Proxima Fusion raised €411 million ($468 million) to advance its stellarator fusion technology, supporting the Alpha demonstrator project in Germany. The funding makes it Europe’s best-funded fusion company and accelerates commercial fusion development.
The United Kingdom Atomic Energy Authority (UKAEA) and Eni have launched RH3OVA, a UK-based joint venture aimed at supporting the global fusion energy sector with specialist consultancy and operational services.
NGK Corporation and Kyoto Fusioneering (KF) have formed a strategic partnership to develop and commercialise FLiBe, a molten salt made from lithium fluoride and beryllium fluoride, for use in future fusion power plants and demonstration facilities.
