China is working to place itself at the forefront of fusion. Integral to its successes is a three-pronged strategy: setting research priorities for its scientists and engineers; providing vast amounts of funding; and building an industrial supply chain for the parts that fusion machines will need.
The United Kingdom has published its 2026 fusion strategy, focusing on commercialization. It commits to publishing a market framework for commercial fusion plants – the country the first in the world to do so.
Helical Fusion begins construction of its stellarator machine called Helix Haruka, hoping to begin experiments at the facility in 2027.
Proxima Fusion receives €400 million from Bavaria to build a fusion test facility.
SHINE Technologies announces $240 million raised in equity funding.
The proposed framework looks at the possession, use, and production of byproduct materials associated with fusion.
The Wisconsin Fusion Energy Coalition is to receive a $778,000 grant to support developing infrastructure for a fusion and supplier base in the state.
OpenStar Technologies hit a milestone as the first company to float a 500kg magnet, key for their commercial approach.
Helion announced a key milestone in its quest for fusion power. Plasmas inside the company’s Polaris prototype machine have reached 150 million degrees Celsius, three-quarters of the way toward what the company anticipates it will need to operate a commercial fusion power plant.
Fusion developer Inertia has raised $450 million to build one of the world’s most powerful lasers for their fusion approach.