This Week’s Fusion News: October 23, 2026 thefusionreport.substack.com

The Fusion Report’s Oct. 23 roundup covers six developments: Helion’s letter of intent for up to $175 million in U.S. CHIPS funding, Israel’s draft fusion strategy proposing up to NIS 2 billion in public investment, and Cambridge Heavy Industries’ $6.2 million seed round. It also reports Startorus Fusion’s claimed 63 T/s magnet field-change record, Stellios Technologies’ $5 million pre-seed round, and NeoVolta’s launch of a $40 million energy-storage financing platform.