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Fusion Energy Companies & Projects Tracker

Orion (Helion)

Under construction · United States · Field-reversed configuration

Orion is Helion's planned 50 MW fusion power plant in Malaga, Washington, designed to supply Microsoft under the first fusion power purchase agreement (signed 2023). Construction of support buildings began in July 2025 and a county permit for the generator building followed; initial operations are targeted for 2028.

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Current state

StatusUnder construction
CountryUnited States
LocationMalaga, Chelan County, Washington
DeveloperHelion Energy
Developer typePrivate
ConceptField-reversed configuration
FuelD-He3
PurposeCommercial plant
Grid power target2028
Target output (MWe)50
OfftakersMicrosoft (50 MW PPA, 2023), Constellation (power marketer under Microsoft deal)
SiteLeased from Chelan County PUD; SEPA MDNS issued; conditional use permit granted for generator building
Private funding raisedUSD 1.5bn (as of 2026-06-04)
RegulationNeeds Washington Department of Health radioactive-materials licensing plus state stormwater and air permits; Washington is an NRC Agreement State.

Notes

Constellation's role as power marketer comes from the 2023 Microsoft PPA announcement (not re-opened here). Some secondary guides claim full 50 MW output would not arrive until 2029-30; Helion maintains 2028 initial operations. Net-energy target not published.

Timeline

  • 2025 — Chelan County granted a conditional use permit for Orion's fusion generator building. (source)
  • 2025-07 — Helion began construction of support buildings for Orion on land leased from Chelan County PUD in Malaga. (source)
  • 2026-06-04 — Helion raised $465 million, partly to support ongoing Orion construction. (source)

The timeline is append-only: corrections are added as new entries. Stated targets appear in the current-state table, never as milestones.

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Related projects

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Sources

  1. Orion — Helion Energy (primary), checked 2026-10-11
  2. Helion begins construction on fusion power plant — American Public Power Association, checked 2026-10-11
  3. Helion lands permit for reactor building construction at Washington site — GeekWire, checked 2026-10-11
  4. Helion Raises $465 Million Series G Funding Round — Helion Energy (primary), checked 2026-10-11
  5. Fusion startup Helion hits blistering temps as it races toward 2028 deadline — TechCrunch, checked 2026-10-11