Oct 31, 2023

Oct 31, 2023

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Bob Mumgaard

Bob Mumgaard

Bob Mumgaard

Bob Mumgaard

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Commonwealth Fusion Systems

Commonwealth Fusion Systems

Commonwealth Fusion Systems

Commonwealth Fusion Systems

Commonwealth Fusion Systems is using revolutionary high temperature superconducting magnets developed in collaboration with MIT to build smaller and lower-cost tokamak fusion systems.

Commonwealth Fusion Systems is using revolutionary high temperature superconducting magnets developed in collaboration with MIT to build smaller and lower-cost tokamak fusion systems.

Commonwealth Fusion Systems is using revolutionary high temperature superconducting magnets developed in collaboration with MIT to build smaller and lower-cost tokamak fusion systems.

Commonwealth Fusion Systems is using revolutionary high temperature superconducting magnets developed in collaboration with MIT to build smaller and lower-cost tokamak fusion systems.

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Fusion could be a nearly waste-free, carbon-free, and all-geography answer to creating enough dispatchable power to get us through the energy transition. To achieve this, all components of a fusion power plant need to be built so that when fusion energy becomes a reality, we have the industry, infrastructure, and processes in place to distribute the power, and it has to be cost competitive. This is exactly what Bob Mumgaard, Co-Founder and CEO of Commonwealth Fusion Systems (CFS), is building. Today, CFS has more than 600 employees, has raised $2B, and is executing on their plan to make the “holy grail” of fusion energy possible.

Bob Mumgaard is the CEO of Commonwealth Fusion Systems (CFS) which is paving the way for a future of clean unlimited fusion energy. Since co-founding CFS in 2018, Bob has grown the company to more than 600 employees and raised more than $2B from some of the world’s leading investors. He holds a PhD in Applied Plasma Physics and a MS in Nuclear Engineering from MIT, and a BS in Mechanical Engineering and BS in Engineering Physics from the University of Nebraska.

“It's way harder than you think it's going to be. But the opportunities are way bigger than you think.”

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