Agenda

Panel Discussions

discussions, debates, and presentations 

Networking Roundtables

roundtables featuring focused, small-group discussions on specific industry topics

Networking Day

exclusive tour of MIT and CFS’s state-of-the-art facilities

additional registration required, space limited

8:30 AM - 9:30 AM
Registration, Coffee & Enhanced Networking

Pavillion Showcase –– FusionX: Americas exhibitors demonstrate the product and service solutions that will  support and accelerate the path to commercialization

One-to-One Meetings — Leverage the powerful FusionX app to connect with key participants, and meet in the dedicated on-site Networking Hub

9:30 AM - 9:40 AM
Welcoming Remarks
 
10:10 AM - 11:00 AM
Fusion's Path to Commercial Deployment: Technology, Milestones & Investment

How are developers and investors evaluating progress?

  • What technical milestones in 2026–2027 signal meaningful progress toward commercial fusion?
  • How are strategic investors evaluating opportunities across the fusion value chain—from reactors to supply chain and enabling infrastructure?
  • What capital requirements do different fusion approaches face on the path to pilot plants and first commercial power?
  • Which demonstration milestones most reduce risk and accelerate follow-on investment and deployment?
  • How do companies translate plasma performance, neutron production, and subsystem testing into credible investment cases?
     
11:00 AM - 11:30 AM
Coffee & Investor Networking
 
11:30 AM - 12:30 PM
Building & Financing the World’s First Fusion Plants

Capital intensity and first-mover risk create unprecedented financing challenges for fusion power plants. Understanding how to fund and de-risk FOAK plants will determine whether and when fusion reaches commercial viability.

  • What blend of equity, debt, guarantees, incentives and insurance can finance a FOAK fusion power plant? 
  • How are risks – construction risk, technology risk, and market risk – allocated and on what terms?
  • Which proof-points from the FOAK will credibly reduce capital costs, construction timelines, and financing costs for NOAK plants?
  • How can advanced simulation, digital twins, and AI-driven modeling reduce contingencies, improve schedule certainty, and strengthen the investability of FOAK fusion plants?How do NRC licensing timelines, state permitting processes, and regulatory uncertainty affect insurance pricing, debt terms, and project schedules?

Moderated by: Jonathan ‘JD’ Dowel, VP for Operations, Nuclear and Environmental, Flour 

12:30 PM - 12:50 PM
Factors that Drive Commercial Economics in Fusion
 
12:50 PM - 2:00 PM
Networking Lunch
 
2:00 PM - 3:00 PM
Materials & Supply Chain: Matching Capacity to Project Timelines

As fusion programs are entering an industrial sourcing phase, constraints are emerging across plasma-facing materials, precision manufacturing, HTS tape and magnet systems, and enriched fuel precursors such as lithium-6. The constraint is not availability alone, but the timing and financing of new capacity relative to deployment schedules. We explore these questions via four  short presentations from across the supply chain, followed by moderated questions.

  • Which inputs are capacity-limiting on 2028–2035 deployment timelines?
  • What contractual structures are required for suppliers to finance new production infrastructure?
  • How should risk be sequenced between developers and suppliers when scaling manufacturing?
  • Which supply chains can scale alongside adjacent sectors, and where must fusion trigger entirely new industrial capacity?

Moderated by: Michael J. Attisha, Of Counsel, Greenberg Traurig, LLP

3:00 PM - 3:50 PM
Hyperscalers, Data Centers & the Race for Fusion PPAs

AI and data center expansion are driving demand for reliable, always-on power. What will it take for hyperscalers to commit to fusion?

  • What technical and commercial milestones must fusion hit before hyperscalers sign PPAs?
  • How can tech-fusion R&D collaboration accelerate pathways to power delivery?
  • What PPA terms, timelines, and risk allocation will hyperscalers accept for first-fusion plants?
  • How do hyperscaler procurement requirements differ from traditional utility buyers?

Moderated by: Amy Nordrum, Executive Editor, Operations, MIT Technology Review

3:50 PM - 4:20 PM
Coffee & Networking
 
4:20 PM - 5:20 PM
Fusion Technology Pathways: Comparing Investment Risk & Return

Considering different technical and commercial pathways to fusion energy, how are investors evaluating the sector, understanding comparative risk profiles and capital requirements?

  • What are realistic capital requirements and timelines from here to commercial operation for MCF approaches?
  • How do break-even challenges, technology risks, and proof-point milestones compare across tokamak, stellarator, magnetic mirrors, Z-pinch approaches?
  • What makes different fusion technologies more or less attractive to different investor types?
  • How should investors think about diversification across fusion technologies versus concentration in one approach?
  • What near-term milestones (2026-2027) will de-risk each pathway and move investor capital from evaluation to deployment?
     
5:20 PM - 6:00 PM
Fusion, SPACs & the Public Markets: Hype, Accountability, or the Path to Scale?

Going public via a SPAC represents a fundamental shift for a fusion company—from private, milestone-driven capital to continuous public-market scrutiny, disclosure, and governance obligations. What does this shift means in practice?

