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Fusion Technology history
Fusion Technology company history timeline
In 2008, the abrupt and temporary closure of several molybdenum-99 (Mo-99) production facilities at once led to a global shortage of the isotope, which is used to produce critical materials for cancer and heart disease diagnostic procedures.
Following this crisis, the US Department of Energy began issuing funding to companies seeking to develop new ways to produce Mo-99 in 2009.
It was also in 2013 that the Nuclear Regulatory Commission accepted our construction permit application, signaling the beginning of a long road to the construction of a new Mo-99 production facility in North America.
In November 2017, the ITER project passed the 50 percent milestone of work scope completed to first plasma.
Private capital has altered this paradigm and, as of February 2020, private capital investment into fusion startups totalled around $1.5 B, with investors including Jeff Bezos, Breakthrough Energy Ventures, and others.
In early 2020, the imaging center became open for business as construction began on our new office space and production facility, Heliopolis, in Fitchburg, Wisconsin adjacent to the site.
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Fusion Technology competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Basic Solutions | 2003 | $6.8M | 300 | - |
| STChealth | 1988 | $1.3M | 20 | - |
| CashEdge | 1999 | $6.1M | 100 | - |
| Object Systems International - Bulgaria | - | $1.1M | 10 | - |
| Data Concepts | 1997 | $7.2M | 50 | 6 |
| Elemica | 2000 | $37.5M | 130 | - |
| HealthTrio | 1999 | $3.8M | 150 | - |
| Idexcel | 1998 | $62.0M | 200 | 155 |
| Onshore Outsourcing | 2005 | $19.4M | 165 | - |
| ACI Worldwide | 1975 | $1.6B | 5,000 | 22 |
Fusion Technology history FAQs
Zippia gives an in-depth look into the details of Fusion Technology, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fusion Technology. The employee data is based on information from people who have self-reported their past or current employments at Fusion Technology. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Fusion Technology. The data presented on this page does not represent the view of Fusion Technology and its employees or that of Zippia.
Fusion Technology may also be known as or be related to Fusion Technologies Inc, Fusion Technology, Fusion Technology LLC and Fusion Technology Llc.