Industry News

Max Planck spinout nets €20M to build ‘stellarator’ fusion machine

A German startup has secured new funding for a peculiar twisted-looking reactor that could prove a quicker path to clean, virtually limitless fusion energy.  Proxima Fusion has raised €20mn as it looks to bring its designs for the so-called stellarator fusion reactor to life.  “We are working to deliver a demonstrator of net-energy production in continuous operation by 2031, and a first-of-a-kind power plant in the mid-2030s,” Dr Francesco Sciortino, CEO and co-founder of Proxima Fusion, told TNW via email. Much like the more well-known tokamak, a stellarator confines plasma using giant magnets. But instead of generating electric currents inside…This story continues at The Next Web