South Korea’s ₩1.48tn fusion plan passes feasibility review 6 November 2026 South Korea’s Ministry of Science and Information and Communication Technology (MSIT) has cleared a fusion technology programme with a total cost of ₩1.4813tn ($1.1bn) over 10 years, from 2027 to…
Kyoto Fusioneering to supply gyrotrons to Type One Energy 5 November 2026 Kyoto Fusioneering will supply 170 GHz, 1 MW-class gyrotron systems to Type One Energy for the electron cyclotron heating (ECH) system of Infinity One, its stellarator engineering prototype at the…
Pacific Fusion selected for two DOE INFUSE projects 5 November 2026 Pacific Fusion has had two projects selected under the US Department of Energy’s (DOE) Innovation Network for Fusion Energy (INFUSE) programme, one on fusion targets with Cornell University and one…
DOE selects 28 projects for $8.5m INFUSE funding 3 November 2026 The US Department of Energy (DOE) has selected 28 projects for fiscal year 2026 funding under its Innovation Network for Fusion Energy (INFUSE) programme, with $8.5m in total. The projects…
Blue Laser Fusion raises $34.1m from private placement 29 October 2026 Blue Laser Fusion has raised $34.12 million in gross proceeds from a private placement run alongside its reverse merger with Unite Acquisition 2 Corp., an SEC-reporting shell company that closed…
Helical Fusion & Gauss Fusion sign statement of intent 29 October 2026 Helical Fusion and Gauss Fusion have signed a joint statement of intent to advance the commercialisation of their stellarator designs: Helical Fusion’s helical stellarator and Gauss Fusion’s modular stellarator. The…
Proxima Fusion & Kyoto Fusioneering expand cooperation 28 October 2026 Proxima Fusion and Kyoto Fusioneering have signed a memorandum of understanding to expand their cooperation on next-generation gyrotrons for plasma heating and on fuel cycle technology. The companies signed the…
Proxima Fusion & Fujikura sign HTS tape factory MoU 28 October 2026 Proxima Fusion and Fujikura have signed a memorandum of understanding to explore a manufacturing facility for high-temperature superconducting (HTS) tape in Germany, with the a focus on Lower Saxony. Fujikura…
Helion and CFS in line for $260m in US CHIPS funding 22 October 2026 Helion has signed a letter of intent with the US Department of Commerce for up to $175m to develop and make high-voltage power semiconductors and power modules for its fusion…
Cambridge Heavy Industries raises $6.2m in Seed round 22 October 2026 Cambridge Heavy Industries, a Massachusetts developer of laser-driven fusion machines, has emerged from stealth and announced $6.2m Seed round led by Azolla Ventures. Overlay, the Massachusetts Clean Energy Center (MassCEC),…
Israel’s energy ministry recommends NIS 500m–1bn for fusion 22 October 2026 Israel’s Ministry of Energy and Infrastructure has recommended investing NIS 500m to NIS 1bn ($161m to $322m) over five to seven years to develop fusion research infrastructure and support technology…
Hephaestus exits stealth with $17.2m for HTS & fusion power 21 October 2026 Hephaestus, a fusion company founded in London in 2019 that is developing high-temperature superconducting (HTS) magnets and a negative triangularity tokamak, has emerged from stealth having raised $17.2m. CiRi Ventures…
