Marvel Fusion

Overview
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Alternative Energy?
Product stageSegments
Ideation
?
Renewables: Third-generation
?

German-based Marvel Fusion develops laser-driven fusion technology, an innovative approach to generate fusion energy. This proprietary process replaces magnets with ultra-advanced lasers. Instead of heating the fuel plasma to very high temperatures, it precisely controls the conversion of input laser energy to accelerated fuel particles through the design of its nanostructured targets. This allows for higher efficiency in triggering fusion reactions.

Marvel Fusion has conducted experiments for over four years at leading universities and research institutions across Europe, the US, and Asia, using ultrashort pulse high-intensity lasers and nanostructured fuel targets. The company has validated the fundamental physics factors of the theoretical model.

As of March 2024, Marvel Fusion is developing a fusion research facility with Colorado State University (CSU) to advance its fusion approach. The facility, which is set to be completed in early 2027, will feature at least three laser systems, each with a multi-petawatt peak power and an ultra-fast repetition rate of ten flashes per second. Marvel is also developing a prototype that will feature hundreds of laser systems and will be capable of achieving fusion ignition to prove the technology at scale.

Key customers and partnerships

In August 2023, Marvel Fusion partnered with Colorado State University, to develop a USD 150 million next-gen, high-power laser, and fusion research facility on the CSU Foothills campus. The company has also collaborated with Siemens Energy, TRUMPF, and Thales.



HQ location:
Munich DEU
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
USD 129.0 mn
Last Funding:
USD 69.9 mn (Series B; Sep 2024)
Last valuation:
-
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