Tokamak Energy

General Atomics and Tokamak Energy Announce Collaboration Regarding High Temperature Superconducting Magnet Technologies

Retrieved on: 
Tuesday, May 30, 2023

The collaboration would leverage GA’s world-leading capabilities for manufacturing large-scale magnet systems and Tokamak Energy’s pioneering expertise in HTS magnet technologies.

Key Points: 
  • The collaboration would leverage GA’s world-leading capabilities for manufacturing large-scale magnet systems and Tokamak Energy’s pioneering expertise in HTS magnet technologies.
  • Tokamak Energy is a leader in HTS magnet modelling, design and prototyping and GA has expertise in developing and fabricating large-scale superconducting magnets for fusion applications.” said Anantha Krishnan, Senior Vice President at General Atomics.
  • Warrick Matthews, Managing Director at Tokamak Energy, said: “GA has significant experience, knowledge and facilities to produce large superconducting magnets at scale.
  • Tokamak Energy has been a pioneer in recognizing the opportunity to apply and develop HTS magnet technology for fusion energy.

TOKAMAK ENERGY ANNOUNCES ST80-HTS ADVANCED PROTOTYPE ON PATH TO DEMONSTRATE GRID READY FUSION POWER IN THE EARLY 2030s

Retrieved on: 
Wednesday, October 26, 2022

ST80-HTS will demonstrate multiple advanced technologies required for the delivery of commercial fusion energy.

Key Points: 
  • ST80-HTS will demonstrate multiple advanced technologies required for the delivery of commercial fusion energy.
  • This in turn, will demonstrate the capability to deliver electricity into the grid in the early 2030s, producing up to 200 MW of net electrical power.
  • ST80-HTS will achieve higher sustained triple product (nTE) than any previous fusion device, approaching the level required for commercial fusion energy.
  • Earlier this year, the company's ST40 spherical tokamak reached a world record-breaking 100M C plasma temperature in a compact spherical tokamak the threshold for commercial fusion energy.

TOKAMAK ENERGY ANNOUNCES ST80-HTS ADVANCED PROTOTYPE ON PATH TO DEMONSTRATE GRID READY FUSION POWER IN THE EARLY 2030s

Retrieved on: 
Wednesday, October 26, 2022

ST80-HTS will demonstrate multiple advanced technologies required for the delivery of commercial fusion energy.

Key Points: 
  • ST80-HTS will demonstrate multiple advanced technologies required for the delivery of commercial fusion energy.
  • This in turn, will demonstrate the capability to deliver electricity into the grid in the early 2030s, producing up to 200 MW of net electrical power.
  • ST80-HTS will achieve higher sustained triple product (nTE) than any previous fusion device, approaching the level required for commercial fusion energy.
  • Earlier this year, the company's ST40 spherical tokamak reached a world record-breaking 100M C plasma temperature in a compact spherical tokamak the threshold for commercial fusion energy.

TOKAMAK ENERGY AND UKAEA TO COLLABORATE ON DEVELOPING SPHERICAL TOKAMAK TECHNOLOGY FOR COMMERCIAL FUSION ENERGY

Retrieved on: 
Monday, October 10, 2022

OXFORD, England, Oct. 10, 2022 /PRNewswire/ -- Tokamak Energy and UK Atomic Energy Authority (UKAEA) have signed a framework agreement to enable closer collaboration on developing spherical tokamaks as a route to commercial fusion energy.

Key Points: 
  • OXFORD, England, Oct. 10, 2022 /PRNewswire/ -- Tokamak Energy and UK Atomic Energy Authority (UKAEA) have signed a framework agreement to enable closer collaboration on developing spherical tokamaks as a route to commercial fusion energy.
  • Tokamak Energy and UKAEA jointly recognise the importance of collaboration to accelerate the delivery of commercial fusion.
  • Both organisations have operational spherical tokamak devices, with Tokamak Energy's ST40 recently achieving a plasma temperature of 100 million degrees Celsius, the threshold required for commercial fusion energy.
  • Tokamak Energy is a leading global commercial fusion energy company based near Oxford, UK and is pursuing commercial fusion through the combined development of spherical tokamaks, with high temperature superconducting (HTS) magnets.

Sir David Harding Joins Tokamak Energy Board

Retrieved on: 
Thursday, March 10, 2022

OXFORD, England, March 10, 2022 /PRNewswire/ --Tokamak Energy has announced that Sir David Harding has joined its Board of Directors.

Key Points: 
  • OXFORD, England, March 10, 2022 /PRNewswire/ --Tokamak Energy has announced that Sir David Harding has joined its Board of Directors.
  • This is by far the highest temperature ever achieved in a spherical tokamak and by any private fusion energy company.
  • Sir David Harding said: "The 100 million degree plasma temperature milestone brings Tokamak Energy significantly closer to making commercial fusion energy a reality.
  • Tokamak Energy has raised 120 million to-date from leading UK and European investors, including institutional investor Legal & General, Sir David Harding, Lord Simon Wolfson, and Dr. Hans-Peter Wild.

Sir David Harding Joins Tokamak Energy Board

Retrieved on: 
Thursday, March 10, 2022

OXFORD, England, March 10, 2022 /PRNewswire/ --Tokamak Energy has announced that Sir David Harding has joined its Board of Directors.

