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Harrison Today
By the People, for the People
Startup Takes 42,000 Sq. Ft. in Harrison for Fusion Energy Research
Hephaestus Technologies Inc. will use the facility for R&D of advanced magnet systems for fusion energy reactors.
Apr. 1, 2026 at 1:35am
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A clean energy startup called Hephaestus Technologies Inc. has leased nearly 42,000 square feet of industrial space at 500 Supor Blvd. in Harrison, New Jersey. The company will use the facility for research and development of advanced magnet systems that are crucial for the development of fusion energy reactors, which are seen as a promising long-term solution for producing clean, carbon-free electricity.
Why it matters
The expansion of Hephaestus Technologies to this new research facility in Harrison highlights the growing demand for specialized industrial and R&D spaces that can support emerging companies in the energy and advanced technology sectors. Fusion energy is widely viewed as one of the most promising long-term solutions for producing clean, renewable electricity, and Hephaestus' work on magnet engineering plays an important role in these efforts.
The details
Blau & Berg brokers represented the landlord, Ambient Capital Partners, in the 41,809-square-foot lease transaction. Fred Fisher of Fisher & Co. represented the tenant, Hephaestus Technologies. The new facility will allow Hephaestus to continue advancing its research and development of the critical magnet systems used in fusion energy reactors.
- The lease was announced on April 1, 2026.
The players
Hephaestus Technologies Inc.
A clean energy startup that is expanding to a new 42,000-square-foot research and development facility in Harrison, New Jersey to work on advanced magnet systems for fusion energy reactors.
Ambient Capital Partners
The landlord that owns the 500 Supor Blvd. property in Harrison where Hephaestus Technologies is leasing space.
The Blau & Berg Co.
The brokerage firm that represented Ambient Capital Partners in the lease transaction with Hephaestus Technologies.
Fred Fisher
The broker from Fisher & Co. who represented Hephaestus Technologies in the lease.
What they’re saying
“This is an exciting transaction to be part of. Hephaestus Technologies is working on groundbreaking research that could contribute to the future development of new energy sources. It's rewarding to help provide a space where innovative companies can continue advancing technologies that may play a role in shaping the future of energy.”
— Dylan Meade, Broker, The Blau & Berg Co.
What’s next
Hephaestus Technologies plans to begin operations and research and development activities at the new Harrison facility in the coming months as it continues its work on advanced magnet systems for fusion energy reactors.
The takeaway
The expansion of Hephaestus Technologies to this new research facility in Harrison underscores the growing demand for specialized industrial and R&D spaces that can support emerging companies in the energy and advanced technology sectors. As the world seeks cleaner, more sustainable energy solutions, the work being done by Hephaestus on fusion energy technology could play a crucial role in shaping the future of renewable electricity generation.
