New Jersey has announced a $49 million investment to launch HAX Plasma Forge, a new strategic innovation center focused on commercializing plasma research. The facility will be developed in partnership by New Jersey Economic Development Authority (NJEDA), SOSV, and Princeton Plasma Physics Laboratory (PPPL).
Japan and the UK will collaborate on fusion to achieve viable demonstration by the 2030s, combining the UK’s remote-controlled robot technology with Japan’s manufacturing capabilities.
The Fusion Industry Association has released a new position paper: Efficient Permitting for Fusion. With 89% of fusion developers confident they will bring fusion power to market by the 2030s or sooner, the paper outlines permitting policies needed to support the efficient deployment of fusion power plants.
On 11 June, the Fusion Industry Association (FIA), together with Fusion for Energy (F4E), hosted a session titled Powering the Future: Securing Europe’s Leadership in Fusion Energy as part of the 2025 edition of the EU Sustainable Energy Week (EUSEW). As the European Commission’s flagship event on energy and the largest conference in Europe dedicated to renewables and energy efficiency, EUSEW offered a high-profile platform to spotlight fusion’s growing strategic role in the EU’s energy agenda.
The UK government has announced more than £2.5 billion of investment into fusion energy over the next five years as part of its Spending Review.
EX-Fusion has secured $18.1m in funding to develop fusion technology and enable future applications in manufacturing, healthcare, and space exploration.
US Energy Secretary Chris Wright told lawmakers he is advocating for nuclear, geothermal, and fusion to receive tax credit treatment as emerging energy sources.
The National Ignition Facility achieved fusion ignition for the eighth time on April 7, setting records for energy yield and target gain with a new fuel-capsule design.
Germany-based Proxima Fusion has raised €130 million in Europe’s largest private fusion investment round as the company works to develop their stellarator-based fusion power plant.
On June 4, Japan announced an updated national Fusion Energy Innovation Strategy, signaling a strong push to commercialize fusion power amid accelerating global progress and rising international competition. The revised strategy outlines a 10-year vision to industrialize fusion power and establish Japan as a global commercial leader.