Helion Energy

American fusion research company

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2024 Helion projects achieving fusion breakeven, with their prototype now having a 10 tesla magnetic field.
2024 Projected completion of Project Polaris, Helion Energy's seventh prototype, which is designed to be 25% larger than the previous Trenta model and capable of generating plasma pulses at a dramatically increased rate of one pulse per second for short periods.
2023 Became a finalist for the GeekWire Best Workplaces of the Year.
May 10 2023 Announced Microsoft as their first customer, with a commitment to provide fusion power to Microsoft starting in 2028.
2022 Initiated design of Ursa Major (8th prototype), expected to be twice the size of Polaris.
2022 Initiated design of the 8th prototype.
2022 Selected as one of five finalists for the GeekWire Awards in the fusion energy startup innovation category.
2021 Helion Energy was valued at three billion dollars, with total investment reaching $77.8 million by late 2021.
2021 Helion Energy began development of its seventh-generation prototype, Project Polaris, aiming to significantly improve fusion plasma technology with increased pulse rates and higher temperature capabilities.
2021 Helion Energy announced its sixth prototype, 'Trenta', completed a 16-month test cycle with over 10,000 pulses, reaching 100 million degrees Celsius - the minimum temperature for a potential commercial nuclear fusion generator. The prototype demonstrated significant achievements including magnetic compression fields exceeding 10 Tesla, ion temperatures over 8 keV, and electron temperatures over 1 keV.
November 2021 Helion Energy received $500 million in Series E funding, with an additional $1.7 billion in milestone-based commitments, primarily led by Sam Altman, CEO of OpenAI and executive chairman of Helion.
2020 Helion became the first private company to successfully demonstrate thermonuclear fusion plasmas exceeding 9 keV, achieving expected deuterium-deuterium fusion reactions and neutrons, with a triple product greater than 1 × 10^20 keV·s/m3, meeting the Lawson criterion.
April 2019 Helion Energy was criticized by retired Princeton Plasma Physics Laboratory researcher Daniel Jassby in the American Physical Society newsletter Physics & Society, who accused the company of practicing 'voodoo fusion'.
2018 Helion's sub-scale prototype VENTI, developed for the ALPHA program, achieved significant plasma results including ion density of 8 × 10^22 ions/m3, energy confinement time of 4 × 10^-5 seconds, and a temperature of 2 keV.
October 2018 Helion Energy presented a detailed report on D–D fusion experiments producing neutrons at the U.S. Department of Energy's ARPA-E annual ALPHA program meeting. The company's 5th prototype 'Venti' demonstrated magnetic fields of 7T and achieved plasmas with multi-keV temperatures and a triple product of 6.4 × 10^18 keV·s/m3.
2015 Helion Energy demonstrated the first direct magnetic energy recovery from a subscale pulsed magnetic system. Using modern high-voltage insulated gate bipolar transistors, they recovered energy at over 95% round-trip efficiency for over 1 million pulses. In a smaller system, the team also demonstrated the formation of more than 1 billion FRCs.
2015 Awarded an ARPA-E ALPHA contract for 'Staged Magnetic Compression of FRC Targets to Fusion Conditions'.
2014 Helion Energy developed Grande, their 4th fusion prototype, designed to test high field operation. The prototype achieved magnetic field compression of 4 tesla, formed cm-scale Field-Reversed Configurations (FRCs), and reached plasma temperatures of 5 keV, outperforming other private fusion companies.
2014 Won awards at the ARPA-E Future Energy Startup competition and became members of the Y Combinator program.
August 2014 Helion Energy received $1.5 million in seed funding from Y Combinator and Mithril Capital Management, supplementing earlier funding from NASA, the US Department of Energy, and the Department of Defense.
2013 Founded by David Kirtley, John Slough, Chris Pihl, and George Votroubek. The founding team won the National Cleantech Open Energy Generation competition.
2012 Conclusion of the Inductive Plasmoid Accelerator (IPA) experiments, which claimed achievements including 300 km/s velocities, deuterium neutron production, and 2 keV deuterium ion temperatures.
2011 Helion team publishes peer-reviewed research demonstrating deuterium-deuterium (D-D) neutron production, a significant milestone in their fusion research.

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