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Pacific Fusion is an American renewable energy company focused on developing fusion power-based sources,^[2] specifically, a pulser-based approach to inertial fusion.^[3][4]

Pacific Fusion was co-founded in 2023 by Will Regen, Keith Lechien, Eric Lander, Carrie von Muench, and Leland Ellison.^[1] Pacific Fusion’s founding chief executive officer is Eric Lander, who leads a team of scientists and technologists, many of whom previously worked under national nuclear labs, like the Lawrence Livermore National Laboratory and Sandia National Laboratories.^[3] The company is pursuing pulser-driven inertial fusion, a process that aims to achieve fusion by using electrical pulses to squeeze small containers of deuterium-tritium fuel magnetically.^[3][4]

In 2024, Pacific Fusion raised approximately $900 million in Series A funding led by General Catalyst, which included participation from Breakthrough Energy Ventures, Citadel founder Ken Griffin, Stripe co-founder Patrick Collison, venture capitalist John Doerr, and Microsoft’s head of consumer AI business, Mustafa Suleyman. The company’s funding will be provided in stages upon meeting pre-determined milestones. Patrick Collison, General Catalyst partner Hemant Taneja, and former Google chief executive officer Eric Schmidt all joined the company’s board of directors.^[2]

In September 2025, Pacific Fusion selected Mesa del Sol in Albuquerque, New Mexico, as the location for its $1 billion research and manufacturing facility.^[5] The facility will house the company’s Demonstration System, which has the goal of producing net-positive fusion energy by 2030.^[6] The Albuquerque City Council approved $776.6 million in industrial revenue bonds and $10 million in economic development funds for the facility. The facility is scheduled to begin operations in mid-2027. The city is expecting the project to generate more than $1.17 billion in economic benefits over the next decade.^[7] The New Mexico Economic Development Department initially announced Pacific Fusion’s interest in the city earlier in July, going on to pass two ordinances with property tax incentives as well as LEDA funds, which reimburse the company up to $9 million for expenses, including land acquisition and infrastructure.^[8] As part of the announcement, the company partnered with the University of New Mexico, Central New Mexico Community College, and other local schools to create training programs specific to its workforce. The Mesa del Sol Neighborhood Association endorsed the project.^[9] Pacific Fusion’s headquarters and its research and development centers will remain based in California.^[10]