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David Kirtley

David Kirtley is an American fusion engineer who co-founded the fusion energy company Helion in 2013 and serves as its CEO; Helion signed the world’s first fusion power purchase agreement, with MicrosoftMicrosoftMicrosoft is a technology company founded by Bill Gates and Paul Allen in 1975 and headquartered in Redmond, Washington, with businesses spanning Windows, Microsoft 365, Azure, enterprise software, artificial intelligence, gaming and devices.Open the full entry, and is building its first commercial fusion plant, Orion, in Washington State.

Contents25 sections
Key facts

Begins Work on Advanced Fusion Systems

He holds a Ph.D. in aerospace engineering from the University of Michigan.⁠[2]

Works on Plasma Thrusters at MSNW

On November 2, 2009, as a researcher at MSNW LLC, he co-authored with Thomas Weber, Brian Nelson and Richard Milroy of the University of Washington’s Plasma Dynamics Laboratory and John Slough a presentation on the “Electrodeless Lorentz Force Thruster” at the annual meeting of the APS Division of Plasma Physics; the thruster uses rotating magnetic field current drive to form a field-reversed configuration plasmoid and eject it at high velocity.⁠[3]

He recalls that before spinning off Helion to focus only on fusion, the founding team worked on a mix of advanced materials, rocket propulsion, fusion rockets and fusion materials.⁠[4]

Co-Founds Helion

In 2013 he founded Helion in Washington State with Chris Pihl, John Slough and George Votroubek, aiming to build a fusion system designed for commercial electricity; he serves as co-founder and CEO.⁠[5]

Backed by Y Combinator and Mithril

In August 2014 Y Combinator and Mithril Capital Management invested $1.5 million in Redmond-based Helion, which had been founded by four scientists working at MSNW, a University of Washington spin-off; he said then that the company could reach break-even within three years for just a few tens of millions of dollars.⁠[6]

Helion was part of Y Combinator’s Summer 2014 batch, listing him as founder/CEO and Chris Pihl as founder/CTO.⁠[7]

Closes Series D

In September 2020 Helion closed a $40 million Series D led by Dustin Moskovitz at a $1.25 billion valuation, bringing its funding since 2013 to $77.8 million; he said the climate crisis and growing energy demand required a dramatic acceleration of zero-carbon baseload technologies.⁠[8]

Trenta Prototype Passes 100 Million Degrees Celsius

In June 2021 Helion announced that its sixth prototype, Trenta, had exceeded a fuel temperature of 100 million degrees Celsius—the first private company to announce this—and had completed a 16-month test campaign; he called the results breakthroughs for how the world meets its electricity needs.⁠[9]

Breaks Ground in Everett

On July 27, 2021 Helion broke ground on its next-generation fusion facility in Everett, Washington, attended by Governor Jay Inslee and Mayor Cassie Franklin; he said the company had spent more than eight years developing its technology in the state and that the facility would help it break the fusion barrier.⁠[10]

Raises $500 Million Series E

On November 5, 2021 Helion announced a $500 million Series E led by Sam AltmanSam AltmanSam Altman is an entrepreneur and investor, and the co-founder and chief executive officer of OpenAI. He previously served as president of Y Combinator and founded the location-based social service Loopt. He also helped found Tools for Humanity and Merge Labs, has invested in energy and life sciences ventures, and has driven public discussion of AI governance, employment, and wealth distribution.Open the full entry, with an option for a further $1.7 billion tied to milestones, to complete Polaris, its seventh-generation fusion generator; Altman had been an investor and chairman since 2015. He said the funding ensured Helion would be first to generate electricity from fusion.⁠[11]

Moves Headquarters to Everett

In May 2022 Helion moved its headquarters from Redmond to a 150,000-square-foot building in Everett, with 80 employees at the time, and received Economic Alliance Snohomish County’s Opportunity Lives Here Award; he said the move was for the local workforce and that the company would need to hire well over 1,000 people once manufacturing plans advanced.⁠[12]

