Helion wins $175M CHIPS Act award to build U.S. high-voltage pulsed semiconductor production for fusion plants
Helion, a fusion startup, announced a three-year, $175 million award from the U.S. Department of Commerce under the CHIPS Act. The money will fund R&D and manufacturing of advanced semiconductors and power electronics for its fusion power plants. Helion also disclosed a new $50 million private investment from an undisclosed investor, brin…