Search results for Massachusetts Institute of Technology
Industry
Desktop fusion device achieves 11 million-degree plasma milestone toward commercialisation
U.S. fusion startup Avalanche said it has generated plasma of about 11 million degrees Celsius in a desktop-sized prototype, reaching a temperature close to the sun’s core. The company said this clears a key technical threshold for fusion, though it does not mean net energy production. Avalanche is pursuing a small, low-cost system and said it has raised less than $50 million to reach this stage. The result has not been peer reviewed.
AI & Enterprise
Science ministry launches POSTECH quantum global partnership lead center
South Korea has set up an international joint research hub for quantum technology at Pohang University of Science and Technology, the Ministry of Science and ICT said. The POSTECH Quantum Global Partnership Lead Center aims to develop large-scale quantum entanglement generation and control by linking different quantum platforms. The project runs from July 2025 to December 2029 with funding of 22.3 billion won. Researchers from domestic and overseas institutions attended the opening event.
Industry
Teen-founded U.S. defense startup Mach Industries valuation quadruples in a year
U.S. defense technology startup Mach Industries raised $300 million in a Series C round, valuing the company at $1.8 billion. TechCrunch reported the valuation is nearly four times higher than a year ago, after a $100 million raise in June 2025 at a $470 million valuation. The round was led by Infinite Capital and Ribbit Capital. Mach is developing five autonomous aircraft and plans to start producing at least three next year.