Fusion startup Tokamak Energy attracts $125M for its egg-like reactor design [TechCrunch]
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Source: TechCrunch
pie-in-the-sky technology that appears to be inching its way toward commercial viability. The latest exhibit: Tokamak Energy , a UK-based startup that's working to refine its squeezed-doughnut approach to fusion power. The company announced Tuesday that it had raised $125 million to continue development of the reactor design and expand its TE Magnetics division. Tokamak Energy has been working on fusion since 2009, when it was spun out from the UK Atomic Energy Authority. The startup is pursuing what's known as magnetic confinement fusion, which uses magnets to corral searing-hot plasma inside a reactor. This forces the plasma into a doughnut shape, but unlike other approaches, Tokamak Energy's spherical tokamak takes that doughnut and squeezes it at the circumference. Its ST40 prototype generated a record-setting 100 million degree C plasma in 2022. Tokamak Energy is aiming to operate a pilot power plant starting by 2034, the Telegraph reported , which puts it approximately on
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