Helion and CFS Trade Equity for $260 Million in Federal Awards
Commerce awarded Helion $175M and CFS $85M under CHIPS — in exchange for non-voting equity. Helion's stake works out to about 1% of its $15.5B valuation.
Topic
Chips Act
Topic
Chips Act
Commonwealth Fusion Systems Lands $85M CHIPS Award for Fusion Semiconductors
CFS gets $85M from the Commerce Department to build fusion-ready semiconductors, from silicon carbide power electronics to radiat…
Helion Lands $175 Million Federal Award to Build Fusion-Grade Semiconductors
Helion secured $175 million from the Commerce Department to build U.S.-made fusion semiconductors, plus $50 million in private fu…
TSMC Reportedly Eyes Second U.S. Site for Chip-Making Hub
TSMC, the Taiwanese chipmaker that supplies Nvidia, is reportedly scouting a second U.S. site for a chip-making hub, extending it…