We are developing the technology to deliver clean, secure and affordable fusion energy in the 2030s. Tokamak Energy was founded in 2009 as a spin-off from UK Atomic Energy Authority (UKAEA). Our US subsidiary, Tokamak Energy Inc, was established in 2019. We are the only private fusion company with over a decade’s experience developing the two technologies that offer the most efficient and commercially attractive route to fusion energy; the compact spherical tokamak and high temperature superconducting (HTS) magnets. TE Magnetics, our dedicated HTS magnet business division, is focussed on becoming the leading supplier of HTS technology for fusion and other exciting new applications, including science, renewable energy and propulsion on land, in water air and space.
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|---|---|---|---|---|---|
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Fusion energy startups raised $1.6B but disagree on IPO timing. TAE Technologies and General Fusion pursue public listings before achieving scientific breakeven, sparking industry debate over premature commercialization risks.
US DOE, UK DESNZ, and Tokamak Energy announce $52M collaboration to upgrade ST40 fusion facility, advancing fusion science for future pilot plant development.
UK and Japan agree on investments exceeding £18 billion, creating tens of thousands of jobs across infrastructure, financial services, and offshore wind sectors, while launching new technology partnerships.
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