What a week it was for Xcimer! On the heels of our $100 million Series A raise, we have more exciting news to share - last week we signed our award agreement with the Department of Energy (DOE) in the Milestone-Based Fusion Development Program. We’re one of just eight companies selected by DOE to receive funding for meeting milestones in the first 18 months of a five-year program for private-sector-led teams to develop comprehensive designs for a fusion pilot plant. Our CEO, Conner Galloway and VP of Chamber and Plant Design, Susana Reyes were on-site at the White House to mark this momentous event. We’re now on the cusp of harnessing the potential of fusion energy to bring this power source to the world. To get there, forging public-private partnerships will be instrumental. We can’t wait to roll up our sleeves and get to work. Read more about the program here: https://lnkd.in/ewrVyjdZ #fusionenergy
Xcimer Energy Corporation
Renewable Energy Semiconductor Manufacturing
Denver, CO 2,153 followers
Powering a better world with inertial fusion
About us
Xcimer Energy believes that abundant energy creates a world where anything is possible. From climate change, to national security, to energy justice, fusion will give us the tools we need to address global challenges and lead to a cleaner, safer, more prosperous world for all humanity. Xcimer Energy is developing a system based on laser inertial confinement fusion, which is the only fusion approach that has achieved scientific breakeven. The Xcimer team will leverage this achievement and the significant progress made by the laser fusion community to advance IFE. Xcimer’s mission is to create a better and more equitable world through economically attractive, abundant, and carbon-free fusion energy enabled by a dramatic reduction in laser cost, enabling game-changing simplifications to the design of a laser fusion power plant. Xcimer has assembled a team of experts from U.S. national laboratories, academic institutions, and private industry to work together toward this mission. Abundant and inexpensive fusion power will transform how the world thinks about energy. The scientific, engineering, and manufacturing Xcimer’s plant design enables can spark a broad expansion of the U.S. industrial and workforce base, especially in high-value technologies like electrical power, optics, and precision manufacturing, and present a once-in-a-generation opportunity to ensure the benefits of this expansion flow equitably and inclusively to the entire nation.
- Website
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http://xcimer.energy
External link for Xcimer Energy Corporation
- Industry
- Renewable Energy Semiconductor Manufacturing
- Company size
- 11-50 employees
- Headquarters
- Denver, CO
- Type
- Privately Held
- Founded
- 2021
Locations
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Primary
Get directions
10325 E 47th Avenue
Denver, CO 80238, US
Employees at Xcimer Energy Corporation
Updates
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We enjoyed diving deep with Tim De Chant from TechCrunch into the science behind our approach to unlocking commercial fusion energy. https://lnkd.in/gUYpUex7 #climatetech #fusionenergy #cleanenergy #fusion
Exclusive: ‘Star Wars’ lasers and waterfalls of molten salt: How Xcimer plans to make fusion power happen | TechCrunch
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Today is a huge day for Xcimer! We just announced that we’ve raised $100 million in a Series A round to fund our mission to bring inertial fusion to the energy grid - so the world gains a clean, safe, and abundant power source. We couldn’t ask for a better team of investors. The oversubscribed round was led by Hedosophia, with participation from investors including: Breakthrough Energy Lowercarbon Capital Prelude Ventures Emerson Collective Gigascale Capital Starlight Ventures Learn about our technology and how we’ll use these funds in our press release and our new website. https://lnkd.in/gAi93qpj #climatetech #fusionenergy #cleanenergy #fusion
Xcimer Raises $100 Million to Put Inertial Fusion Energy on Path to Commercialization - Xcimer Energy
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Xcimer Energy Corporation reposted this
Welcome New Member, XCIMER! To learn more about this incredible organization, scan the below QR code, or, head over to https://lnkd.in/g4CTkjqX!
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Xcimer will be on-site at #NSBE to grow our team of multidisciplinary engineers advancing the future of commercial fusion. If you share our vision for a more prosperous, just, and innovative world, visit our booth #15 to meet with our Head of Talent, Dan Bauer and Principal Control System Engineer, Peter Eyabi, Ph.D. to learn more about our culture, approach, and talent needs. #NSBE50 #fusion #talent
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Xcimer Energy is excited to be part of the Inertial Fusion Energy Hubs recently announced by the U.S. Department of Energy (DOE). The DOE announced today $42 million for a program that will establish multi-institutional and multi-disciplinary hubs to advance IFE forward. Xcimer is the only private company that is a part of all three hubs funded by the program: RISE led by Colorado State University, STARFIRE led by Lawrence Livermore National Laboratory, and IFE-COLoR led by the Laboratory for Laser Energetics at the University of Rochester. “We are tremendously excited to be working with these distinguished institutions to advance the development of inertial fusion technologies and start the next generation of publicly funded IFE research in the United States,” stated Conner Galloway, CEO and co-founder of Xcimer. “This work funded by DOE FES will accelerate public-private partnerships and lay the groundwork for the future of IFE.” https://lnkd.in/gWQGtfeH #xcimer #fusionenergy
Xcimer Energy Announces Participation in Three Fusion Energy Hubs Awarded Funding by the U.S. Department of Energy
businesswire.com
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Welcome to the team Robert F. Earley, P.E.! Robert joined us this week after 20+ years at University of Rochester's Laboratory for Laser Energetics (LLE). He will be our Lead Chamber Mechanical Design Engineer helping us deliver inexhaustible, carbon-free, and commercially viable inertial fusion energy!
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Welcome to the team Sam Cangelose! We are excited to have you onboard working towards our goal of creating commercial fusion energy. Sam will be joining us as a Technical Project Manager. If you want to join the Xcimer team and work with amazing people like Sam please visit our career page!
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Welcome to the team Jacob Milberger! Jacob is the newest team member to join Xcimer and will be focused on custom optical design for our high energy laser system. If you are interested in joining Xcimer please visit our career page!
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Xcimer Energy Corporation reposted this
We're looking forward to participating in the Canadian Workshop on Fusion Energy Science and Technology #CWFEST 2023 next week. FIA CEO Andrew Holland will give a keynote on the status of the global fusion industry, and FIA members Thea Energy, Commonwealth Fusion Systems, Xcimer Energy Corporation, TAE Technologies, Inc, First Light Fusion, Helion, Avalanche Energy, Marvel Fusion, and General Fusion will give presentations. We're also looking forward to hearing from representatives from Lawrence Livermore National Laboratory, Fusion Energy Council of Canada, and Canadian Nuclear Society. Thanks to Fusion Energy Council of Canada and Canadian Nuclear Society for hosting. More information is available here: https://lnkd.in/dQynMqWR
Canadian Workshop on Fusion Energy Science and Technology (CWFEST) 2023
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