Princeton Fusion SystemsExternal Link Icon V2

Funding Information

DateAmountTypeFundersDescription
September 01, 2020
$1,100,000GrantGAMOW
January 18, 2019
$1,250,000Cooperative AgreementOPEN
Total:$2,350,000

Description

Princeton Fusion Systems was spun out of its parent company, Princeton Satellite Systems in 2017. Princeton Fusion Systems is headquartered in Princeton, New Jersey. The founders of the company are Michael Paluszek and Stephanie Thomas.

Princeton Fusion Systems’ approach is a Field-Reverse Configuration (FRC) design. This approach has its foundation in over 15 years of research and experience at the Princeton Plasma Physics Laboratory (PPPL).

Princeton Fusion Systems has received funding from the Department of Energy’s ARPA-E program.

Projects

Patents

Key Individuals

Michael Paluszek, Co-Founder

Stephanie Thomas, Co-Founder

Formation Date

2017

Location

Princeton New Jersey USA