
Helion Energy
Founded Year
2010Stage
Corporate Minority | AliveTotal Raised
$547.11MLast Raised
$35M | 2 mos agoAbout Helion Energy
Helion Energy is a company focused on the development of fusion power technology. The company's main service is the construction of fusion power plants, aiming to provide electricity. The primary market for Helion Energy's services is the energy industry. The company was founded in 2010 and is based in Everett, Washington.
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ESPs containing Helion Energy
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The nuclear fusion market offers a carbon-free, safe, non-intermittent, cheap and compact alternative to traditional energy sources. This technology can be used primarily as a source of electricity, but also of heat (for industrial applications) and neutrons (for radiopharmaceuticals production). In addition, the technology for magnet production can be applied for the production of magnets for mag…
Helion Energy named as Highflier among 10 other companies, including General Fusion, Commonwealth Fusion Systems, and Zap Energy.
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Expert Collections containing Helion Energy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Helion Energy is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,228 items
Renewable Energy
2,920 items
Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.
Helion Energy Patents
Helion Energy has filed 7 patents.
The 3 most popular patent topics include:
- fusion power
- nuclear fusion
- nuclear technology

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
2/6/2015 | 10/11/2022 | Fusion power, Nuclear fusion, Nuclear physics, Plasma physics, Nuclear technology | Grant |
Application Date | 2/6/2015 |
---|---|
Grant Date | 10/11/2022 |
Title | |
Related Topics | Fusion power, Nuclear fusion, Nuclear physics, Plasma physics, Nuclear technology |
Status | Grant |
Latest Helion Energy News
Nov 21, 2023
The Associated Press and OpenAI have a licensing and technology agreement that allows OpenAI access to part of AP’s text archives. Altman helped start OpenAI as a nonprofit research laboratory in 2015. But it was ChatGPT’s explosion into the public consciousness that thrust Altman into the spotlight as a face of generative AI — technology that can produce novel imagery, passages of text and other media. On a world tour this year, he was mobbed by a crowd of adoring fans at an event in London. He's sat with multiple heads of state to discuss AI's potential and perils. Just Thursday, he took part in a CEO summit at the Asia-Pacific Economic Cooperation conference in San Francisco, where OpenAI is based. He predicted AI will prove to be “the greatest leap forward of any of the big technological revolutions we’ve had so far.” He also acknowledged the need for guardrails, calling attention to the existential dangers future AI could pose. Some computer scientists have criticized that focus on far-off risks as distracting from the real-world limitations and harms of current AI products. The U.S. Federal Trade Commission has launched an investigation into whether OpenAI violated consumer protection laws by scraping public data and publishing false information through its chatbot. The company said its board consists of OpenAI's chief scientist, Ilya Sutskever, and three non-employees: Quora CEO Adam D’Angelo, tech entrepreneur Tasha McCauley, and Helen Toner of the Georgetown Center for Security and Emerging Technology. OpenAI’s key business partner, Microsoft, which has invested billions of dollars into the startup and helped provide the computing power to run its AI systems, said that the transition won’t affect its relationship. “We have a long-term partnership with OpenAI and Microsoft remains committed to Mira and their team as we bring this next era of AI to our customers,” said an emailed Microsoft statement. While not trained as an AI engineer, Altman, now 38, has been seen as a Silicon Valley wunderkind since his early 20s. He was recruited in 2014 to take the lead of the startup incubator YCombinator. “Sam is one of the smartest people I know, and understands startups better than perhaps anyone I know, including myself,” read YCombinator co-founder Paul Graham’s 2014 announcement that Altman would become its president. Graham said at the time that Altman was “one of those rare people who manage to be both fearsomely effective and yet fundamentally benevolent.” OpenAI started out as a nonprofit when it launched with financial backing from Tesla CEO Elon Musk and others. Its stated aims were to “advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.” That changed in 2018 when it incorporated a for-profit business