High-level visit, also including Chancellor of Colorado State University System Dr. Tony Frank, comes after Xcimer begins testing of one of the highest-energy KrFHigh-level visit, also including Chancellor of Colorado State University System Dr. Tony Frank, comes after Xcimer begins testing of one of the highest-energy KrF

Xcimer Energy Delivers Technical Update to U.S. Energy Sec. Chris Wright and U.S. Rep. Gabe Evans in Denver Laser Bay

  • High-level visit, also including Chancellor of Colorado State University System Dr. Tony Frank, comes after Xcimer begins testing of one of the highest-energy KrF lasers in the world
  • Xcimer’s prototype laser system, code-named “Phoenix,” will be complete in 2026; project is on-schedule and on-budget
  • The leading laser fusion company has also advanced its multistate site search to house Vulcan a high-yield laser fusion facility expected to demonstrate engineering breakeven in 2031

DENVER–(BUSINESS WIRE)–Xcimer Energy Inc. welcomed U.S. Energy Sec. Chris Wright and U.S. Rep. Gabe Evans of Colorado to the company’s Denver laser bay on Monday for a technology briefing and update on its progress to commercialize laser fusion.

Earlier this year, Xcimer completed the first key component of its prototype laser system. Just last week, the company began testing the highest-energy KrF laser built in the 21st century. This laser provides the optical energy to power the “Phoenix” pulse compression prototype, which generates laser pulses with the optical characteristics needed to ignite inertial fusion fuel capsules.

Xcimer’s Phoenix system will be fully complete in H1 2026, Xcimer Energy Co-founder and CEO Conner Galloway said. Phoenix is on-schedule and on-budget, Galloway said in the briefing, also attended by Chancellor of Colorado State University System Dr. Tony Frank.

Xcimer’s goal for 2030 is to complete the construction of Vulcan, its next-generation facility, which will achieve the highest laser energy in the world, up to 12 MJ, using the largest laser amplifiers ever built.

In 2031, Vulcan is expected to achieve engineering breakeven from fusion for the first time. Xcimer’s laser will be the world’s brightest, highest-energy and most powerful laser system, surpassing the French Laser Megajoule and China’s new facility in Mianyang.

“Fusion on our energy grid will unleash America’s full potential and help power the industries of the future,” said Secretary Wright. “Xcimer shows how America’s private sector can build on our nation’s unique public-sector breakthroughs and commercialize them — not just for future generations, but in our lifetimes.”

“Energy dominance is essential for national security and economic strength,” said Rep. Evans, who represents Colorado’s 8th district. “I’m proud of the great work that Xcimer is doing to lead the nation and world in clean and safe nuclear fusion technology.”

Laser fusion: America’s brightest innovation

Laser fusion is America’s brightest innovation — the only scientifically demonstrated fusion approach that’s definitively generated more energy than it takes to produce it.

In 1988, scientists from Livermore and Los Alamos carried out experiments at the Nevada test site which proved inertial fusion can achieve commercially-relevant performance. In December 2022, Lawrence Livermore National Lab’s National Ignition Facility (NIF) achieved scientific breakeven using laser inertial fusion — still the only fusion approach to exceed scientific breakeven.

In 2022, Conner Galloway and Alexander Valys co-founded Xcimer Energy to accelerate America’s lead in laser fusion — and scale it from national labs to commercial energy production. Galloway and Valys studied plasma physics and engineering at Massachusetts Institute for Technology and worked together at Los Alamos National Lab before founding Xcimer.

The company combines the only fusion approach that has been experimentally demonstrated to exceed scientific breakeven (hotspot-ignited laser-inertial fusion) with a novel laser architecture that has significantly lower costs than solid-state laser technology such as that used at the NIF.

Multistate search for Vulcan’s home

The leading laser fusion company employs more than 150 people, mostly in its Denver headquarters. The company also has manufacturing operations in Tucson, Arizona.

Xcimer is conducting a site selection process to house Vulcan, which would directly employ physicists, technicians, and support staff. The team is considering opportunities in the company’s home state of Colorado, as well as in Texas, New Mexico, California, and elsewhere.

Utilities and communities across the country have actively partnered to craft competitive proposals, aiming to win this project. Vulcan’s presence is expected to drive infrastructure investment, workforce development, and attracting cutting-edge industries.

As the world’s highest-energy laser system, Vulcan will be a center of high-tech development around energy, fusion, high-energy science, national security and defense missions. Vulcan’s location could pave the way for a future regional source of zero-carbon energy expertise, making the location attractive to more emerging businesses such as data centers and software companies, robotics manufacturers, medical research facilities, and their support services.

“Fusion is the last new energy source humanity will ever need, the key to a prosperous future,” said Galloway. “The countries, states and counties that take the lead in the global fusion race will disproportionately reap the benefits.”

Read the full news release here.

