Proxima Fusion seeks €2 Billion to build a nuclear fusion test facility

AI Summary1 min read

TL;DR

Proxima Fusion aims to raise €2 billion, with over half from the German government, to build a fusion test facility in Germany, advancing toward commercial fusion power.

Tags

Deep techEuropeNext Featured

Proxima Fusion, a Munich-based nuclear energy startup, has outlined plans to raise about €2 billion to build a major fusion test facility in Germany that could be a milestone on the path to commercially viable fusion power. The company expects more than half of that, roughly €1.2 billion, to come from the German federal government, […]



This story continues at The Next Web

Visit Website