importantSYS.SOURCE: TechCrunch• 2026-09-10T18:38:00Z

Proxima Fusion Invests €140M in High-Temperature Superconducting Tape for Fusion Reactors

#fusion power #startups #hardware

Proxima Fusion is investing €140 million to build a factory producing high-temperature superconducting (HTS) tape, a critical component for its fusion reactors. The move highlights the reliance on Asian suppliers for this key material, which enables more efficient and compact fusion reactor designs.

Proxima Fusion said Wednesday it plans to build a €140 million ($162.6 million) factory to produce fusion-grade high-temperature superconducting (HTS) tape, which will provide the startup with key component to its reactor design.

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