importantSYS.SOURCE: TechCrunch• 2026-09-10T18:38:00Z
Proxima Fusion Invests €140M in High-Temperature Superconducting Tape for Fusion Reactors
Proxima Fusion is investing €140 million to build a factory producing high-temperature superconducting (HTS) tape, a critical component for fusion reactors. The move highlights reliance on Asian suppliers and the technology's role in advancing compact, efficient 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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