Strategic investment

Helion Energy’s Orion fusion power plant project moves forward with a construction permit in Washington State, reinforcing the company’s industrial ambitions for a commercial launch in 2028.
A technical study commissioned by Novatron Fusion Group identifies Finland as the most prepared country to host a fusion reactor, despite favourable conditions across the Nordic region.

Gauss Fusion unveils Europe’s first industrial design for a fusion power plant

Gauss Fusion has released a full-scale plan for GIGA, its first commercial fusion power plant, amid Germany’s growing ambition to lead the future energy race.
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ITER and its partner Demathieu Bard have completed the control building of the fusion reactor in Cadarache, marking a key step in the site’s technical management as preparations for future operational phases continue.
First Light Fusion presents FLARE, an inertial fusion concept targeting a gain of 1,000, with development costs said to be well below current benchmarks thanks to existing technologies and a deployment model based on partnerships.

Eni secures more than $1bn of fusion electricity from CFS

Eni signs a power purchase agreement worth more than $1bn with Commonwealth Fusion Systems for the 400 MW ARC plant in Virginia, extending a cooperation begun in 2018 and entering a commercial phase.
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Tennessee Valley Authority signs a Letter of Intent with Type One Energy for a 350 MWe stellarator project at Bull Run, designed for baseload and intended to meet rising electricity demand.
Commonwealth Fusion Systems raised $863mn in an oversubscribed round to finalise SPARC and accelerate construction of its ARC fusion plant in Virginia, strengthening its position in the global fusion energy sector.

General Atomics invests $20mn in Canadian joint venture on tritium

General Atomics injects $20mn into Fusion Fuel Cycles, a joint venture between Canada and Japan, to develop a facility dedicated to the tritium fuel cycle, a central element for the industrial viability of nuclear fusion.
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The American start-up promises an energy revolution in 2028 with its unique deuterium-helium-3 technology. Between immense technical challenges and a bold financial gamble.
The UK government is introducing specific rules to facilitate the development of nuclear fusion projects, aiming to position the UK as a global leader in this emerging technology.

The European Commission commits EUR202mn to the IFMIF-DONES fusion accelerator

The European Union is investing EUR202mn in the IFMIF-DONES project in Granada to test materials intended for future fusion power plants, in cooperation with Spain, Croatia, Italy, and Japan.
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Westinghouse Electric Company signs a $180mn contract with ITER Organization to complete the final assembly of the vacuum vessel for ITER’s experimental nuclear fusion reactor, currently under construction in Cadarache, southern France.
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.

UK invests £2.5 billion to lead global nuclear fusion sector

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.
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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.
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.

Israel launches strategic forum to structure its fusion energy industry

nT-Tao hosts the first Israel Fusion Forum to establish a national industrial ecosystem in a global sector valued in the trillions of dollars.
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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.
CEA and CNRS deploy SupraFusion, a project funded by France 2030, to develop high-temperature superconductors for nuclear fusion and industrial applications.