Commonwealth Fusion Systems spun out of MIT in 2018. The company is based in Massachusetts, has 165 employees and made headlines in November-2021 as it raised $1.8bn in Series B funding, which we think is the largest capital raise of any private fusion company to-date.
CFS aims to be the “fastest and lowest cost path to commercial fusion energy” by creating a commercial nuclear fusion reactor, the SPARC tokamak, which could be around 98% smaller than ITER. A single test magnet using 267km of its HTS tape sustained 20 Tesla magnetic fields in 2021.
Our patent review found CFS to have a high-quality patent library, of specific, intelligible, practical and commercially-minded innovations to densify the magnets that would confine plasma in a Tokamak. Specific details, and minor hesitations are in the data-file.