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DESC0024881

Other Financial Assistance

Overview

Grant Description
Stellarator fusion pilot plant enabled by array of planar shaping coils
Awardee
Thea Energy
Grant Program (CFDA)
81.049 - Office of Science Financial Assistance Program
Awarding Agency
Office of Science Consolidated Service Center (Chicago Service Center) (CSC) [DOE - NNSA]
Funding Agency
Office of Science (OS) [DOE]
Place of Performance
Neshanic Station, New Jersey 08853-4140 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
Amendment Since initial award the End Date has been extended from 12/04/25 to 06/04/27 and the total obligations have increased 150% from $3,000,000 to $7,500,000.
Thea Energy was awarded Other Financial Assistance DESC0024881 worth $7,500,000 from the Office of Science in June 2024 with work to be completed primarily in Neshanic Station New Jersey United States. The grant has a duration of 3 years and was awarded through assistance program 81.049 Office of Science Financial Assistance Program.

Status
(Ongoing)

Last Modified 3/24/26

Period of Performance
6/5/24
Start Date
6/4/27
End Date
65.0% Complete

Funding Split
$7.5M
Federal Obligation
$0.0
Non-Federal Obligation
$7.5M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DESC0024881

Transaction History

Modifications to DESC0024881

Additional Detail

Award ID FAIN
DESC0024881
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Small Business
Awarding Office
892430 SC CHICAGO SERVICE CENTER
Funding Office
892401 SCIENCE
Awardee UEI
C6RDDSQK1KS8
Awardee CAGE
9RRH2
Performance District
NJ-07
Senators
Robert Menendez
Cory Booker
Modified: 3/24/26