Germany-based laser fusion developer Marvel Fusion and Colorado State University (CSU) in the US have entered a partnership to build a high-power laser and fusion research facility at CSU's Foothills Campus, US.

This public-private partnership is worth $150m and will serve as a platform to advance Marvel's fusion approach.

The development of laser fusion and its potential as a new power source is seen as essential as it can significantly lower the carbon footprint of how energy is delivered globally.

Marvel CEO Moritz von der Linden said: “This public-private partnership sets the global standard for laser-based fusion research, propelling the development of a safe, clean, and reliable energy source. It is an incredible step forward for Marvel Fusion and a testament to our success and vision.

“Working with the world-class team at CSU over the past two years has been invaluably productive. We are immensely grateful for the trust and support of CSU, the state of Colorado, and the US Department of Energy’s ongoing support through the LaserNetUS programme.”

The project is expected to begin yielding results after its completion in 2026.

The finished development will include three laser systems, each boasting a multi-petawatt peak power and an ultrafast repetition rate of ten flashes per second. 

CSU president Amy Parsons said: “The project also would [once complete] drive meaningful, long-term economic and reputational benefits to Fort Collins and the state.”