# Nucor invests $35 million in Helion for fusion energy development

Nucor is making a direct investment of $35 million in Helion to accelerate fusion deployment in the United States, with a target of 2030. This is the first fusion energy agreement of this scale in the world.

- Type: Investment
- Announced: 2023-11-10
- Where: United States
- Value: $35.0M
- Status: announced
- Products: fusion energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Nucor](https://endata.com/companies/4347.md) (investor)
- [Helion Energy](https://endata.com/companies/73700.md) (investor)

## Sources

- [lsc-pagepro.mydigitalpublication.com](https://lsc-pagepro.mydigitalpublication.com/publication/?i=806083&p=37&view=issueViewer), 2023-11-10: "Nucor is making a direct investment of $35 million in Helion to accelerate fusion deployment in the United States."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.