US Commerce Department to Invest $175 Million in Helion Energy

• The US Commerce Department will take a $175 million equity stake in Helion Energy, a nuclear fusion startup.
• Helion Energy is backed by investors with ties to former President Trump.
• Helion Energy has secured an additional $225 million to speed up the development of its first fusion power plant.
• The fusion power plant is expected to provide electricity to Microsoft by 2028.
• Helion Energy is developing new semiconductors that could double the output of its power plants.