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RTX Ventures Takes Minority Stake in Fusion Laser Firm Xcimer Energy

RTX logoRTX
Sig2.81Sen+4.77Env+1.09Soc+0.41Gov+1.37

RTX Ventures, the defence group’s venture arm, has taken a minority stake in laser fusion startup Xcimer Energy and signed a teaming agreement to explore integrating its pulsed-laser systems into RTX defence platforms. The collaboration targets directed-energy tools for US airborne threat countermeasures while supporting Xcimer’s goal of delivering fusion energy to the grid by the mid-2030s, after US DOE approved its fusion pilot power plant design and awarded it major program funding.

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