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DESC0024885

Other Financial Assistance

Overview

Grant Description
Commercial fusion power on a decadal timescale with the compact, high-field ARC power plant.
Awardee
Commonwealth Fusion Systems
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
Cambridge, Massachusetts 02139-4239 United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
Amendment Since initial award the total obligations have increased 30% from $15,000,000 to $19,500,000.
Commonwealth Fusion Systems was awarded Other Financial Assistance DESC0024885 worth $19,500,000 from the Office of Science in June 2024 with work to be completed primarily in Cambridge Massachusetts United States. The grant has a duration of 1 year 6 months and was awarded through assistance program 81.049 Office of Science Financial Assistance Program.

Status
(Complete)

Last Modified 2/24/25

Period of Performance
6/5/24
Start Date
12/4/25
End Date
100% Complete

Funding Split
$19.5M
Federal Obligation
$0.0
Non-Federal Obligation
$19.5M
Total Obligated
100.0% Federal Funding
0.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DESC0024885

Transaction History

Modifications to DESC0024885

Additional Detail

Award ID FAIN
DESC0024885
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
FLSJGUF7BGS1
Awardee CAGE
8EF82
Performance District
MA-07
Senators
Edward Markey
Elizabeth Warren
Modified: 2/24/25