Proxima Fusion is investing €140 million to build a factory producing fusion-grade high-temperature superconducting (HTS) tape, a critical component for its reactor design. The move aims to reduce dependence on Asian suppliers who currently dominate the HTS tape market.
Background
High-temperature superconducting tape is essential for building compact, powerful fusion magnets. Currently, production capacity is heavily concentrated in Asian companies, creating supply chain vulnerability for Western fusion startups.
- Source
- TechCrunch
- Published
- Sep 11, 2026 at 02:38 AM
- Score
- 7.0 / 10