Bob Mumgaard

–TIME - Tech 

Follow this author to personalize your feed and get instant alerts. Follow Go to your personalized feed WHY FOLLOW? Smart Alerts: Get notified about major news as it happens. Bob Mumgaard is the co-founder and CEO of Commonwealth Fusion Systems (CFS), which is developing technology to commercialize fusion power. In 2026, the company secured an additional $1 billion fundraising round as progress continues on its SPARC machine, which it says will be able to use powerful magnets to confine superheated plasma and produce power.