Fusion startups are giving the government shares in exchange for awards. Is it worth it?

The U.S. government has long had an on-again, off-again relationship with the fusion power sector. As of last week, it’s definitely back on.

Helion and Commonwealth Fusion Systems (CFS) received awards totaling $260 million from the Department of Commerce under the CHIPS and Science Act, the 2022 law that funds domestic semiconductor development, to develop advanced semiconductors used to help power and control their reactors. Helion landed $175 million, while CFS reeled in $85 million.