Tokamak Energy secures $125M to commercialise fusion power

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The story "Tokamak Energy secures $125M to commercialise fusion power" was covered 4 days ago by The Next Web, a news publisher based in Netherlands.

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The Next Web 4d ago

Tokamak Energy secures $125M to commercialise fusion power - The Next Web

Quick Summary:

British scaleup Tokamak Energy has secured $125mn as it looks to harness fusion — the same clean, virtually limitless energy source that powers the Sun and stars. Tokamak spun out from the UK’s Atomic Energy Authority in 2009.

As its name suggests, the company is building a tokamak reactor, the most common kind of fusion design, first pioneered in the 1960s.

Tokamaks use giant magnets to keep plasma moving in a loop while running an electrical current through it.