Avalanche Energy hits key milestone on the road to a desktop fusion reactor
Avalanche recently operated its desktop fusion machine for hours on end while maintaining 300,000 volts, a figure the startup predicts will allow it to build a reactor capable of generating more energy than it consumes, the holy grail for any fusion company.
Where other fusion companies need powerful magnets to generate energy, Avalanche's design uses intense electrical currents to draw fast-moving ions into tight orbits around an electrode. As the density and speed of the ions rises, they begin to collide and fuse, releasing energy in the process.
'Getting to really high voltages is the key thing,' Langtry, Avalanche's co-founder and CEO, told TechCrunch. And given that the company is building small reactors — targeting anywhere from 5 kilowatts to several hundred kilowatts — the density of that voltage, 6 million volts per meter, is important. 'That's the real unlock for us,' he said.
With that sort of force, Avalanche expects it will be able to generate a large number of neutrons at low cost, which can be used to make radioisotopes and to evaluate materials for use in fusion reactors.
The company was recently awarded $10 million from Washington State to build FusionWERX, a testing facility that other fusion companies and researchers can book time to study their own fusion technologies. Money for the grant comes from proceeds from the state's carbon marketplace.
'You can test your hardware, and then you get to leave with full ownership of your IP at the end of the day,' Langtry said.
Sales of radioisotopes and rentals of the FusionWERX facility should make Avalanche profitable in 2028, he said. Langtry is forecasting that the company will generate $30 million to $50 million in revenue in 2029.
With a path to revenue, and having hit the 300,000-volt milestone, Avalanche is rumored to be raising a Series A round. Langtry wouldn't comment specifically on the company's fundraising activities, though he did say that it's lining up the money needed to fulfill the 50% cost-match requirement of the Washington State grant.
'We've already got a pretty good chunk of it lined up,' he said. Raising money to launch FusionWERX is 'goal number one right now,' he added. 'Then all the other stuff is going to fall in place as those pieces start getting built.'

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 hours ago
- Yahoo
AI companion apps on track to pull in $120M in 2025
Demand for AI 'companion' applications outside of bigger names, like ChatGPT and Grok, is growing. Of the 337 active and revenue-generating AI companion apps available worldwide, 128 were released in 2025 so far, according to new data provided to TechCrunch by app intelligence firm Appfigures. This subsection of the AI market on mobile has now generated $82 million during the first half of the year and is on track to pull in over $120 million by year-end, the firm's analysis indicates. Unlike general-purpose chatbots, AI companion apps anthropomorphize AI interactions by allowing users to converse with custom characters, including friends, lovers, girlfriends or boyfriends, fantasy characters, and more. Appfigures defined the market segment in the same way, describing companion apps as those in which the user can interact with either premade or user-generated synthetic characters meant to embody an actual personality. Popular apps in this space include Replika, PolyBuzz, Chai, and others. As of July 2025, AI companion apps across the Apple App Store and Google Play have been downloaded 220 million times globally. During the first half of 2025, downloads were up 88% year-over-year, reaching 60 million. Appfigures crunched the numbers and found that, as of July 2025, AI companion apps have driven $221 million in consumer spending worldwide. So far this year, these apps have generated 64% more revenue than during the same period in 2024. The top 10% of all AI companion apps generate 89% of the revenue in the category, the data shows. In addition, around 10% (or 33) of the apps have exceeded $1 million in lifetime consumer spending. Revenue per download is also up $0.66 from $0.52 in 2024 to $1.18 for the category so far in 2025. While dedicated AI companion apps are fairly popular, bigger companies like xAI are also moving into the market. In July, xAI's Grok launched AI companions, including an anime girl and guy, as well as a snarky 3D fox. Meanwhile, ChatGPT's recent upgrade to GPT-5 brought to light the fact that many of its users felt a kinship with the older model, as they mourned the loss of their AI companion, whom they had come to depend upon. To address these and other concerns about GPT-5's performance, OpenAI CEO Sam Altman brought back the 4o model for the time being. Google last year tapped into the market, too, when it hired away founder, Noam Shazeer. The app lives on and still has tens of millions of monthly active users. According to Appfigures' data, the most popular AI companion apps are those used by people looking for an AI girlfriend. Of the active apps on the market today, 17% have an app name that includes the word 'girlfriend,' compared with 4% that say 'boyfriend' or 'fantasy.' Terms like anime, soulmate, and lover, among others, are less frequently mentioned. The firm notes there were likely a number of other AI companion apps that launched on the app stores since 2022, but were later removed after failing to gain traction in terms of revenue or downloads. Those weren't factored into its analysis, however.


