Core Viewpoint - The article discusses the recent Pre-A funding round of the controllable nuclear fusion technology company "Xingneng Xuanguang," highlighting its plans to accelerate the commercialization of fusion energy through innovative technology and strategic partnerships [5][7]. Funding and Development - "Xingneng Xuanguang" has completed a Pre-A funding round of several hundred million yuan, led by Ant Group, with participation from various investors including Yinxian Capital and Zijin Mining [5]. - The funds will be used to enhance the performance of its in-construction devices, deploy key technologies, and expand the team [5]. Technology and Team - The company is focused on developing its unique "Field-Reversed Configuration" (FRC) fusion energy technology, which has been in development since 2013 at the University of Science and Technology of China [5][7]. - The founder, Professor Sun Xuan, has over 20 years of experience in the fusion field and has a strong team with expertise from renowned institutions like Princeton University [7]. Market Potential - The global nuclear fusion market is projected to grow from $296.4 billion in 2022 to $395.14 billion by 2027, driven by the increasing demand for clean and safe energy solutions [7]. - The article emphasizes the advantages of controllable nuclear fusion, including high energy density, abundant fuel, and safety, positioning it as a potential ultimate energy solution [7]. Competitive Landscape - Various technological routes for controllable nuclear fusion are being explored, with the FRC technology gaining attention due to its lower construction costs and simpler structure compared to mainstream devices like Tokamaks [9]. - The FRC's key performance indicator, "fusion triple product," is nearing ignition levels, indicating strong development momentum [9]. Future Plans - "Xingneng Xuanguang" plans to complete its in-construction device by the end of 2025 and achieve its first discharge, marking a significant milestone for the feasibility of the FRC technology [9]. - The company is also diversifying its business by providing core components for diagnostic and heating devices to universities and research institutions, as well as exploring non-power value-added services like neutron sources and isotope production [10].