Open AI LP, and shifted nearly all its staff into the business, not long after releasing its first generation of the GPT large language model for mimicking human writing. Around the same time, Musk, who had co-chaired its board with Altman, resigned from the board in a move that OpenAI said would eliminate a “potential future conflict for Elon” due to Tesla’s work on building self-driving systems. While OpenAI's board has preserved its nonprofit governance structure, the startup it oversees has increasingly sought to capitalize on its technology by tailoring its popular chatbot to business customers. At its first developer conference last week, Altman was the main speaker showcasing a vision for a future of AI agents that could help people with a variety of tasks. Days later, he announced the company would have to pause new subscriptions to its premium version of ChatGPT because it had exceeded capacity. Altman’s exit “is indeed shocking as he has been the face of” generative AI technology, said Gartner analyst Arun Chandrasekaran. He said OpenAI still has a “deep bench of technical leaders” but its next executives will have to steer it through the challenges of scaling the business and meeting the expectations of regulators and society. Forrester analyst Rowan Curran speculated that Altman's departure, “while sudden,” did not likely reflect deeper business problems. “This seems to be a case of an executive transition that was about issues with the individual in question, and not with the underlying technology or business,” Curran said. Altman has a number of possible next steps. Even while running OpenAI, he placed large bets on several other ambitious projects. Among them are Helion Energy, for developing fusion reactors that could produce prodigious amounts of energy from the hydrogen in seawater, and Retro Biosciences, which aims to add 10 years to the human lifespan using biotechnology. Altman also co-founded Worldcoin, a biometric and cryptocurrency project that's been scanning people's eyeballs with the goal of creating a vast digital identity and financial network. UNITED STATES: ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board of directors.“The board no longer has confidence in his ability to continue leading OpenAI,” the artificial intelligence company said in a statement.In the year since Altman catapulted ChatGPT to global fame, he has become Silicon Valley’s sought-after voice on the promise and potential dangers of artificial intelligence and his sudden and mostly unexplained exit brought uncertainty to the industry’s future.googletag.cmd.push(function() {googletag.display('div-gpt-ad-8052921-2'); });Mira Murati, OpenAI’s chief technology officer, will take over as interim CEO effective immediately, the company said, while it searches for a permanent replacement.The announcement also said another OpenAI co-founder and top executive, Greg Brockman, the board’s chairman, would be stepping down from that role but remain at the company, where he serves as president. But later on X, formerly Twitter, Brockman wrote, “Based on today’s news, I quit.”OpenAI declined to answer questions on what Altman's alleged lack of candor was about. The statement said his behavior was hindering the board's ability to exercise its responsibilities.Altman posted Friday on X: “I loved my time at Openai. it was transformative for me personally, and hopefully the world a little bit. most of all I loved working with such talented people. will have more to say about what’s next later.”i loved my time at openai. it was transformative for me personally, and hopefully the world a little bit. most of all i loved working with such talented people.will have more to say about what’s next later. — Sam Altman (@sama) November 17, 2023The Associated Press and OpenAI have a licensing and technology agreement that allows OpenAI access to part of AP’s text archives.Altman helped start OpenAI as a nonprofit research laboratory in 2015. But it was ChatGPT’s explosion into the public consciousness that thrust Altman into the spotlight as a face of generative AI — technology that can produce novel imagery, passages of text and other media. On a world tour this year, he was mobbed by a crowd of adoring fans at an event in London.He's sat with multiple heads of state to discuss AI's potential and perils. Just Thursday, he took part in a CEO summit at the Asia-Pacific Economic Cooperation conference in San Francisco, where OpenAI is based.He predicted AI will prove to be “the greatest leap forward of any of the big technological revolutions we’ve had so far.” He also acknowledged the need for guardrails, calling attention to the existential dangers future AI could pose.Some computer scientists