![[type-one-logo-300x23.png|300]] Website: [typeoneenergy.com](https://typeoneenergy.com) ### Introduction Type One Energy, founded in 2019, is a nuclear fusion technology company headquartered in Madison, Wisconsin, with additional offices in Oak Ridge, Tennessee, and Vancouver, Canada. The company was established by a team of fusion energy experts, including co-founders Christofer Mowry (CEO), who previously led [[General Fusion]], and other scientists and engineers with deep expertise in fusion research. While exact employee counts are not publicly disclosed in the most recent data, the company is known to have a growing team of physicists, engineers, and industry specialists focused on advancing fusion energy solutions. Type One Energy's mission is to deliver affordable, safe, and sustainable fusion energy to address global energy demands and combat climate change by harnessing the power of stellarator-based fusion technology. Type One Energy remains a private company, with no public ticker symbol or stock market listing as of the latest available information in 2025. The company has positioned itself as a leader in the race to commercialize fusion energy, emphasizing scalable and practical designs that can integrate into existing energy infrastructure. Their work focuses on overcoming historical challenges in fusion, such as plasma stability and cost, with innovative approaches to reactor design. ### Key Products and Technology Type One Energy is developing stellarator-based fusion technology, a distinct approach from the more commonly pursued tokamak design. Below is a detailed overview of their primary technology focus: - **Name and Type**: Stellarator Fusion Reactor (specific project name undisclosed in public sources) - **Technical Specifications**: Specific power output (in MW or MWe) and efficiency metrics are not fully disclosed in available data as of 2025. Stellarators are designed to maintain plasma stability through complex magnetic field configurations, potentially allowing for continuous operation compared to the pulsed operation of tokamaks. - **Fuel Type or Energy Source**: Deuterium and tritium, common fusion fuels, are likely used, as they are standard in fusion research for producing high-energy neutrons through fusion reactions. The resulting energy would be captured as heat to drive turbines for electricity generation. - **Key Differentiators**: Type One Energy leverages stellarator technology, which offers inherent plasma stability without the need for complex current-driven systems required in tokamaks. Their approach aims to reduce operational complexity and enhance safety by minimizing risks of plasma disruptions. Additionally, they emphasize cost-effective manufacturing and scalability through advanced computational design and modular components. - **Development Stage**: The technology is in the design and pre-commercial development phase. Type One Energy is working toward a pilot plant, with plans for the world’s first stellarator-based fusion power plant in collaboration with the Tennessee Valley Authority (TVA) at the Bull Run Fossil Plant site in Tennessee, announced in 2025. - **Target Customers**: Utilities (such as TVA), government entities, and industrial sectors seeking clean, baseload power. Their focus on grid integration suggests a primary market of regional power providers and energy-intensive industries. ### Regulatory and Licensing Status As a fusion energy company, Type One Energy operates in a regulatory environment that is still evolving compared to traditional nuclear fission. Fusion technologies are generally considered safer due to the absence of long-lived radioactive waste and lower risk of meltdown, which may streamline regulatory processes compared to fission reactors. However, specific regulatory frameworks for fusion are still under development in the United States. - **NRC Application Status**: Fusion projects are not yet subject to the same Nuclear Regulatory Commission (NRC) licensing as fission reactors. In 2023, the NRC voted to regulate fusion under a framework similar to particle accelerators rather than nuclear reactors, potentially easing the path for companies like Type One Energy. As of 2025, there is no specific public information on a formal application or licensing status with the NRC for Type One Energy’s projects ([NRC.gov](https://www.nrc.gov)). - **Key Regulatory Milestones**: No specific milestones are publicly documented for Type One Energy as of the latest data. However, their collaboration with TVA suggests alignment with [[Federal|federal]] and state energy policies, and they are likely engaging with the Department of Energy (DOE) and other bodies for guidance on fusion deployment ([DOE.gov](https://www.energy.gov)). - **Estimated Timeline to First Commercial Deployment**: While exact timelines are speculative, their partnership with TVA targets initial deployment of a fusion pilot plant in the late 2020s or early 2030s, contingent on technological and regulatory progress, as noted in recent news announcements. ### Team and Leadership Type One Energy’s leadership team combines expertise in fusion science, engineering, and energy commercialization. Key figures include: - **Christofer Mowry (CEO and Co-Founder)**: A veteran in the advanced nuclear sector, Mowry previously served as CEO of [[General Fusion]], where he spearheaded efforts to commercialize fusion technology. His experience includes leadership roles at BWX Technologies and other energy firms, focusing on nuclear innovation. - **Dr. David Anderson (Chief Science Officer)**: A physicist with extensive experience in stellarator research, Anderson leads the scientific direction of Type One Energy’s fusion technology development. - **Dr. Thomas Sunn Pedersen (Chief Technology Officer)**: Pedersen brings expertise in plasma physics and stellarator design, contributing to the technical advancements of the company’s reactor concepts. (Note: X handles for leadership are not publicly verified or widely available in current data, so they are omitted.) ### Funding and Financial Position Type One Energy has secured significant funding to support its fusion research and development, reflecting investor confidence in its stellarator approach. - **Total Funding Raised and Latest Round**: As of the most recent data, Type One Energy