Annual funding for the fusion industry saw a record year of $4.48bn raised in the 12 months leading to July 2026, according to The Global Fusion Industry in 2026 Report by the Fusion Industry Association (FIA). The fusion sector has reported a total of $14.24bn since the annual survey began in 2021 and now employs over 16,000 people.
Supply chain spending by the fusion industry increased by 24% in 2025, according to The Fusion Industry Supply Chain 2026, the annual report from the Fusion Industry Association (FIA), published on June 23.
The UK Government issued its 2026 fusion energy strategy, with the focus squarely on industrial growth.
The Fusion Industry Association (FIA) welcomed the successful conclusion of the European Parliament hearing “Fusion Energy in Europe: Call for Action,” held in Brussels. The high-level event brought together European policymakers, industry leaders, investors, and innovators to examine how Europe can translate growing political momentum behind fusion energy into a concrete industrial opportunity.
Global electricity demand is surging, driven by artificial intelligence and data centers, advanced manufacturing, quantum computing, and cryptocurrency. Fusion offers the promise of virtually unlimited, secure, and affordable power that will transform the global economy for generations. It is the key to unlocking the energy leadership required to compete and win as a country. And with the private sector’s push to deliver electrons on the grid in the early 2030s, commercial fusion is no longer a question of “when.” It is a question of who does it first and where.
The fusion industry raised $2.64 billion in private and public funding in the 12 months leading to July 2025, according to the annual Global Fusion Industry Report by the Fusion Industry Association (FIA). The figure marks a significant increase from 2024 and is the second highest yearly fusion funding figure since the report began, after the 2022 record year.
FIA welcomes British Government’s long term commitment to transformational clean energy.
The global fusion supply chain is expanding rapidly to support the “business of fusion”, according to a new report by the Fusion Industry Association published today. The Fusion Industry Supply Chain – 2025 edition found that supply chain spending by fusion companies grew by 73% to $434 million in 2024, from around $250 million in 2023*. It is projected to be much higher since not all fusion companies responded. Spending is expected to grow by another 25% this year.
UK can lead £31 trillion Global Fusion Industry, but government needs to act now to attract fusion companies, says Fusion Industry Association.
The fusion industry has now attracted over $7.1bn of investment, according to an annual report by the Fusion Industry Association (FIA), with over $900 million of new funds backing the technology since last year. As part of that, total public funding increased by 57% in the last 12 months to $426m, showing governments increasingly see public-private partnerships as central to making commercial fusion a reality.
Magnetic confinement: Plasma is heated to 100 million °C or more, then squeezed and held in place by strong magnetic fields, allowing many fusion reactions to occur. (Example: tokamaks, stellarators)
Inertial confinement: Tiny fuel pellets are struck by powerful lasers. The outer layer explodes outward, compressing the core to fusion conditions for a few nanoseconds, producing a brief but intense pulse of energy from each pellet. (Example: National Ignition Facility)
Hybrid systems: Combine compression (e.g., from lasers, plasma pistons, or mechanical impact) with moderate magnetic fields to reduce energy losses and improve confinement.
Electrostatic fusion: Uses high electric potentials to accelerate ions toward a central reaction zone, causing them to collide at high energies and fuse. The ions are guided and confined by electric fields rather than magnets, creating a compact environment for fusion reactions.