Backed by $12 million from a well-known Silicon Valley venture firm and the U.S. Department of Energy, a new Madison company is developing fusion energy technology for industrial heat and power.
Realta Fusion Inc. was spun out of research conducted at the University of Wisconsin-Madison. It’s working to commercialize fusion energy as a clean power source to help achieve global net-zero greenhouse gas emission targets.
“The endgame here is, ‘Can we get to large-scale energy production?'” Realta Fusion CEO Kieran Furlong said. “We’re looking at the need to decarbonize our heavy industry as a path that we see for early adopters.”