Helion Secures Land and Begins Building on the Site of World's First Fusion Power Plant
In 2023, Helion announced the world's first power purchase agreement (PPA) that will provide energy from the plant to Microsoft by 2028, with Constellation Energy serving as power marketer. With site work now underway, Helion remains on track to meet that goal.
'Today is an important day – not just for Helion, but for the entire fusion industry – as we unleash a new era of energy independence and industrial renewal,' said David Kirtley, Helion's co-founder and CEO. 'Since we founded the company, we have been completely focused on preparing fusion technology for commercialization and getting electrons on the grid. Starting site work brings us one step closer to that vision.'
'Fusion represents an inspiring frontier in the world's pursuit of clean and abundant power,' said Melanie Nakagawa, CSO & CVP Energy, Connectivity, and Sustainability at Microsoft. 'While the path to commercial fusion is still unfolding, we're proud to support Helion's pioneering work here in Washington state as part of our broader commitment to investing in sustainable energy.'
Helion began building in Malaga, Washington, on land it is leasing from the Chelan County Public Utilities District (PUD). This followed a Mitigated Determination of Non-Significance (MDNS) through Washington's comprehensive environmental review process, SEPA. Since 2023, Helion has been actively engaging with local and state stakeholders – including government agencies, Tribal Nations and the general public – in preparation for a siting and permitting decision. Helion will continue to work through the remaining steps in the permitting process to construct and operate a commercial fusion power plant on the site.
Helion's approach of rapid iteration and testing has enabled the company to make steady progress toward a commercial fusion machine. Its 7th-generation prototype, Polaris, is expected to demonstrate the first electricity produced from fusion. With its previous prototype, Trenta, Helion was the first private company to achieve a fuel temperature of 100 million degrees Celsius, which is generally considered the required operating temperature for a commercial fusion power plant.
About Helion
Helion is a fusion energy company focused on generating zero-carbon electricity from fusion. Its mission is to build the world's first fusion power plant, enabling a future with unlimited clean electricity. To keep up with the latest progress, follow Helion on LinkedIn, Instagram, Facebook, and X.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Commanders' Terry McLaurin Drawing Trade Interest from Iconic Franchise
Commanders' Terry McLaurin Drawing Trade Interest from Iconic Franchise originally appeared on Athlon Sports. The Washington Commanders are navigating a tricky situation with star receiver Terry McLaurin after he formally requested a trade on Thursday amid his drawn-out contract negotiations. McLaurin is entering the final year of his three-year contract and is due to make $15.5 million in 2025. A six-year vet with Washington, McLaurin is seeking a raise that would pay him near top-of-market value. After yet another 1,000+ yard season (his fifth straight) and his first All-Pro selection, it's obvious that he deserves it. However, if the organization continues balking at a new high-priced contract, it's worth investigating some trade options from around the league. One rumor that has began circulating involves one of the league's most iconic franchises: the Pittsburgh Steelers. Steelers writer Chris Halicke reports that Pittsburgh reached out to Washington inquiring about a trade involving McLaurin, although the full package was not disclosed. Halicke also learned some insight on how McLaurin feels about this potential career move. "In reaching out to the Commanders, the Steelers learned that McLaurin not only wants to be paid like a true No. 1 receiver, which is expected, he wants to be a true No. 1 receiver on whatever team he plays on in 2025 and beyond," Halicke said. In this case, the Steelers won't be much of a fit. Pittsburgh landed DK Metcalf in a trade with the Seattle Seahawks and immediately committed to his future as WR1 by handing him a four-year, $132 million contract. McLaurin is also said to be seeking a higher price than that - with $35 million APY being a target number. As a whole, the Steelers have been no stranger to blockbuster moves this offseason. After acquiring Metcalf and trading former No. 1 option pass-catcher George Pickens to the Dallas Cowboys, they finally landed future Hall of Famer Aaron Rodgers to be the next starting quarterback. Defensively, the team also dealt safety Minkah Fitzpatrick for All-Pro cornerback Jalen Ramsey in a swap with the Miami Dolphins that included tight end Jonnu Smith. A move to land McLaurin would certainly be another shakeup to Mike Tomlin's squad, but initial rumblings here have likely died down after considering the logistics. Not only is McLaurin going to demand a raise wherever he goes, it appears he also wants to prominently be featured in the offense. The easiest solution to both of those wishes is for Washington to give him an extension, but as his training camp "hold in" continues, only time will tell how this relationship evolves moving forward. This story was originally reported by Athlon Sports on Aug 3, 2025, where it first appeared.
