Bob Mumgaard
Bob Mumgaard
Commonwealth Fusion Systems
As the CEO of Commonwealth Fusion Systems (CFS), Bob Mumgaard is responsible for the strategic vision and direction of the company, paving the way for a future of clean, unlimited fusion energy. Since co-founding CFS with a mission to commercialize the high-field approach to fusion, Mumgaard has grown the company to more than 350 employees and raised more than $2 billion from some of the world’s leading investors.

Prior to co-founding CFS, Mumgaard performed his PhD work at MIT as a fellow and during that time, he contributed to the design of several small superconducting tokamaks for a variety of physics missions using high temperature superconductors (HTS). Mumgaard's efforts focused on how entrepreneurship, risk-retirement strategies, and partnerships could increase the speed of fusion from laboratory to market. He organized and led a team identifying strategies to utilize private finance and traditional academic resources to speed the path to fusion energy resulting in a collaboration model with MIT.

Mumgaard holds a PhD in Applied Plasma Physics and a MS in Nuclear Engineering from MIT, as well as a BS in Mechanical Engineering and BS in Engineering Physics from the University of Nebraska.