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German startup wins initial funding for revolutionary fusion energy machine

5 pointsby moh_mayaabout 2 years ago

1 comment

moh_mayaabout 2 years ago
&#x27;Proxima Fusion, incorporated in January, aims to build a complex device known as a stellarator and is the latest company to join the emerging fusion industry’s effort to generate electricity by fusing atoms.<p>Although the amount of funding is small at only €7mn, it is significant as Proxima is the first fusion company to spin out of Germany’s revered Max Planck Institute for Plasma Physics.&#x27; [0]<p>Joins a few other stellerator-based fusion startups.. what an exciting time..<p>[0] <a href="https:&#x2F;&#x2F;www.ft.com&#x2F;content&#x2F;c777f0db-1a4b-4ced-b02a-c27178032a50" rel="nofollow">https:&#x2F;&#x2F;www.ft.com&#x2F;content&#x2F;c777f0db-1a4b-4ced-b02a-c27178032...</a> (same link as the title I submitted)
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