ClimateTech.euabout 1 hour ago
Proxima Fusion Signs Two Japanese Partnerships
4 min read
German fusion firm Proxima Fusion signed MoUs with Japanese companies Fujikura and Kyoto Fusioneering in Tokyo during Chancellor Friedrich Merz's visit. The deals target HTS tape manufacturing in Lower Saxony and plasma heating technologies to support the Alpha demonstrator and Stellaris commercial power plants planned for the early 2030s. Proxima raised €411 million in July at a €2.4 billion valuation.
Level
Hype check
Tap to vote and see what everyone thinks.