raised $29 million in a seed round in 2023, followed by additional undisclosed funding in subsequent years. A Series A round was mentioned in posts on X from 2024, citing $32 million, though this requires confirmation from official sources. Lead investors in early rounds included [[Breakthrough Energy Ventures]] (backed by Bill Gates), Centaurus Capital, and other venture firms focused on clean energy. - **Key Institutional Investors or Strategic Backers**: [[Breakthrough Energy Ventures]] remains a prominent backer, alongside partnerships with entities like TVA, which provide strategic rather than direct financial support. - **Revenue Status**: Type One Energy is pre-revenue, as their technology is still in the development phase with no commercial operations as of 2025. Revenue generation is expected to commence only after successful pilot plant deployment and commercial contracts. ### Recent News and Developments | Date | Event | Details | |---------------|------------------------------------|---------------------------------------------------------------------------------------------------| | Sep 19, 2025 | TVA Collaboration Announcement | Type One Energy and Tennessee Valley Authority announced plans for the world’s first stellarator-based fusion power plant at Bull Run Fossil Plant site in Tennessee ([KnoxNews.com](https://www.knoxnews.com)). | | Jul 16, 2025 | Scientific Papers Published | Seven peer-reviewed papers by Type One Energy were accepted for a special issue, signaling scientific progress in fusion technology ([NewCivilEngineer.com](https://www.newcivilengineer.com)). | | Mar 28, 2025 | Fusion Progress Report | Type One Energy highlighted advancements in commercial fusion power, contributing to global clean energy goals ([Phys.org](https://phys.org)). | | Jan, 2025 | Technology Development Update | Continued focus on stellarator design optimization reported through industry updates, though specifics remain limited. | | Ongoing, 2025 | Funding and Partnerships | Ongoing discussions with investors and strategic partners to support pilot plant development, per various industry sources. | ### Partnerships and Collaborations - **Tennessee Valley Authority (TVA)**: A landmark partnership announced in September 2025 to develop the world’s first stellarator-based fusion power plant at the Bull Run Fossil Plant site. This collaboration provides strategic value by aligning Type One Energy with a major U.S. utility, offering access to infrastructure, grid integration expertise, and potential future offtake agreements. - **Department of Energy (DOE) and Research Institutions**: While not explicitly detailed in 2025 data, Type One Energy likely collaborates with DOE-funded labs (e.g., Oak Ridge National Laboratory, near their Tennessee office) for research and testing, a common practice in the fusion sector ([DOE.gov](https://www.energy.gov)). - **Breakthrough Energy Ventures**: As a key investor, this partnership provides not only capital but also strategic guidance and networking opportunities within the clean energy ecosystem. ### New Hampshire Relevance Type One Energy’s technology and strategic focus present potential relevance for [[New Hampshire]], though no direct connections or expressed interest in the state are documented as of 2025. - **Proximity to Existing Infrastructure**: New Hampshire hosts [[Seabrook Station]], a nuclear fission plant, and is part of the ISO New England (ISO-NE) grid. Type One Energy’s fusion technology could theoretically integrate into this grid for baseload power, leveraging existing transmission infrastructure. Seabrook’s presence suggests a local workforce and regulatory familiarity with nuclear energy, which could ease future fusion deployment. - **Technology Readiness for NH Deployment Timeline**: Given their current development stage (pre-commercial, pilot plant targeted for late 2020s), deployment in NH would likely be a decade or more away, beyond immediate state energy planning horizons. - **Alignment with NH Legislative Initiatives**: New Hampshire’s HB 710 and other policies supporting advanced nuclear technologies (including SMRs) could be extended to fusion if regulatory frameworks evolve. Fusion’s clean, safe profile aligns with NH’s carbon reduction goals. - **Potential Applications**: Fusion power could serve NH’s grid needs, support growing data center loads in the Northeast, or provide industrial heat for manufacturing sectors. Its baseload capability would complement intermittent renewables like wind and solar. - **NH Connections**: No specific ties to NH or the Northeast are evident in current data. However, their collaboration with TVA suggests openness to working with regional utilities, which could include ISO-NE members in the future. ### Competitive Position Type One Energy operates in a competitive fusion energy landscape, with several companies pursuing diverse technological approaches. Compared to competitors like [[Commonwealth Fusion Systems]] ([[Commonwealth Fusion Systems|CFS]]), which focuses on tokamak designs with high-temperature superconductors, Type One Energy’s stellarator approach offers inherent plasma stability but faces challenges in design complexity and manufacturing costs. [[Helion]] Energy, another competitor, targets a different fusion method (field-reversed configuration) with a goal of faster commercialization, potentially outpacing Type One Energy’s timeline. Meanwhile, [[TAE Technologies]], recently merged with Trump Media in a $6 billion deal in 2025, brings significant funding and visibility to the fusion sector, posing a competitive threat due to its scale and partnerships with Google and Chevron. Type One Energy’s unique advantage lies in its stellarator focus, which may provide long-term operational benefits, but its pre-commercial status and reliance on pilot success present risks compared to more funded or advanced peers. ### Closing Note Type One Energy is at a promising yet early stage, with a clear trajectory toward pilot deployment in the late 2020s and a positive outlook contingent on technological and regulatory success. (Note: Despite a thorough search on [typeoneenergy.com](https://typeoneenergy.com) and related sources, no official RSS feed for press releases or news was identified as of the latest data in 2025.) *Report generated December 24, 2025*