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Fusion startup Helion in line for $175 million CHIPS award

Original: Fusion startup Helion lines up potential $175M CHIPS award to develop advanced semiconductors

Helion, a Washington State fusion energy startup, is lined up for a potential $175 million award under the US CHIPS Act to develop advanced semiconductor technology. The funding would mark an unusual extension of the federal chip manufacturing program into fusion-adjacent tech, and is drawing attention as CHIPS awards continue to be finalized ahead of the change in administration.

Why now: The US government is finalizing CHIPS Act awards, and a fusion startup receiving semiconductor funding is an unexpected twist

HelionCHIPS ActUS Department of CommerceGeekWire

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