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Commonwealth Fusion Systems to receive $85M CHIPS Act award for fusion chips

CFS says the Department of Commerce award will fund silicon carbide power electronics, RF generators, radiation-hardened controls and AI hardware adaptation.

Integrated circuit on a printed circuit board
Context photograph · Bermix Studio / Unsplash
THE BUSINESS CASE

The story in focus

Commonwealth Fusion Systems announced it will receive $85 million from the U.S. Department of Commerce under a CHIPS Act award, TechCrunch reported. The award also grants the government a stake in CFS. The company said the funds will support five initiatives, including radiation-hardened reactor control electronics and adapting AI hardware such as GPUs and TPUs for power plants.

  • TechCrunch reported CFS announced the $85 million award, attributed to the U.S. Department of Commerce under the CHIPS Act.
  • The award also grants the U.S. government a stake in CFS, according to the report.
  • CFS said the money will support five initiatives, including silicon carbide power electronics and next-generation radio-frequency power generators.
  • Co-founder and chief science officer Brandon Sorbom said the work is intended to improve U.S. chip and power electronics industries while advancing fusion.

Company framing

Sorbom wrote in a blog post that the funding would help improve the U.S. chip and power electronics industries while accelerating fusion energy's progress toward the electrical grid, TechCrunch reported. He said the result would be a more capable, economical power plant and a stronger U.S. supply chain to build it.

Context and timing

CFS is among fusion startups racing to complete first demonstration devices, with the company aiming to turn on its Sparc reactor sometime next year, according to TechCrunch. The report noted that building one reactor is only a proof point, and that commercial-scale deployment would require more durable power electronics and a robust supply chain.

The award was announced on Thursday and reported by TechCrunch on October 23, 2026. The report describes the award and the planned use of funds; it does not state that any of the five initiatives has been completed.

What will CFS do with the $85 million CHIPS Act award?

CFS said the funds will support five initiatives: silicon carbide power electronics, next-generation radio-frequency power generators, radiation-hardened reactor control electronics, and adapting AI hardware such as GPUs and TPUs for power plants.

Sources & further reading

Source report: 23 Oct 2026. Event and publication dates may differ.

  1. Commonwealth Fusion Systems gets $85M to build better fusion-ready semiconductors ↗TechCrunch

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