Japan's Itochu and SoftBank buy into U.S. nuclear fusion startup
PALO ALTO, California -- Trading house Itochu and investment company SoftBank are investing in Blue Laser Fusion (BLF), a nuclear fusion startup in the U.S. developing technology for stable electricity generation using proprietary laser technology.
The two high profile companies are the first investors from the Japanese private sector in the company, which has set 2030 as its commercial launch target date.