General Atomics Receives $20 Million Tax Credit to Advance Fusion Energy Development

General Atomics Receives $20 Million Tax Credit to Advance Fusion Energy Development

California Competes award strengthens San Diego’s role as a fusion energy hub

General Atomics (GA) announced today it has been awarded a $20 million California Competes Tax Credit from the state of California through the Governor’s Office of Business and Economic Development (GO-Biz). The award will support the company’s proposal to design and develop a Blanket Component Test Facility (BCTF) in San Diego.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260622185374/en/ Conceptual design of a potential Blanket Component Test Facility in San Diego, utilizing General Atomics existing Magnetic Technology Center Facility. (Credit: General Atomics)

The proposed state-of-the-art facility would be dedicated to testing full-scale fusion blanket components, an essential system that lines the inside of a fusion vessel, captures energy and produces tritium, a fuel needed to sustain fusion reactions. The work would address a major scientific and engineering challenge on the path to the world’s first commercial fusion power plant.