World’s first commercial stellarator is built in Munich

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Proxima Fusion just raised €411 million to build the world’s first commercial stellarator.

Backed by a public-private investment of ¥3.1 trillion, Japan aims to achieve fusion power generation in the 2030s and capture 30% of the global market.

China’s just completed a 582 tonne toroidal field superconducting magnet, it is now the largest superconducting magnet ever constructed for a fusion reactor. Developed by the Institute of Plasma Physics under the Chinese Academy of Sciences, the magnet has officially passed expert review and represents one of the most significant milestones yet in humanity’s pursuit of controlled nuclear fusion.

AC

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