Type One Energy
Fusion Machine Developer
Founding Year
2019
Location
Oak Ridge, Tennessee, USA
Company Founders
Randall Volberg
David Anderson
John Canik
Chris Hegna
Paul Harris
Leadership
Chris Mowry, CEO
Chris Hegna, VP - Stellarator Optimization
Thomas Sunn Pedersen, CTO
John Canik, Chief Scientific Officer
David Anderson, VP - Systems Engineering
Description
Type One Energy is pursuing a stellarator based on non-planar high temperature superconductor (HTS) magnets. They plan to build Infinity One, a small scale stellarator which is intended as an intermediate device before the development of an electricity generating pilot plant.
Job Listings
| Job title | Location |
|---|---|
Receptionist / Facilities Coordinator  | Madison, Wisconsin, United States | Boston, Massachusetts, United States | Vancouver, Canada |
| Vice President of Finance (VP) | Madison, Wisconsin, United States | Boston, Massachusetts, United States | Vancouver, Canada |
| Senior Power Plant Design Engineer | Madison, Wisconsin, United States | Boston, Massachusetts, United States | Vancouver, Canada |
| Patent Agent | Madison, Wisconsin, United States | Boston, Massachusetts, United States | Vancouver, Canada |
| Procurement Supply Chain Manager | Madison, Wisconsin, United States | Boston, Massachusetts, United States | Vancouver, Canada |
| Supply Chain Planner | Madison, Wisconsin, United States | Boston, Massachusetts, United States | Vancouver, Canada |
| Director of Business Development-North America | Madison, Wisconsin, United States | Boston, Massachusetts, United States | Vancouver, Canada |
| Engineering Resource Manager | Madison, Wisconsin, United States | Boston, Massachusetts, United States | Vancouver, Canada |
| CAD Designer/Drafter | Madison, Wisconsin, United States | Boston, Massachusetts, United States | Vancouver, Canada |
Funding received (investment)
| Date | Amount | Funder(s) | Description |
|---|---|---|---|
| July 30, 2024 | $53,500,000 | Seed Extension | |
| March 16, 2023 | $29,000,000 | Seed II | |
| December 15, 2022 | $5,000,000 | Seed I |
Funding received (nondilutive)
| Date | Amount | Funder(s) | Description |
|---|---|---|---|
| August 08, 2024 | INFUSE: High Temperature Superconducting Cable Testing and Optimization | ||
| May 31, 2023 | Milestone-Based Fusion Development Program | ||
| January 17, 2023 | $250,000 | INFUSE: High-temperature superconducting CORC® conductors for stellarator magnet applications | |
| November 25, 2020 | $500,000 | INFUSE: Characterization and Qualification of JK2LB Alloy for Additive Manufacturing of Fusion Components | |
| April 06, 2020 | $2,472,145 | BETHE: Non-Planar Capability HTS Magnet Coil with Additive-Manufactured Components |