US Department of Energy Secretary Chris Wright tours the world's largest privately owned laser system at Denver-based Xcimer Energy.
DENVER, October 06, 2026--( BUSINESS WIRE)--Leading laser fusion company Xcimer Energy announced today it's finalized an agreement for up to $30.5 million in additional federal funding through the U.S. Department of Energy's Milestone-Based Fusion Development Program.
The new DOE award for the program's second budget period brings the total DOE funding for potential Milestone payments to Xcimer to $39.5M.
The new DOE award for the program's second budget period brings the total DOE funding for potential Milestone payments to Xcimer to $39.5M. The most recent awards advance Xcimer into the second budget period of the federally supported fusion energy development program.