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MIT and Commonwealth Fusion Systems launch novel approach to fusion power. Twitter

Fusion energy—a long-held dream of clean and unlimited power—could be inching closer to reality following a collaboration from the Massachusetts Institute of Technology (MIT) and a startup company.

MIT and Cambridge-based Commonwealth Fusion Systems will spearhead the multimillion-dollar effort, which aims to put fusion power " on the grid in 15 years," with an ultimate goal of rapidly commercializing fusion energy and establishing a new industry, the university announced.

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