About Xcimer Energy Inc.

Xcimer combines novel laser technology with proven science to commercialize laser fusion energy. Founded in 2022 and based in Denver, Colorado, Xcimer is backed by the world’s leading climate tech investors and has been selected for funding by the U.S. Department of Energy. Its mission is to develop a source of unlimited, clean, safe and reliable energy to power the future. To learn more, visit https://xcimer.energy/.

Contacts

Xcimer media team:

media@xcimer.energy

Market Opportunity
Union Logo
Union Price(U)
$0.002866
$0.002866$0.002866
+0.03%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Satoshi-Era Mt. Gox’s 1,000 Bitcoin Wallet Suddenly Reactivated

Satoshi-Era Mt. Gox’s 1,000 Bitcoin Wallet Suddenly Reactivated

The post Satoshi-Era Mt. Gox’s 1,000 Bitcoin Wallet Suddenly Reactivated appeared on BitcoinEthereumNews.com. X account @SaniExp, which belongs to the founder of the Timechain Index explorer, has published data showing that a dormant BTC wallet was activated after hibernating for six years. However, it was set up 13 years ago, according to the tweet — the time when Satoshi Nakamoto’s shadow was still casting itself around, so to speak. The X post states that the tweet belongs to infamous early Bitcoin exchange Mt. Gox, which suffered from a major hack in the early 2010s, and last year it began paying out compensation to clients who lost their crypto in that hack. The deadline was eventually extended to October 2025. Mt. Gox’s wallet with 1,000 BTC reactivated The above-mentioned data source shared a screenshot from the Timechain Index explorer, showing multiple transactions marked as confirmed and moving a total of 1,000 Bitcoins. This amount of crypto is valued at $116,195,100 at the time of the initiated transaction. Last year, Mt. Gox began to move the remains of its gargantuan funds to pay out compensations to its creditors. Earlier this year, it also made several massive transactions to partner exchanges to distribute funds to Mt. Gox investors. All of the compensations were promised to be paid out by Oct. 31, 2025. The aforementioned transaction is likely preparation for another payout. The exchange was hacked for several years due to multiple unnoticed security breaches, and in 2014, when the site went offline, 744,408 Bitcoins were reported stolen. Source: https://u.today/satoshi-era-mtgoxs-1000-bitcoin-wallet-suddenly-reactivated
Share
BitcoinEthereumNews2025/09/18 10:18
Bitcoin 8% Gains Already Make September 2025 Its Second Best

Bitcoin 8% Gains Already Make September 2025 Its Second Best

The post Bitcoin 8% Gains Already Make September 2025 Its Second Best appeared on BitcoinEthereumNews.com. Key points: Bitcoin is bucking seasonality trends by adding 8%, making this September its best since 2012. September 2025 would need to see 20% upside to become Bitcoin’s strongest ever. BTC price volatility is at levels rarely seen before in an unusual bull cycle. Bitcoin (BTC) has gained more this September than any year since 2012, a new bull market record. Historical price data from CoinGlass and BiTBO confirms that at 8%, Bitcoin’s September 2025 upside is its second-best ever. Bitcoin avoiding “Rektember” with 8% gains September is traditionally Bitcoin’s weakest month, with average losses of around 8%. BTC/USD monthly returns (screenshot). Source: CoinGlass This year, the stakes are high for BTC price seasonality, as historical patterns demand the next bull market peak and other risk assets set repeated new all-time highs. While both gold and the S&P 500 are in price discovery, BTC/USD has coiled throughout September after setting new highs of its own the month prior. Even at “just” 8%, however, this September’s performance is currently enough to make it Bitcoin’s strongest in 13 years. The only time that the ninth month of the year was more profitable for Bitcoin bulls was in 2012, when BTC/USD gained about 19.8%. Last year, upside topped out at 7.3%. BTC/USD monthly returns. Source: BiTBO BTC price volatility vanishes The figures underscore a highly unusual bull market peak year for Bitcoin. Related: BTC ‘pricing in’ what’s coming: 5 things to know in Bitcoin this week Unlike previous bull markets, BTC price volatility has died off in 2025, against the expectations of longtime market participants based on prior performance. CoinGlass data shows volatility dropping to levels not seen in over a decade, with a particularly sharp drop from April onward. Bitcoin historical volatility (screenshot). Source: CoinGlass Onchain analytics firm Glassnode, meanwhile, highlights the…
Share
BitcoinEthereumNews2025/09/18 11:09
Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Joins Ethereum Foundation to Back Open Intents Framework

Coinbase Payments has joined the Open Intents Framework as a core contributor, working alongside Ethereum Foundation and other major players. The initiative aims to simplify complex multi-chain interactions through automated solver technology. The post Coinbase Joins Ethereum Foundation to Back Open Intents Framework appeared first on Coinspeaker.
Share
Coinspeaker2025/09/18 02:43