Type One Energy
We partner with energy producers worldwide to rapidly commercialize and scale stellarator fusion technology.
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Company intel
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- Renewable Energy Power Generation
- Company size
- 233 people
- Headquarters
- Knoxville, Tennessee +3 more
- Founded
- 2019
- Type
- Privately Held
- Total funding
- $169.5M
Type One Energy Group is mission-driven to provide sustainable, affordable fusion power to the world. The company was formed in 2019 by a team of globally-recognized fusion scientists with a strong track record of building state-of-art stellarator fusion machines, together with veteran business leaders experienced in successfully scaling companies and commercializing energy technologies. Type One Energy applies proven advanced manufacturing methods, modern computational physics and high-field superconducting magnets to develop its optimized stellarator fusion energy system. Its FusionDirect development program pursues the lowest-risk, shortest-schedule path to a fusion power plant over the coming decade, using a partner-intensive and capital-efficient strategy.