Ai Tech
Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers
TechCrunch·September 10, 2026·1 min read
Proxima Fusion announced Wednesday plans to build a €140 million ($162.6 million) factory to produce fusion-grade high-temperature superconducting (HTS) tape, a critical component for its reactor design. The move aims to reduce reliance on Asian suppliers and secure a key element of its fusion technology.
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