EU-Startups· David Cendon Garcia·· 5 hours agoAI Score40
Proxima Fusion Signs Japan MoU to Build Fusion Supply Chain During Merz Visit
As Merz visits Japan, energy startup Proxima Fusion moves to secure Germany’s place in the global fusion race
AI Overview
Proxima Fusion signed an MoU with Kyoto Fusioneering during Chancellor Merz's Japan visit to strengthen the supply chain for Germany's commercial fusion ambitions. The partners will expand joint work on next-generation gyrotrons for plasma heating and fuel cycle technologies, supporting Proxima's Alpha demonstrator targeted for the early 2030s. Proxima has raised over €650M in funding and public grants, including a €411M round in July 2026.
Source:EU-Startups · eu-startups.com