Lisa Stiffler of GeekWire reports that Zap Energy has received $5 million from the Department of Energy.
- Launched in 2017, Zap Energy is a fusion energy startup based in the Seattle-area.
- The $5 million grant comes from the Department of Energy’s Milestone-Based Fusion Development Program, which will be divvying up $46 million to eight commercial fusion companies in the U.S.
- Zap is in talks with TransAlta, which operates Washington’s last coal plant, to determine if its fusion reactor could be placed at the site of the coal plant when it retires.
Read the full article here.