At a glance
Xcimer is building the world’s biggest, brightest and most powerful lasers to commercialize the only scientifically validated approach to fusion energy. The Denver-based laser fusion company expects to deliver safe, affordable energy by the mid-2030s.
Founded: 2022
Founders: Conner Galloway (CEO), Alexander Valys (President & CTO)
Headquarters: Denver, Colorado, USA
Team: More than 150 people across engineering, physics, operations, and manufacturing
Funding: More than $150M raised from top-tier energy and technology investors, including Breakthrough Energy Ventures, Lowercarbon Capital, Emerson Collective, Prelude Ventures and many others. Xcimer received the largest laser fusion award from the U.S. Department of Energy’s Milestone-Based Fusion Development Program.
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Chance backstory
Conner Galloway and Alexander Valys met as randomly assigned first-year roommates at MIT. They studied physics and engineering, then worked together during post-graduate studies at Los Alamos National Laboratory. They co-founded Xcimer Energy in 2022 and began hiring experts in physics, engineering and business from a wide cross-section of industries, including energy, space exploration, computer science, and academia.
Press Releases
- U.S. Department of Energy approves Xcimer’s fusion power plant preconceptual design and technology roadmap milestone
- Xcimer Energy announces the start of operations for Phoenix, a prototype system for industrial-scale laser fusion architecture
- Xcimer Energy Expands Leadership Team as Fusion Transitions from Research to Industrial Sector