have criticized that focus on far-off risks as distracting from the real-world limitations and harms of current AI products. The U.S. Federal Trade Commission has launched an investigation into whether OpenAI violated consumer protection laws by scraping public data and publishing false information through its chatbot.The company said its board consists of OpenAI's chief scientist, Ilya Sutskever, and three non-employees: Quora CEO Adam D’Angelo, tech entrepreneur Tasha McCauley, and Helen Toner of the Georgetown Center for Security and Emerging Technology.OpenAI’s key business partner, Microsoft, which has invested billions of dollars into the startup and helped provide the computing power to run its AI systems, said that the transition won’t affect its relationship.“We have a long-term partnership with OpenAI and Microsoft remains committed to Mira and their team as we bring this next era of AI to our customers,” said an emailed Microsoft statement.While not trained as an AI engineer, Altman, now 38, has been seen as a Silicon Valley wunderkind since his early 20s. He was recruited in 2014 to take the lead of the startup incubator YCombinator.“Sam is one of the smartest people I know, and understands startups better than perhaps anyone I know, including myself,” read YCombinator co-founder Paul Graham’s 2014 announcement that Altman would become its president. Graham said at the time that Altman was “one of those rare people who manage to be both fearsomely effective and yet fundamentally benevolent.”OpenAI started out as a nonprofit when it launched with financial backing from Tesla CEO Elon Musk and others. Its stated aims were to “advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return.”That changed in 2018 when it incorporated a for-profit business Open AI LP, and shifted nearly all its staff into the business, not long after releasing its first generation of the GPT large language model for mimicking human writing. Around the same time, Musk, who had co-chaired its board with Altman, resigned from the board in a move that OpenAI said would eliminate a “potential future conflict for Elon” due to Tesla’s work on building self-driving systems.While OpenAI's board has preserved its nonprofit governance structure, the startup it oversees has increasingly sought to capitalize on its technology by tailoring its popular chatbot to business customers.At its first developer conference last week, Altman was the main speaker showcasing a vision for a future of AI agents that could help people with a variety of tasks. Days later, he announced the company would have to pause new subscriptions to its premium version of ChatGPT because it had exceeded capacity.Altman’s exit “is indeed shocking as he has been the face of” generative AI technology, said Gartner analyst Arun Chandrasekaran.He said OpenAI still has a “deep bench of technical leaders” but its next executives will have to steer it through the challenges of scaling the business and meeting the expectations of regulators and society.Forrester analyst Rowan Curran speculated that Altman's departure, “while sudden,” did not likely reflect deeper business problems.“This seems to be a case of an executive transition that was about issues with the individual in question, and not with the underlying technology or business,” Curran said.Altman has a number of possible next steps. Even while running OpenAI, he placed large bets on several other ambitious projects.Among them are Helion Energy, for developing fusion reactors that could produce prodigious amounts of energy from the hydrogen in seawater, and Retro Biosciences, which aims to add 10 years to the human lifespan using biotechnology. Altman also co-founded Worldcoin, a biometric and cryptocurrency project that's been scanning people's eyeballs with the goal of creating a vast digital identity and financial network. Follow The New Indian Express channel on WhatsApp
Helion Energy Frequently Asked Questions (FAQ)
When was Helion Energy founded?
Helion Energy was founded in 2010.
Where is Helion Energy's headquarters?
Helion Energy's headquarters is located at 1415 75th St SW, Everett.
What is Helion Energy's latest funding round?
Helion Energy's latest funding round is Corporate Minority.
How much did Helion Energy raise?
Helion Energy raised a total of $547.11M.
Who are the investors of Helion Energy?
Investors of Helion Energy include Nucor, Mithril Capital Management, Capricorn Investment Group, Dustin Moskovitz, Samuel Harris Altman and 3 more.
Who are Helion Energy's competitors?
Competitors of Helion Energy include Renew Financial, General Fusion, Commonwealth Fusion Systems, OpenHydro, Propel Fuels and 7 more.
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