Premier fusion technology and integrated systems developer to create 50+ new jobs and invest $47M in Oak Ridge
Kyoto Fusioneering (KF) officials announced the company will move its U.S. headquarters to Oak Ridge, Tennessee.
KF will create 51 new jobs and invest $46.9 million in Anderson County as part of the project, which will include buildout of critical fusion testing infrastructure designed to drive down fusion technology risk. This investment centers on developing UNITY-3, a first-of-its-kind fusion nuclear test facility to be built at Oak Ridge National Laboratory (ORNL) through a public-private partnership announced earlier this year.
Supported by the U.S. Department of Energy and named a national priority in its finalized Fusion Science & Technology (FS&T) Roadmap, UNITY-3 will use a deuterium-tritium (D-T) fusion neutron source to validate tritium breeding and performance under realistic fusion-nuclear conditions. Delivering data that no other facility in the world can currently provide, UNITY-3 will help the entire industry design commercial fusion power plants.
KF is the premier global developer of fusion infrastructure, technology and integrated systems. Originating in Japan in 2019, today, the company anchors the fusion supply chain for top-tier private and public fusion development programs around the world, and operates across Asia, Europe and North America.
Japan is Tennessee’s top partner for foreign direct investment (FDI) with more than 200 Japanese companies across the state that account for more than 48,000 jobs and close to $21 billion in capital investment.
Source: TN ECD
The East Tennessee Economic Development Agency markets and recruits business for the 15 counties in the greater Knoxville-Oak Ridge region of East Tennessee. Visit www.eteda.org