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importantSYS.SOURCE: TechCrunch2026-07-27T20:40:12Z

Thea Energy Secures $20M Federal Grant for Fusion Reactor Magnet Development

Thea Energy has received a $20 million federal grant from ARPA-E to develop high-temperature superconducting (HTS) magnets for fusion reactors. The company's modular design approach reduces manufacturing costs by using standardized magnet templates and software-controlled fine-tuning.

Fusion power startup Thea Energy snagged a $20 million award from ARPA-E to scale production of its high-temperature superconducting magnets.

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