Realta Fusion has spent the last two years looking for somewhere to build its research and development facility. In the end, it chose the old Oscar Mayer factory in Madison, Wisconsin.
“From sausages to fusion,” Kieran Furlong, co-founder and CEO of Realta Fusion, told TechCrunch with a chuckle. The new center, called Forge, will create its first plasma in 2029, he said. Realta recently showed that it could convert energy from fusion reactions directly into electricity, potentially easing the path to a commercial power plant.
The Oscar Mayer site’s ample power was attractive, as was its proximity to Realta’s existing headquarters in Madison. But what ultimately pushed the startup to stay was bipartisan support from the state’s government, including the governor and the legislature.
“Wisconsin really decided they want to throw their weight behind fusion,” Furlong said.
For the state, the timing could be fortuitous. Fusion power has been on an upswing as demand for electricity surges on the back of economy-wide electrification and proliferating AI data centers. This year alone, fusion power startups have raised over $1.5 billion.