TechCrunch
5 hours ago
- TechCrunch
AI companion apps on track to pull in $120M in 2025
Demand for AI 'companion' applications outside of bigger names, like ChatGPT and Grok, is growing. Of the 337 active and revenue-generating AI companion apps available worldwide, 128 were released in 2025 so far, according to new data provided to TechCrunch by app intelligence firm Appfigures. This subsection of the AI market on mobile has now generated $82 million during the first half of the year and is on track to pull in over $120 million by year-end, the firm's analysis indicates. Unlike general-purpose chatbots, AI companion apps anthropomorphize AI interactions by allowing users to converse with custom characters, including friends, lovers, girlfriends or boyfriends, fantasy characters, and more. Appfigures defined the market segment in the same way, describing companion apps as those in which the user can interact with either premade or user-generated synthetic characters meant to embody an actual personality. Popular apps in this space include Replika, PolyBuzz, Chai, and others. As of July 2025, AI companion apps across the Apple App Store and Google Play have been downloaded 220 million times globally. During the first half of 2025, downloads were up 88% year-over-year, reaching 60 million. Appfigures crunched the numbers and found that, as of July 2025, AI companion apps have driven $221 million in consumer spending worldwide. So far this year, these apps have generated 64% more revenue than during the same period in 2024. The top 10% of all AI companion apps generate 89% of the revenue in the category, the data shows. In addition, around 10% (or 33) of the apps have exceeded $1 million in lifetime consumer spending. Revenue per download is also up $0.66 from $0.52 in 2024 to $1.18 for the category so far in 2025. Techcrunch event Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital, Elad Gil — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $600+ before prices rise. Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They're here to deliver the insights that fuel startup growth and sharpen your edge. Don't miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. San Francisco | REGISTER NOW While dedicated AI companion apps are fairly popular, bigger companies like xAI are also moving into the market. In July, xAI's Grok launched AI companions, including an anime girl and guy, as well as a snarky 3D fox. Meanwhile, ChatGPT's recent upgrade to GPT-5 brought to light the fact that many of its users felt a kinship with the older model, as they mourned the loss of their AI companion, whom they had come to depend upon. To address these and other concerns about GPT-5's performance, OpenAI CEO Sam Altman brought back the 4o model for the time being. Google last year tapped into the market, too, when it hired away founder, Noam Shazeer. The app lives on and still has tens of millions of monthly active users. According to Appfigures' data, the most popular AI companion apps are those used by people looking for an AI girlfriend. Of the active apps on the market today, 17% have an app name that includes the word 'girlfriend,' compared with 4% that say 'boyfriend' or 'fantasy.' Terms like anime, soulmate, and lover, among others, are less frequently mentioned. Appfigures Image Credits:Appfigures The firm notes there were likely a number of other AI companion apps that launched on the app stores since 2022, but were later removed after failing to gain traction in terms of revenue or downloads. Those weren't factored into its analysis, however.
Yahoo
7 hours ago
- Yahoo
In a world of vibe coding startups, Uno Platform is targeting enterprise developers
Amid the rise of new AI-powered low code developer tools aimed at hobbyists and non-technical folks, Uno Platform is doubling down on enterprise developers instead. Montreal-based Uno Platform offers a suite of enterprise-grade tools for developers to build cross-platform .NET applications that can be supported on Android, Apple, Linux, and Windows systems. Users code an application once and Uno Platform makes it easy to ship other types of applications from the existing codebase. 'If you're coding something once and it works on five different platforms on desktop, web, and mobile, you're getting 5x the productivity already,' Uno Platform co-founder and CEO Francois Tanguay told TechCrunch. Uno Platform is not the only app developer tool platform available, but Tanguay thinks it stands out in a market flooded by vibe coding platforms like Lovable and Cursor. For Tanguay, enterprise developers should have access to productivity tools too. 'Everything we are shipping hasn't been done before and we like we have a clear road map in terms of how we can add those extra capabilities make everybody 10x faster,' Tanguay said. 'Nobody's capturing that market yet in the enterprise space.' The two-year-old startup's enterprise focus has attracted customers and investors. Uno Platform just raised a C$3.5 million ($2.54 million) seed funding round co-led by AQC Capital and Desjardins Capital with participation from Scott Hanselman, the vice president of Microsoft's developer community, in addition to other angel investors. The capital will help Uno roll out its premium tooling tier, Uno Platform Studio, and new feature, 'Hot Design' which allows developers to pause a running application and change its user interface in real time. From in-house tools to spinout Tanguay said they wanted to build Uno Platform to be as seamless to use and helpful as working with an consulting agency, which is exactly how the company got started in the first place. Tanguay founded Nventive in 2008 as a consulting agency to build apps for companies right as apps were becoming the next hot technology. After a few years, Nventive started developing the suite of tools that eventually became Uno Platform because the agency was looking for ways to make itself more efficient, Tanguay said. Nventive launched Uno Platform as an open source toolbox in 2018. The open source community could help the agency keep up with frequently changing operating systems that were constantly releasing new versions that required Uno Platform to tweak its offerings. 'We have over a hundred million downloads of platform, something we wouldn't have been able to do just by ourselves,' Tanguay said. 'It was really betting on the open source, as a community, to help grow that initiative and bet that others would see the same value in having access to a toolbox like this.' Tanguay was right and the company has more than 300 open source contributors. Nventive decided to fully spin out the tool box and created Uno Platform in 2023. Since then, the company has started working with enterprise customers, including Toyota, Microsoft and TradeZero, among others.