  • What is driving some fusion companies toward SPACs, and why are others choosing to stay private?
  • What does public-market accountability mean for fusion companies in practice—across governance, disclosure, milestones, and credibility?
  • What lessons from early energy and deep-tech SPACs matter most for fusion: when does the model work, when does it fail, and how is trust built—or lost?
  • Why does the U.S. lead fusion public finance today, and what would need to change for Europe, the UK, and Asia to follow?

Moderated by: Charles Boakye, Energy Transition Strategist - Jefferies

6:10 PM - 7:00 PM
Networking Drinks Reception
 
4:20 PM - 4:50 PM
Dragon’s Den Part I: Power
 
4:50 PM - 5:20 PM
Dragon’s Den Part II: Opportunities in Fusion Innovation - Power & Non-Power Applications
 
7:30 AM - 9:00 AM
Registration & Coffee
 
8:00 AM - 9:00 AM
Networking Roundtables

Grab a coffee and pick a table for lightly-moderated, networking-enhanced discussion on some of the more pressing topics impacting fusion commercialization.

Table I: Designing Affirmative Insurance Coverage & Appropriate Risk-Pricing
Commercialization depends on development of fusion-tailored coverage guidelines related to fusion-specific risks.  Are insurers developing appropriate guidelines and policies that will support financeable build and operation? This discussion table offers a dynamic conversation between fusion companies, lenders, EPCs and insurers- to match the policy (and premium) to the risk. 

Table II: How to Manage Waste in Fusion

Table III: AI & Digital Twins to Underwrite Fusion Builds
How can digital models translate into lower contingencies, tighter schedules, and investable risk? This table will focus on the outputs that move capital—what lenders, insurers, EPCs, regulators, and offtakers need to see—and how to govern models so they deliver decision-grade evidence.

Table IV: Fusion for Industrial Heat
Industrial process heat represents one of the hardest sectors to decarbonize—and one of the most promising near-term markets for fusion. How could fusion technologies supply continuous, high-temperature heat for sectors such as steel, chemicals, and cement, and what are next steps to build this market?

Table V: Critical Components: Heat & Exhaust Management
Mastering unlocks faster, more efficient fusion commercialization. What breakthrough technologies are redefining divertor design and reshaping investment potential in the fusion sector? What next-generation innovations are emerging to tackle heat and exhaust across different fusion concepts?

9:00 AM - 9:15 AM
Day Two Welcoming Remarks
 
9:15 AM - 9:45 AM
The Origin Story: Commercializing Fusion After Ignition

One-on-one with Annie Kritcher who led the team that achieved the world’s first fusion ignition at LLNL—a milestone that definitively proved the science of fusion energy.  Now the team tackle the next challenge: how to turn a historic scientific achievement into a commercial energy system.

  • How Inertia’s commercialization strategy differs from other fusion approaches
  • Technical and operational milestones on the path to a first-of-a-kind fusion system
  • What are the capital requirements for Inertia’s approach and how are investors responding?
     
9:45 AM - 10:30 AM
Partners in Fusion: Type One Energy, TVA and AECOM Discuss a Collaborative Approach to Fusion Commercialization

Fusion technology provider Type One Energy is partnering with one of the largest public utilities in America (TVA) and a global engineering firm (AECOM) to commercialize fusion energy. Project Infinity is on track to put fusion electrons on the grid in East Tennessee by 2034.

  • How did early collaboration with TVA shape site decisions, grid integration requirements, and regulatory sequencing?
  • How· How does Type One’s OEM role enable clearer interfacing with partners for delivery, operations, and compliance?
  • How has AECOM’s role as EPC integrator helped translate fusion concepts into buildable, licensable infrastructure?
  •  To what degree does this approach reduce execution risk, improve schedule confidence, and support repeatable deployment?
  • How does this delivery model change impact investment profile?
10:30 AM - 11:00 AM
Coffee & Investor Networking
 
11:00 AM - 11:30 AM
Interview with Shine: A Revenue-Backed Roadmap on the Path to Fusion

SHINE has established one of the most commercially credible pathways in the fusion sector by building revenue-driving businesses around fusion-driven neutron production, isotope manufacturing, and waste recycling. 

  • How is SHINE’s staged model reshaping expectations for valuation, commercialization timelines, and investor confidence?
  • Does SHINE’s staged commercialization model translate into a differentiated and compelling investment proposition? How do investors compare SHINE’s risk profile and valuation against traditional fusion companies?
  • What are the key milestones—and how well is SHINE tracking toward them?
     