Backs a Differentiated Fusion Regulatory Framework

In August 2022 Senators Carper and Capito wrote to the Nuclear Regulatory Commission urging fusion regulation distinct from fission; speaking for Helion, he said clear, differentiated rules would help fusion deploy safely and rapidly, and thanked the two senators.⁠[13]

Signs Fusion Power Purchase Agreement with Microsoft

On May 10, 2023 Helion announced an agreement to supply Microsoft with electricity from its first fusion power plant, with Constellation as power marketer; the plant was expected online by 2028, targeting 50 MW or more after a one-year ramp-up. He called it a significant milestone for Helion and the fusion industry.⁠[14]

He said it was a real PPA with financial penalties if Helion could not deliver power; Andrew Holland, CEO of the Fusion Industry Association, called the 2028 goal “aggressive”.⁠[15]

Partners with Nucor on a 500 MWe Plant

On September 27, 2023 Helion and Nucor, North America’s largest steel producer, announced an agreement to develop a 500 MWe fusion plant at a Nucor steel facility in the United States, including an investment by Nucor in Helion; he said the company was committed to reducing the world’s dependence on carbon-based energy with fusion.⁠[16]

Discusses Energy with Sam Altman at the OpenAI Forum

Joins the Commission on the Scaling of Fusion Energy

On July 25, 2024 the Special Competitive Studies Project named him a commissioner of the Commission on the Scaling of Fusion Energy, co-chaired by Senators Maria Cantwell and Jim Risch and Ylli Bajraktari, which aims to put the United States at the forefront of the fusion race.⁠[18]

Receives Washington State Health Department License

On July 30, 2024 Helion obtained a Large Broad Scope license from the Washington State Department of Health to possess and use byproduct material for operating Polaris; he said its emphasis on safety was first about the well-being of its team and community.⁠[19]

Raises $425 Million Series F

On January 28, 2025, Helion announced a $425 million Series F round, bringing its total funding to more than $1 billion.⁠[20]

Begins Site Work for the Orion Plant in Malaga

In July 2025 Helion began work on the site of Orion, its first fusion power plant, on land leased from the Chelan County PUD in Malaga, Chelan County, Washington; he called it an important day for Helion and the whole fusion industry.⁠[21]

Orion Receives Conditional Use Permit

On October 15, 2025 Helion received a Conditional Use Permit from Chelan County clearing the way for permitting and building Orion’s fusion generator building, saying it remained on track to supply Microsoft by the end of 2028; he said the company was excited to move into this next phase.⁠[22]

Appears on the Lex Fridman Podcast

He appeared on episode 485 of the Lex FridmanLex FridmanLex Fridman is a Soviet-born, US-raised computer scientist and podcast host who works as an MIT research scientist on human-AI interaction and autonomous driving. His Lex Fridman Podcast is known for hours-long conversations with guests including heads of state and technology leaders.Open the full entry Podcast, described on the episode page as a nuclear fusion engineer and CEO of Helion; topics included fission versus fusion, fusion safety, how fusion works, electricity from fusion, the first fusion power plant in 2028, the energy needs of GPU clusters and the Kardashev scale.⁠[23]

Polaris Achieves D-T Fusion and 150 Million Degrees Celsius

On February 13, 2026 Helion announced that Polaris, its seventh-generation prototype operating since the end of 2024, had become the first privately developed fusion machine to demonstrate measurable deuterium-tritium fusion and had reached plasma temperatures of 150 million degrees Celsius; he said the surest path to commercial fusion was to build, learn and iterate as quickly as possible.⁠[24]

Asked whether Helion had reached scientific breakeven, he did not answer directly, saying the company focused on making electricity rather than pure scientific milestones; he added that 200 million degrees was the optimal operating point for a power plant and that Polaris was a step toward scaled power plants.⁠[25]

Sam Altman Leaves Helion’s Board

On March 23, 2026 Sam Altman said he had stepped down from Helion’s board as OpenAI and Helion began to explore working together at significant scale, adding that he would recuse himself from deal negotiations. In an X post, he said Altman had played an integral role in Helion’s development and that he looked forward to working with him in a new capacity. A Helion spokesperson said the company had made no customer announcements beyond the Microsoft and Nucor deals.⁠[26]

