Albuquerque, New Mexico — According to state and local development sources, Pacific Fusion plans to invest $1 Billion to build out 225,000 square feet of new space in Albuquerque. The company plans to occupy the new space in Albuquerque, on or about April 1, 2027. According to the company website Pacific Fusion was founded in 2023 with the mission to power the world with abundant, affordable, clean energy. We are rapidly designing and building a pulsed magnetic fusion system to achieve net facility gain (more fusion energy output than stored energy input). In parallel, we are developing the key components required to build affordable fusion systems. Our plans are ambitious. We have raised over $900M so far from incredible investors, resourcing us to deliver on these plans. We are bringing together the best scientists, engineers, and operators from the fusion community, hard tech industry, and other sectors. We are united by a shared sense of urgency to provide clean power for the world, particularly managing climate change while meeting growing global energy demand.

To learn more about Pacific Fusion, visit https://www.pacificfusion.com/

Company Contact:
Keith LeChien, Cofounder
310-923-5302

SOURCE: http://www.intelligence360.io
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