UKAEA invests £3.5m in fusion sensing technologies 27 March 2025 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
Novatron Fusion gains €3m EIC Grant 9 December 2024 Exclusive member content If you are a FusionXInvest member, please login to continue reading. Not yet a member? View our subscription options or begin a trial membership today to get…
Kyoto Fusioneering adds US$9.9m in Series C extension 11 April 2024 Kyoto Fusioneering has secured 1.5 billion yen in a Series C extension round from new investors, leading to a total of 12.0 billion yen in Series C and 13.7 billion…
UKAEA awards £11.6m to develop fusion energy technologies 6 December 2023 The UKAEA has awarded £11.6m in contracts to nine organizations, including start-ups, SMEs, established companies, and academia, to develop innovative fusion energy technologies. The contracts, ranging from £500,000 to £1.4m,…
UKAEA awards £6.8m for fusion digital engineering & fuel 8 June 2023 The UKAEA has awarded £6.8m in contracts to seven organizations, supporting digital engineering and fusion fuel requirements. These contracts, part of the Fusion Industry Programme, aim to bring technologies to…
UKAEA awards £3.1m of contracts to fusion 28 February 2023 Eighteen organizations have secured contracts with the UKAEA for feasibility studies aimed at advancing fusion energy commercialization. The contracts, worth £50,000 to £200,000, are funded by the Fusion Industry Programme.…
UK Government commits over £220m to prototype Spherical Tokamak for Energy Production (STEP) 27 January 2023 The UK government has created 'UK Industrial Fusion Solutions Ltd' to build a prototype Spherical Tokamak for Energy Production (STEP) plant by 2040. With an initial funding of £220 million,…
Kyoto Fusioneering Ltd & Kyoto Fusioneering UK Ltd. sign a joint ¥100m loan agreement 7 March 2022 Kyoto Fusioneering Ltd and its UK subsidiary, Kyoto Fusioneering UK Ltd., have secured a ¥100m joint loan from Japan Bank for International Cooperation (JBIC) and MUFG Bank, Ltd. The funds,…
UKAEA awards £2.3m of fusion energy innovation contracts 12 November 2021 Fifteen organizations have won contracts from UKAEA as part of the 'Fusion Industry Programme' to showcase their innovative solutions for commercial fusion energy development. The projects aim to address challenges…