Fusion startup Helion lines up potential $175M CHIPS award to develop advanced semiconductors

Helion’s Orion fusion plant is under construction in Malaga, Wash., with plans to start operating the facility in 2028. (Helion Photo) Helion Energy , the Everett, Wash., startup racing to build the world’s first fusion plant, is expanding its semiconductor development and manufacturing efforts. The company today announced a letter of intent with the U.S.