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Article TechCrunch

Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers

TechCrunch September 10, 2026 · 6:38 pm Read Original
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−100 Bearish 0 +100 Bullish
Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers

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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Article Info
Source TechCrunch
Published Sep 10, 2026 · 6:38 pm
Article ID r1pszst
Original URL Open source
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Neutral 0.0
−100Neutral+100
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