusion market and updates about his company.