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 reac…
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.
Source: TechCrunch
🔑 Key Takeaways
- Wire dispatch directly ingested from TechCrunch.
- Published at Thu, 10 Sep 2026 18:38.
- Source URL: https://techcrunch.com/2026/09/10/proxima-fusion-bets-e140m-on-a-critical-fusion-ingredient-dominated-by-asian-suppliers/