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Google has concluded a historic agreement to purchase 200 megawatts of fusion energy from Commonwealth Fusion Systems, marking the entry of technology giants into the commercial era of this new energy form.
With a major investment of £2.5 billion, London confirms its ambitious nuclear fusion strategy through the STEP project, aiming to build an industrial prototype by 2040 that will generate jobs, innovation, and economic growth.

Proxima Fusion secures €130 million to accelerate its stellarator project

German company Proxima Fusion, specialized in nuclear fusion, has announced a €130 million funding round aimed at building a stellarator, an alternative technology designed to achieve industrial-scale fusion energy.
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The European Commission opens a four-week consultation to define industrial and regulatory priorities for the EU’s first fusion energy strategy, expected by the end of 2025.
nT-Tao hosts the first Israel Fusion Forum to establish a national industrial ecosystem in a global sector valued in the trillions of dollars.

ITER to open its facilities to the public on 17 May in Saint-Paul-lès-Durance

The international ITER project is organising an open day at its nuclear fusion site in the Bouches-du-Rhône, with teams mobilised to showcase the progress of the experimental installation to the public.
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CEA and CNRS deploy SupraFusion, a project funded by France 2030, to develop high-temperature superconductors for nuclear fusion and industrial applications.
US-based TAE Technologies claims it has reduced the size, complexity and cost of its fusion devices by validating a new plasma formation method in a next-generation machine.

Marvel Fusion secures additional €50 mn for its laser nuclear reactor programme

Marvel Fusion extends its Series B funding to €113 mn with backing from Siemens Energy, EQT Ventures and the European Innovation Council, aiming to build a laser fusion reactor prototype by 2032.
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The West Burton site, selected for the prototype STEP fusion plant, is set to generate thousands of jobs and hundreds of millions of pounds annually, according to a study commissioned by Nottinghamshire County Council.
A memorandum of understanding has been signed to develop a nuclear fusion power plant using laser technology in Biblis, Hesse, by 2035. The project brings together the regional government, industrial companies, and scientific institutions to structure a fusion energy sector.

UKAEA and Eni partner for a tritium fuel cycle facility in fusion energy

The United Kingdom Atomic Energy Authority (UKAEA) and Italian company Eni announce a partnership to build the world's largest tritium fuel cycle facility. This project, located in England, aims to optimise tritium management for future fusion power plants.
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Israeli nuclear fusion pioneer nT-Tao receives $5 million in funding from the Israel Innovation Authority to accelerate the development of its compact fusion demonstrator. This marks the fourth consecutive time the company has received such support.
Industry, academic, and government experts gathered at the IEA CERT thematic workshop to discuss public-private collaboration and funding priorities for the development of fusion energy.

First Light Fusion modifies its strategy and abandons nuclear power plant plans

The British company First Light Fusion announces a major strategic shift: it will now focus on commercial partnerships for its amplification technologies, abandoning its nuclear fusion power plant project.
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French researchers have achieved a new milestone in fusion experiments by recording a world record for plasma confinement duration, a crucial step toward harnessing fusion energy.
The SMART tokamak, a nuclear fusion experimental device, has generated its first plasma. This major breakthrough marks a turning point in the quest for a compact and efficient fusion reactor.

Record Investments in Fusion Energy: $7 Billion in 2024

Fusion energy reached $7 billion in investments in 2024, driven by businesses seeking efficient energy alternatives. Small Modular Reactors (SMR) have gained significant interest, particularly in industrial sectors.
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The American company Commonwealth Fusion Systems (CFS) has selected Chesterfield County, Virginia, to build a fusion power plant, a global first that could revolutionize clean and reliable energy by the 2030s.
Tokamak Energy announces a $125 million funding round, marking a key step toward the commercialization of fusion energy and the development of high-temperature superconducting technologies. A strategic global collaboration to address energy challenges.