Xcimer Energy Corporation’s Post

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

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

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 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

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

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!

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!

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!