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OPERATOR · OPERATOR PROFILE · DATA AS OF 2026-06-10

Avalanche Energy

Active Private HQ: Seattle, Washington Founded 2018

Seattle micro-fusion company (Orbitron electrostatic confinement) targeting kW-class 'fusion batteries' for spacecraft; DIU-selected for an in-space nuclear power demonstration and operator of FusionWERX, a commercial fusion test facility opened in 2025.

44.3
ARI Composite
High Risk
#45 of 56
Peer Rank
Manufacturing cohort
Total Launches
No flights tracked
Estimated valuation
Not disclosed

FINANCIAL HEALTH

44.3
ARI composite · High Risk
Peer rank#45 of 56
Peer groupManufacturing
Data coverage75%

SECTOR POSITION

Rank within sector#45 of 56
Tracked peers56

REGISTRY DATA

Legal nameAvalanche Energy, Inc.
OwnershipPrivate
HeadquartersSeattle, Washington
CountryUS
Founded2018
AliasesAvalanche Energy, FusionWERX
Key programsOrbitron micro-fusion (kW-class 'fusion batteries'), FusionWERX test facility, DIU in-space nuclear demo
Gov customersDIU, Washington State Commerce
Last funding$29M (Feb 2026, RA Capital-led); $40M Series A (2023)
IPO statusPrivate

Source: space_company_registry.json · Operator homepage → · PRNewswire release (Feb 2026) documents the $29M round; DIU selection per diu.mil program page.

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.