After getting a jolt from one of the biggest corporations in the world, Kearny-based Thea Energy is progressing on its goal of making fusion a commercially viable clean energy solution. Named after Thea, the Greek goddess of light and radiance, the three-year-old venture recently wrapped up a months-long fellowship offered by Amazon Web Services and the International Research Centre on Artificial Intelligence designed to help researchers, startups, nonprofits and public sector organizations build proofs-of-concept that can use advanced computing to address environmental challenges. A spinout of the Princeton Plasma Physics Laboratory (PPPL) and Princeton University, Thea Energy aims to build upon research and technology developed at these institutions to commercialize stellarator fusion energy. Considered a rising player in the U.S. fusion space, the company has raised $30 million in total investor funding since its 2022 founding. In addition, Thea Energy has also received other non-dilutive funding from the U.S. Department of Energy, including as an awardee in the inaugural phase of the milestone-based fusion development program. As one of eight entities selected in November 2024 for the second cohort of the Compute for Climate fellowship, Thea received resources, support and collaboration opportunities to support its fusion energy research & development. Altogether, the program awarded up to $1.5 million in AWS cloud credits and technical guidance for fellows to develop their AI/cloud-based solutions.

Full report : Kearny-based Thea Energy partners with AWS to advance stellarator fusion technology, aiming to bring clean, commercial fusion power to market.

For more see the OODA Company Profile on Thea Energy.