International edition
Nuclear News Network

Reporting the buildout, from mine to megawatt

Fusion Energy Companies & Projects Tracker

FLARE fusion neutron source (SHINE Technologies)

Operating · United States · Other

FLARE is SHINE Technologies' accelerator-driven D-T fusion neutron system, producing up to 50 trillion neutrons per second for radiation-effects testing; it has served government and industry customers since August 2023. SHINE, which raised a $240 million Series E in 2026 (over $1 billion total), treats fusion power as a long-term goal after isotopes and waste recycling.

New to fusion? Nuclear fusion, explained: three ways to bottle a star

Current state

StatusOperating
CountryUnited States
LocationJanesville, Wisconsin
DeveloperSHINE Technologies
Developer typePrivate
ConceptOther
FuelD-T
PurposeResearch
Private funding raisedUSD 1bn (as of 2026-02-26)
RegulationLab licensed for tritium operations in Janesville, Wisconsin.

Notes

concept "Other" = beam-target (accelerator) D-T fusion neutron generator; not a net-energy device. private funding raised is 'more than $1 billion' company-wide (largely for isotope production).

Timeline

  • 2023-08 — SHINE began providing FLARE fusion neutron testing services to DoD, DOE and defense-industrial customers. (source)
  • 2024-07-22 — SHINE showcased FLARE as the world's most powerful continuous fusion neutron system (5x10^13 n/s). (source)
  • 2026-02-26 — SHINE announced a $240 million Series E led by NantWorks, taking total funding above $1 billion. (source)

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

Related projects

See all 51 projects in the Fusion Energy Companies & Projects Tracker →

Sources

  1. SHINE Technologies Showcases FLARE, the World's Most Powerful Continuous Fusion Neutron System — PR Newswire / SHINE (primary), checked 2026-10-11
  2. Nuclear fusion startup SHINE Technologies surpasses $1 billion in total funding — MLQ, checked 2026-10-11