TechCrunch Startups· Tim De Chant·2026-10-22 22:59· 2 hours agoTop DealsAI Score60

Helion wins $175M CHIPS Act award to build advanced semiconductor line for fusion plants

Fusion startup Helion is developing new semiconductors that could double output of its power plants

AI Overview

Helion received $175 million in CHIPS Act funding from the Department of Commerce to research and manufacture advanced power semiconductors for its fusion plants.

Why it matters

The CHIPS Act award and Helion's plan for a US-first high-voltage semiconductor line show how fusion economics hinge on power-electronics efficiency.

Source:TechCrunch Startups · techcrunch.com

Climate/Energy #Strategic/Debt #Climate/Energy #United States

Subscribe to the newsletters

Free, by email. No account needed. Pick one or both.

Midu WeeklyMondays · funding trends and top roundsSee a sample issue →SF WeeklyFridays · San Francisco startups, rounds and eventsSee a sample issue →

No spam. Unsubscribe anytime by emailing team@midu.si. Want alerts and full data? Sign up free (separate from the newsletter). Privacy.

Not investment advice. Midu summarizes public reports and SEC filings for information only. · Free API · Pricing