Reuters
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- Last published Sep 23
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Hubble Network raises $200M Series C at $1.6B valuation, opens satellite Bluetooth constellation to general availability
Hubble Network raised $200 million in a Series C at a $1.6 billion valuation and opened its satellite Bluetooth constellation to general availability, planning to expand from six to 60 satellites by 2030.
Helion Becomes First U.S. Fusion Energy Firm to Secure All Regulatory Licenses for Reactor in Washington
Helion Energy has become the first U.S. fusion energy company to obtain all required regulatory licenses, enabling it to construct a fusion reactor in Washington state and supply power to Microsoft by 2028. The company emphasizes the environmental benefits of fusion energy and progresses toward commercial power generation despite some skepticism about fusion timelines.
Helion Energy raises $425 million led by SoftBank Vision Fund 2, values company at $5.4 billion
Helion Energy raised $425 million from investors including SoftBank’s Vision Fund 2, valuing the fusion startup at $5.4 billion and accelerating work on its next-generation reactor with a goal of supplying Microsoft with power in 2028.