Key Points: 
  • OXFORD, England, March 10, 2022 /PRNewswire/ --Tokamak Energy has announced that Sir David Harding has joined its Board of Directors.
  • This is by far the highest temperature ever achieved in a spherical tokamak and by any private fusion energy company.
  • Sir David Harding said: "The 100 million degree plasma temperature milestone brings Tokamak Energy significantly closer to making commercial fusion energy a reality.
  • Tokamak Energy has raised 120 million to-date from leading UK and European investors, including institutional investor Legal & General, Sir David Harding, Lord Simon Wolfson, and Dr. Hans-Peter Wild.

Tokamak Energy moves closer to commercial fusion: 100M degree plasma a world record for a spherical tokamak

Retrieved on: 
Thursday, March 10, 2022

OXFORD, England, March 10, 2022 /PRNewswire/ -- Tokamak Energy has demonstrated a world-first with its privately-funded ST40 spherical tokamak, achieving a plasma temperature of 100 million degrees Celsius, the threshold required for commercial fusion energy.

Key Points: 
  • OXFORD, England, March 10, 2022 /PRNewswire/ -- Tokamak Energy has demonstrated a world-first with its privately-funded ST40 spherical tokamak, achieving a plasma temperature of 100 million degrees Celsius, the threshold required for commercial fusion energy.
  • This achievement further substantiates spherical tokamaks as the optimal route to the delivery of clean, secure, low cost, scalable and globally deployable commercial fusion energy.
  • When combined with HTS magnets, spherical tokamaks represent the optimal route to achieving clean and low-cost commercial fusion energy.
  • Once realised, fusion energy will be clean, low cost, and globally deployable a key enabler for meeting world energy requirements and climate policy goals.

Tokamak Energy moves closer to commercial fusion: 100M degree plasma a world record for a spherical tokamak

Retrieved on: 
Thursday, March 10, 2022

OXFORD, England, March 10, 2022 /PRNewswire/ -- Tokamak Energy has demonstrated a world-first with its privately-funded ST40 spherical tokamak, achieving a plasma temperature of 100 million degrees Celsius, the threshold required for commercial fusion energy. 

Key Points: 
  • OXFORD, England, March 10, 2022 /PRNewswire/ -- Tokamak Energy has demonstrated a world-first with its privately-funded ST40 spherical tokamak, achieving a plasma temperature of 100 million degrees Celsius, the threshold required for commercial fusion energy.
  • This achievement further substantiates spherical tokamaks as the optimal route to the delivery of clean, secure, low cost, scalable and globally deployable commercial fusion energy.
  • When combined with HTS magnets, spherical tokamaks represent the optimal route to achieving clean and low-cost commercial fusion energy.
  • Once realised, fusion energy will be clean, low cost, and globally deployable a key enabler for meeting world energy requirements and climate policy goals.

Kyoto Fusioneering Raises US$18.6M in Oversubscribed Series B Funding Round and Debt Financing

Retrieved on: 
Wednesday, February 2, 2022

KYOTO, Japan, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Kyoto Fusioneering, the first fusion energy startup in Asia and Japan, has raised 1.33 billion yen (US$ 11.7 million) in its latest round of funding. The oversubscribed series B funding round was supported by existing investors, Coral Capital Co., and underwritten by five new investors from some of Japan's top VC firms (in alphabetical order): Daiwa Corporate Investment, DBJ Capital, JAFCO Group, JGC MIRAI Innovation Fund and JIC Venture Growth Investments. This capital increase brings the total amount of funds raised by Kyoto Fusioneering Ltd. to 1.67 billion yen (US$ 14.7 million).

Key Points: 
  • Kyoto Fusioneering Ltd - a fusion reactor technology company, based in Kyoto, Japan - has raised a total of US$18.6M in Series B funding and debt financing.
  • KYOTO, Japan, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Kyoto Fusioneering, the first fusion energy startup in Asia and Japan, has raised 1.33 billion yen (US$ 11.7 million) in its latest round of funding.
  • This capital increase brings the total amount of funds raised by Kyoto Fusioneering Ltd. to 1.67 billion yen (US$ 14.7 million).
  • Were excited to back Kyoto Fusioneering once again, and to see their incredible progress toward building out a fusion energy future.

Breakthrough in efficient powering of high-temperature superconducting (HTS) magnets

Retrieved on: 
Thursday, December 16, 2021

OXFORD, England, Dec. 16, 2021 /PRNewswire/ -- Tokamak Energy is announcing today the breakthrough design of cryogenic, or very low temperature, power electronics technology for the high-efficiency operation of its superconducting magnets. This will result in reduced costs of future fusion power plants – which is key to commercialising and scaling the technology.

Key Points: 
  • OXFORD, England, Dec. 16, 2021 /PRNewswire/ -- Tokamak Energy is announcing today the breakthrough design of cryogenic, or very low temperature, power electronics technology for the high-efficiency operation of its superconducting magnets.
  • The superconducting magnets are used in tokamak fusion reactors to contain and isolate plasma, so that it can reach the high temperatures at which fusion occurs.
  • One of the main challenges for the magnets is the cryogenic cooling system, which is one of the biggest power consumption loads on a tokamak.
  • Tokamak Energy is pursuing fusion through the combined development of spherical tokamaks along with high temperature superconducting (HTS) magnets.