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Astral Systems has secured a £23 million first close led by Mercia Ventures, bringing total funding past £28 million. The Bristol startup will scale production of medical radioisotopes for cancer diagnosis and treatment, targeting market availability by early 2027. Its multi-state fusion reactors are already operational at Technology Readiness Level 9.
Astral Systems raised £23 million in the first close of its Series A funding round. The company secured the capital to advance its fusion energy technology. The funding round remains open for additional investment.
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