
Helion hits 150 million °C and runs first private tritium test as it accelerates toward commercial fusion
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OpenStar Technologies Demonstrates Magnet Suspension in Million‑Degree Plasma
OpenStar Technologies says it levitated a 0.5-tonne magnet inside a 5 m vacuum chamber while the internal gas exceeded one million °C — a systems-integration milestone that attracted national attention. The result is an engineering validation that complements a broader uptick in private-sector fusion experiments, but it stops short of any claim of net energy or sustained confinement.
Helion Negotiates Power Supply Agreement with OpenAI
Helion is negotiating a long-term fusion power supply with OpenAI that would secure an option on 12.5% of Helion’s output, implying roughly 5 GW by 2030 and 50 GW by 2035. The talks are backed by recent Polaris prototype milestones (roughly 150 million °C and an initial tritium–deuterium campaign) and sit amid a broader industry funding wave and shared-testbed investments that may ease some manufacturing and tritium-handling bottlenecks — but reviewers call the physics and industrialization path still preliminary.
Interlune secures $5M SAFE to accelerate lunar helium-3 prospecting and tech milestones
Seattle startup Interlune has launched a $5 million SAFE funding round, already selling $500,000, to push forward technology and mission preparations for extracting helium-3 from the Moon. The capital boost accompanies partnerships with defense and quantum-industry actors and a planned multispectral prospecting mission this summer.

Inertia Enterprises secures $450M to mass-produce high-repetition fusion lasers
Inertia Enterprises raised $450 million to industrialize a high-repetition, lower-per-shot laser architecture intended to underpin a grid-scale inertial-confinement fusion plant, targeting a 2030 construction start. The raise lands amid a broader flurry of fusion financings — including smaller rounds for compact-device developers and state-backed shared test infrastructure — highlighting diverse technical pathways and growing supply-chain support across the sector.

Avalanche Energy secures $29M to scale compact fusion efforts in the U.S.
Seattle-based Avalanche Energy raised $29 million to accelerate development of small-scale fusion devices and to support a shared commercial testing hub in Washington state. The capital will fund equipment purchases, contribute to a public-private FusionWERX facility, and push the company toward higher-performance plasma milestones such as achieving net positive energy from its devices.
Eagle Energy Metals clears SEC hurdle as U.S. nuclear spending and uranium capacity commitments accelerate
The SEC declared Eagle Energy Metals’ registration statement effective, advancing its planned Nasdaq listing and a Feb. 23, 2026 shareholder vote as U.S. policy and large corporate commitments tighten the uranium and HALEU supply narrative. Broader market signals — uranium futures above $100/lb and sharp producer rallies — plus analyst interest in processors and mill permitting underscore both opportunity and heightened execution expectations for miners and midstream players.

Utility Global Secures $100M First-Close to Scale H2Gen Commercial Rollout
Utility Global closed the initial tranche of a Series D for $100 million to fund global roll-out of its proprietary H2Gen electrochemical systems. The capital will expand manufacturing, strengthen project delivery, and accelerate commercial deployments across the Americas, Europe, and Asia with institutional backers Ara Partners and APG backing the round.
TMTG explores Truth Social spin‑off alongside fusion tie‑up with TAE
TMTG is negotiating a spin‑off of its social platform as part of a transaction involving TAE Technologies and a SPAC, with the wider deal linked to a fusion energy strategy. Market reaction was negative in the short term; the structural consequence is a potential public vehicle pairing media assets and utility‑scale fusion ambitions.