2 Madison-area companies get federal money to help curb climate change through fusion energy

Two Madison-area companies were among eight U.S. businesses awarded a total of $46 million on Wednesday to try to curb the world’s climate crisis through nuclear fusion.

Realta Fusion, a fusion energy startup founded in the fall of 2022, received $12 million from the federal government and other organizations to design a magnetic bottle device that could help reduce the reliance industries that make common materials like plastic have on fossil fuels, Realta said.

That company was spun out of a two-year project at UW-Madison led by physics professor Cary Forest, who is Realta’s co-founder and chief scientific officer. The money for that project — $10 million — came from the U.S. Department of Energy’s Advanced Research Project’s Agency-Energy, or ARPA-E program.

Read the full article at: https://madison.com/news/local/environment/2-madison-area-companies-get-federal-money-to-help-curb-climate-change-through-fusion-energy/article_1cf0862c-ffd8-11ed-aef2-77699459e256.html#tncms-source=login