"Despite no firm commitment from the startup behind the project, Pacific Fusion, the Livermore City Council this past week unanimously approved the company's plan to develop a 225,500-square-foot facility on a vacant stretch of West Jack London Boulevard. But Livermore is facing off with two other cities in its bid to secure the project - Alameda and Albuquerque are also trying to lure the Fremont-based company."
"Pacific Fusion, a company founded in 2023 and backed by $900 million from venture capital companies, has promised to bring more than 200 engineer, technician and scientist jobs to its new home. The company plans to develop new ways to generate renewable energy, with the goal of becoming one of the first to break ground anywhere on a nuclear fusion plant."
Livermore City Council unanimously approved Pacific Fusion's plan for a 225,500-square-foot facility on West Jack London Boulevard despite no firm company commitment. Livermore competes with Alameda and Albuquerque to host the Fremont-based startup. Pacific Fusion was founded in 2023 and is backed by $900 million in venture capital and promises more than 200 engineer, technician and scientist jobs. The company plans to develop new ways to generate renewable energy and aims to be among the first to break ground on a nuclear fusion plant. Pacific Fusion expects a decision later this year based on build speed, cost, community support and partnerships, and says the facility would not add power to existing electricity grids.
Read at The Mercury News
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