Munich-based Proxima Fusion raises €7 million to bring in the next generation fusion power plants

Published on May 30, 2023

Fusion is the process that powers the stars. To make it possible on Earth, one can confine high-energy ionized matter, called “plasma”, via magnetic fields. Tokamaks and stellarators are two approaches that do so by creating a magnetic “cage” in doughnut-shaped devices. The opportunity to leverage fusion as a safe, clean, and abundant energy source…

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