11:30 AM - 12:15 PM
Volumetric Neutron Sources: De-Risking Fusion Through Near-Term Neutron Production
  • VNS technology offers fusion investors a near-term revenue opportunity while de-risking downstream reactor development.
  • What revenue streams do VNS systems generate today—isotope production, materials testing contracts, industrial applications?
  • How can volumetric neutron sources break bottleneck and accelerate fusion commercialization and by enabling materials testing, tritium breeding validation, and component qualification before full-scale reactors are built?
  • What's the investment case for VNS versus waiting for full fusion power plants?
12:15 PM - 1:30 PM
Lunch
 
1:30 PM - 2:15 PM
Fusion’s Role in Space, Defense, & Industry: Building Bankable Platforms
  • Compact fusion systems designed for defense, aerospace, and extreme-environment testing may offer a pragmatic pathway to early revenue, operational validation, and capital efficiency ahead of grid-scale deployment.
  • How can defense and aerospace deployments move physics progress into contracted revenue?
  • How can this deployment reframe technical risk, scale-up challenges, and integration requirements?
  • Which proof-points matter most to defense procurement and investors?
  • Do defense and extreme-environment use cases accelerate or complicate pathways to utility and hyperscaler offtake?
  • How should fusion companies sequence non-grid deployments to preserve strategic optionality while aligning VC, hyperscaler, and PE return profiles?
2:15 PM - 3:00 PM
Fuel Cycle: Mitigating Risk & Creating Opportunity

Investing in companies that seek to resolve fusion companies’ challenges with heating, fueling, exhaust, tritium recovery & breeding can give diversified exposure to fusion and a shorter path to revenues. 

  • What technical fuel-cycle critical challenges are opportunities for specialist providers? 
  • What milestones are being hit towards feasibility of tritium breeding and extraction and what is the scale of opportunity created?
  • How are academic and industrial collaborators super-charging the path to fusion commercialization by addressing fuel cycle challenges?
     
3:00 PM - 3:15 PM
Coffee Break
 
3:15 PM - 3:50 PM
Who Funds the Gaps? Coordinating Government, Private Capital and Philanthropy to Accelerate Commercial Fusion

Tapping national labs and their infrastructure can address key challenges in fusion and across the fusion supply chain. How can these shared resources be best leveraged to accelerate commercialization without duplicating cost?

  • What does successful collaboration between national labs, universities, DOE and the private sector look like in the US, and where are the remaining bottlenecks?
  • How can US fusion programs build stronger synergies with international partners on research, supply chains and demonstration pathways?
  • How should national labs and shared infrastructure be used while maintaining strong commercial incentives and speed for private companies?
  • Where can philanthropic capital most effectively absorb early technical risk and complement public and private funding to accelerate progress?
  • Identifying and advancing the most significant opportunities 
3:50 PM - 4:30 PM
Securing Leadership in the Fusion Economy: What Comes Next?

Live audience polling on the critical priorities for fusion commercialization. Results displayed in real time with expert panel reaction, translating two days of discussion into actionable takeaways.
Industry sentiment on:

  • Which components of a fusion pilot plant are most vulnerable to supply chain disruptions?
  • Which enabling technologies require the most attention from researchers to support companies’ deployment timelines?
  • What are some opportunities for American companies to own pieces of the fusion supply chain?
  • What technical milestones, if achieved, would draw significantly more private capital into the fusion sector?
  • Are there remaining technical hurdles that, if unsolved, would render fusion energy uncommercializable?
  • Will Chinese research infrastructure eclipse that of the United States in the near future?
     
4:30 PM - 5:20 PM
Lessons from ITER - What could have been done differently?

A candid, structural look at the challenges facing large-scale scientific projects, drawing on first-hand insights from ITER. This session examines the root causes of ITER’s delays and cost overruns, focusing on supply-chain complexity, procurement strategy, and programme management

  • Why major infrastructure and science projects so often fail to deliver on time and within budget, and the lessons for emerging fusion companies.
  • A case study of the EU’s €7bn supply-chain involvement: how fragmented contracts, integration challenges, and procurement choices contributed to delays.
  • How fundamental project-management practices (“the elementary stuff”—FOAK basics, coordination, interfaces) were where issues emerged.
  • What the private-sector fusion can learn from ITER’s experience to avoid encountering the same structural and operational challenges.
     
5:20 PM - 5:30 PM
Close of Day Two
 

Additional Registration Required

9:30 AM - 10:00 AM
Registration & Coffee
 
10:00 AM - 12:15 PM
Private Tour

A private tour of PFSC’s fusion facilities, including the new Laboratory for Materials in Nuclear Technology, followed by a Q&A with senior staff.  

1:00 PM - 2:15 PM
Networking Lunch
 
3:00 PM - 5:00 PM
Commonwealth Fusion Systems, Devens

Private tours of CFS’s Devens Campus. A guided visit to both CFS’s magnet factory and to the SPARC facility followed by a Q&A with senior staff.  

5:00 PM - 7:00 PM
Closing Networking Drinks

Craft beers and bites at a nearby brewery

7:45 PM - 7:50 PM
Arrive in Boston
 

Connect with the entire fusion ecosystem

"The event was extremely organized and was all about collaboration, which is exactly what's needed to break through into fusion energy commercialization."  Oded Gour-Lavie, CEO, nT-Tao