Fusion companies raised a record $4.5 billion over the past year, a 69 percent jump from 2025, according to a new report.
The global survey from the Fusion Industry Association, the leading trade group, underscores the market enthusiasm for the technology to produce electricity even though it has not been demonstrated at commercial scale. With support from the Trump administration and technology leaders like Amazon founder Jeff Bezos and OpenAI CEO Sam Altman, total industry investments have skyrocketed 650 percent since 2021 to $14.2 billion.
“The existence of siting agreements and power purchase agreements shows that commercial fusion energy is on the horizon,” said Fusion Industry Association CEO Andrew Holland.
The association surveyed 56 fusion companies — more than double the number it surveyed when it launched the report in 2021. The industry now supports a workforce of more than 16,000 employees, according to the report.
