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Renewable energy jobs at Commonwealth Fusion Systems

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Cambridge, MA 1,001–5,000 employees Hydrogen · Hydropower · Smart grid cfs.energy
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Commonwealth Fusion Systems
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67 jobs · 1 filter active · updated 2 days ago
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About Commonwealth Fusion Systems

Company Overview

Name

Commonwealth Fusion Systems (CFS)

Headquarters

Cambridge, MA, United States

Founded

2018

Size

Approximately 430 employees (source: zoominfo.com). Revenue figures vary, with reports indicating $211.3 million or $31.7 million, though as a pre-revenue fusion developer focused on R&D, these may reflect funding or operations rather than sales.

What They Do

Commonwealth Fusion Systems (CFS) is a pioneering private fusion energy company that specializes in tokamak-based magnetic confinement fusion. Founded as a spinout from MIT's Plasma Science and Fusion Center, CFS focuses on utilizing high-temperature superconducting magnets to achieve commercial net energy production (source: cfs.energy). The company has made significant strides in its technology, particularly with the development of compact fusion machines that leverage decades of tokamak science. Their flagship projects, SPARC and ARC, aim to demonstrate net energy gain and commercial viability in the coming years (source: cfs.energy).

Projects & Track Record

CFS is currently engaged in several groundbreaking projects, most notably the construction of SPARC, which is set to be the world's first net-energy fusion machine. Located at their Fusion Energy Campus in Devens, Massachusetts, SPARC aims to demonstrate net energy gain by the late 2020s (source: cfs.energy). Additionally, CFS is planning the ARC project, a 400 MW-class grid-scale tokamak power plant designed for commercial deployment in the early 2030s. These projects are underpinned by significant technological advancements, including the successful testing of the central solenoid magnet module (CSMC) in November 2024, which confirmed the manufacturability of critical components for SPARC (source: zoominfo.com).

Recent Developments

In the past two years, CFS has made remarkable progress, including the opening of its Devens Fusion Energy Campus on February 10, 2023, which was attended by notable figures such as U.S. Secretary of Energy Jennifer Granholm (source: cfs.energy). The company has also secured substantial funding, raising $863 million in August 2024, building on a previous $1.8 billion round in May 2023, bringing total funding to over $2 billion (source: wbjournal.com). Furthermore, CFS announced its first commercial power plant site in Chesterfield County, Virginia, which will be independently financed and operated, with plans for grid connection in the early 2030s (source: zoominfo.com).

Working There

CFS offers a range of roles across various disciplines, including fusion science, engineering, manufacturing, and materials science. The majority of their workforce is based at the Devens campus, which has grown to over 430 employees (source: cfs.energy). The company culture emphasizes rapid execution and transparency, attracting top talent from the fusion and manufacturing sectors. Key executives include Co-Founder and CEO Bob Mumgaard, along with other leaders in operations and science, indicating a strong demand for expertise in tough tech and physics (source: nasdaqprivatemarket.com). While specific benefits are not detailed, the scale-up and investor backing suggest competitive packages for high-caliber roles in a mission-driven environment (source: cfs.energy). Job seekers are encouraged to monitor their careers page for openings related to SPARC and ARC advancements.

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