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Milestone-Based Fusion Development Program

Milestone-Based Fusion Development Program — Between

Supports private fusion teams through milestone-based programs advancing through development gates.

Between cyclesDOE Fusion Energy SciencesUnited States

The DOE Fusion Energy Sciences Milestone-Based Fusion Development Program is a five-year, $370 million authorized initiative that funds private fusion companies through milestone-gated performance phases rather than conventional grant reimbursement. Launched in September 2022, the program selected eight initial companies for negotiation by May 2023, with formal agreements finalized in June 2024 af

Private fusion company milestone-based development toward commercially relevant pilot plant designs, funded under DOE's $370M authorized Milestone-Based Fusion Development Program.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Multiple per year
Next deadlineiThe next date applications are due. Rolling means you can apply any time.
Decision timeiTypical time from the deadline to the funder's decision.
Project durationiHow long the funded work is expected to run.18–60 months
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Other Transaction (OT)
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.

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Last verified: 22 Jul 2026Source: www.ans.org