Yahoo
25 minutes ago
- Yahoo
Resecurity Named One of America's Fastest-Growing Private Companies by Inc. for the Fourth Year Running
LOS ANGELES, August 05, 2025--(BUSINESS WIRE)--Resecurity®, Inc., a leading global cybersecurity and threat intelligence company, has been named to the 2025 Inc. 5000 list of the fastest-growing private companies in America for the fourth consecutive year. This recognition by Inc. Magazine highlights Resecurity's continued growth, innovation, and impact in the cybersecurity industry. The Inc. 5000 list is a definitive ranking of the most dynamic and successful private companies in the U.S., recognizing organizations that have demonstrated strong performance amid economic uncertainty and rapid digital transformation. Resecurity's inclusion for four consecutive years reflects its unwavering commitment to delivering intelligence-driven cybersecurity solutions and helping customers navigate an increasingly complex threat landscape. "We're honored to be recognized by Inc. for four years in a row," said Gene Yoo, CEO of Resecurity. "This achievement reflects the hard work, passion, and commitment of our global team, and our mission to help organizations stay ahead of emerging cyber risks with intelligence-driven solutions. In a constantly shifting threat landscape, our continued growth is rooted in innovation, customer trust, and strong partnerships." Over the past year, Resecurity has expanded its presence across North America, Latin America, the Middle East, and Asia. The company continues to serve as a trusted partner to enterprises, government agencies, and financial institutions, offering advanced threat intelligence, digital risk monitoring, dark web investigations, and compliance support. This recognition comes on the heels of multiple milestones in 2025, including the launch of AI-powered compliance automation tools, expansion into Brazil, new university and CERT partnerships, and continued presence at leading global industry events such as RSA Conference, GISEC Global, and Black Hat. To view the complete 2025 Inc. 5000 list, visit: About Resecurity Resecurity® is a cybersecurity company that delivers a unified endpoint protection, fraud prevention, risk management, and cyber threat intelligence platform. Known for providing best-of-breed data-driven intelligence solutions, Resecurity's services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world's most innovative cybersecurity companies with the sole mission of enabling organizations to combat cyber threats regardless of how sophisticated they are. Most recently, by Inc. Magazine, Resecurity was named one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California. As a member of InfraGard National Members Alliance (INMA), AFCEA, NDIA, SIA, FS-ISAC, and the American Chamber of Commerce in Saudi Arabia (AmChamKSA), Singapore (AmChamSG), Korea (AmChamKorea), Mexico (AmChamMX), Thailand (AmChamThailand), and the UAE (AmChamDubai). To learn more about Resecurity, visit View source version on Contacts Shawn Lovelandpress@
Yahoo
25 minutes ago
- Yahoo
Trump narrows Fed chair candidates to four, excluding Treasury Secretary Bessent
WASHINGTON (AP) — President Donald Trump said Tuesday that he's whittled down his list of potential Federal Reserve chair candidates to four as he considers a successor to Jerome Powell — a choice that could reset the path of the U.S. economy. Asked on CNBC's 'Squawk Box' for a future replacement to Powell, Trump named Kevin Hassett, director of the National Economic Council, and Kevin Warsh, a former member of the Federal Reserve Board of Governors. 'I think Kevin and Kevin, both Kevins, are very good,' Trump said during an interview on CNBC's 'Squawk Box.' He said two other people were also under consideration, but Treasury Secretary Scott Bessent is not among them. 'I love Scott, but he wants to stay where he is," Trump said. He did not name his other two top candidates but used the opportunity to disparage Powell, whom he has dubbed 'too late' in cutting interest rates. The news that Trump plans to make a decision on the Fed chair 'soon' comes as the Republican president has been highly critical of current Powell, whose term ends in May 2026. Trump recently floated having the Fed's board of governors take full control of the U.S. central bank from Powell, whom he has relentlessly pressured to cut short-term interest rates in ways that raise questions about whether the Fed can remain free from White House politicking. Trump has openly mused about whether to remove Powell before his tenure as chair ends, but he's held off on dismissing the Fed chair after a recent Supreme Court ruling suggested he could only do so for cause rather than out of policy disagreements. The president has put pressure on Powell by claiming he mismanaged the Fed's $2.5 billion renovation project, but he's also said that he's 'highly unlikely' to fire Powell. One of the Fed's governors, Adriana Kugler, made a surprise announcement last Friday that she would be stepping away from her role. That created an opening for Trump, who called her departure 'a pleasant surprise,' to name a new Fed governor. Trump told CNBC it's 'a possibility' that his pick to replace Kugler could also be his choice to replace Powell. Here's what to know about the two known candidates: Kevin Hassett Hassett, director of the White House National Economic Council, has been supportive of the president's agenda — from his advocacy for income tax cuts and tariffs to his support of the recent firing of BLS Commissioner Erika McEntarfer. Hassett served in the first Trump administration as chairman of the Council of Economic Advisers. He has a doctoral degree in economics from the University of Pennsylvania and worked at the right-leaning American Enterprise Institute before joining the Trump White House in 2017. As part of Hassett's farewell announcement in 2019, Trump called him a 'true friend' who did a 'great job.' Hassett became a fellow at the Hoover Institution, which is located at Stanford University. He later returned to the administration to help deal with the pandemic. On CNBC on Monday, Hassett said 'all over the U.S. government, there have been people who have been resisting Trump everywhere they can." Kevin Warsh A former Fed governor who stepped down in 2011, Warsh is currently a fellow at the Hoover Institution. He has been supportive of cutting interest rates, a key goal of Trump's. 'The president's right to be frustrated with Jay Powell and the Federal Reserve,' Warsh said on Fox News' 'Sunday Morning Futures' last month. Warsh has been increasingly critical of Powell's Federal Reserve and in July, on CNBC, called for sweeping changes on how the Fed conducts business as well as a new Treasury-Fed accord 'like we did in 1951, after another period where we built up our nation's debt and we were stuck with a central bank that was working at cross purposes with the Treasury.' He said the Fed's 'hesitancy to cut rates, I think, is actually quite a mark against them.' 'The specter of the miss they made on inflation" after the pandemic, he said, "it has stuck with them. So one of the reasons why the president, I think, is right to be pushing the Fed publicly is we need regime change in the conduct of policy.' 'He's very highly thought of,' Trump said in June when asked directly about Warsh. ___ Associated Press writers Josh Boak and Christopher Rugaber in Washington contributed to this report. Fatima Hussein, The Associated Press