Raises Series G Led by Thrive Capital

On June 4, 2026 Helion announced a $465 million Series G led by Thrive Capital at a $15.5 billion post-money valuation, bringing total investment to $1.5 billion; the round closed oversubscribed at $500 million in September 2026. He said fusion was no longer a future idea but a path to clean, reliable, always-on electricity.⁠[27]

Signs Letter of Intent for $175 Million CHIPS Award

On October 22, 2026 Helion signed a letter of intent with the U.S. Department of Commerce to receive up to $175 million through the CHIPS Research and Development Office for next-generation high-voltage semiconductors for fusion, matched by $50 million in private investment; he said it would let Helion develop and manufacture the advanced semiconductors its systems need in the United States.⁠[28]

Related Organizations, Websites, and Public Accounts

Commission on the Scaling of Fusion Energy: Official website: https://fusion.scsp.ai/ (opens in a new window)⁠[2]

Sources

  1. Dr. David Kirtley | SOSV Climate Tech Summit (opens in a new window)
  2. David Kirtley — Fusion Commission (opens in a new window)
  3. The Electrodeless Lorentz Force Thruster (opens in a new window)
  4. Transcript for David Kirtley: Nuclear Fusion, Plasma Physics, and the Future of Energy | Lex Fridman Podcast #485 - Lex Fridman (opens in a new window)
  5. Helion | About (opens in a new window)
  6. Y Combinator And Mithril Invest In Helion, A Nuclear Fusion Startup (opens in a new window)
  7. Helion Energy (opens in a new window)
  8. Fusion Energy Startup Helion Energy Closes Latest Funding Round at $1.25B Valuation (opens in a new window)
  9. Helion Energy Achieves 100 Million Degrees Celsius Fusion Fuel Temperature and Confirms 16-Month Continuous Operation of Its Fusion Generator Prototype (opens in a new window)
  10. Helion Energy Breaks Ground on Site of Its Next-Generation Fusion Facility in Everett, Washington (opens in a new window)
  11. Helion Raises $500 Million, Targets 2024 for Demonstrating Net Electricity from Fusion (opens in a new window)
  12. Helion Energy: New Everett company has the sun in its eyes (opens in a new window)
  13. Helion supports Congressional call for differentiated regulatory framework for fusion energy (opens in a new window)
  14. Helion announces world’s first fusion energy purchase agreement with Microsoft (opens in a new window)
  15. Microsoft agrees to buy electricity generated from Sam Altman-backed fusion company Helion in 2028 (opens in a new window)
  16. Helion and Nucor announce collaboration to deploy 500 MWe fusion power plant (opens in a new window)
  17. Fusion Energy: The End of Fossil Fuels - Video | OpenAI Forum (opens in a new window)
  18. Special Competitive Studies Project Announces Four Commissioners Joining Fusion Commission (opens in a new window)
  19. Helion Granted Fusion Energy Safety License from Washington State Department of Health (opens in a new window)
  20. Helion Announces $425M Series F Investment to Scale Commercialized Fusion Power (opens in a new window)
  21. Helion Secures Land and Begins Building on the Site of World’s First Fusion Power Plant (opens in a new window)
  22. Helion Receives Approvals for Next Phase of Construction of World’s First Commercial Fusion Power Plant (opens in a new window)
  23. #485 – David Kirtley: Nuclear Fusion, Plasma Physics, and the Future of Energy | Lex Fridman Podcast (opens in a new window)
  24. Helion Achieves New Industry-First Fusion Energy Milestones, Accelerating Path to Commercial Fusion (opens in a new window)
  25. Fusion startup Helion hits blistering temps as it races toward 2028 deadline (opens in a new window)
  26. OpenAI CEO Sam Altman exits Helion Energy's board as firms explore partnership (opens in a new window)
  27. Helion Raises $465 Million Series G Funding Round to Meet Surging Global Demand for Power (opens in a new window)
  28. Helion Signs Letter of Intent For $175 Million CHIPS Award to Advance U.S. High Voltage Semiconductor R&D To Support Fusion Energy (opens in a new window)