About the company
CFS is building SPARC, its fusion demonstration machine, expected to achieve net energy gain (Q > 1) by 2027. In parallel, CFS is moving forward with plans to build the world’s first grid-scale fusion power plant, called ARC, in Chesterfield County, Virginia. This effort to put power on the grid in the early 2030s is bolstered by strategic partnerships with Dominion Energy and Google — an investor in CFS that also agreed to buy half the power produced at the plant, representing the largest fusion power purchase agreement in history.
Fusion offers the potential for abundant, zero-carbon, dispatchable power without many of the geographic, intermittency, or waste allenges associated with other clean energy sources. Major recent breakthroughs in magnets, computational power, AI and machine learning,additive manufacturing, and robotics mark an inflection point. CFS has assembled a world-class team which is executing on a highly credible plan to make commercial fusion power a reality.
Planet First’s Support and Vision
Planet First Partners became an investor in CFS in June 2025 as part of its Series B2 funding round.
- Global power demand is accelerating, driven by AI data centres, population growth and continued development across the world.
- Planet First Partners’ funding and support will help CFS commercialise its fusion technology,which has the potential to transform the energy landscape with carbon-free and firm baseload power.
- Planet First Partners fully supports CFS’ approach to commercialise fusion power using established plasma physics and breakthrough high-temperature superconducting magnet technology.
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