Friday, June 20, 2025
CN
  • About
  • Advertise
  • Careers
  • Contact
Money Compass
  • Home
  • Financial News
  • Investment News
  • Other News
    • Bursa News
    • Government News
    • Listing Companies News
    • Oversea Financial & Investment News
  • Interviews
    • Features Interviews
    • Corporate Interviews
  • Financial & Investment Articles
  • PR Newswire
  • Login
No Result
View All Result
Money Compass
Home PR Newswire

Faraday Factory Japan signed an agreement to deliver superconductor tape for the demo stellarator magnet of Proxima Fusion

Money Compass by Money Compass
June 20, 2025
in PR Newswire
0
Faraday Factory Japan signed an agreement to deliver superconductor tape for the demo stellarator magnet of Proxima Fusion
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Proxima Fusion’s first-of-a-kind power plant Stellaris will use high temperature superconductor magnets to confine the burning plasma

TOKYO, June 20, 2025 /PRNewswire/ — Proxima Fusion and Faraday Factory Japan have signed a contract for the supply of high temperature superconducting (HTS) tape. This delivery will help the leading European stellarator developer Proxima Fusion to achieve its next milestone – a superconducting demo magnet.

Related posts

“Global Connectivity • Industry Interaction” International Sports Industry Salon Held in Hong Kong

“Global Connectivity • Industry Interaction” International Sports Industry Salon Held in Hong Kong

June 20, 2025
HKRI Taikoo Hui HKRI Centres Unveils TERRA: A Pioneering Third Space for the Future of Work

HKRI Taikoo Hui HKRI Centres Unveils TERRA: A Pioneering Third Space for the Future of Work

June 20, 2025


Proxima Fusion’s first-of-a-kind power plant Stellaris will use high temperature superconductor magnets to confine the burning plasma

Stellarators are fusion machines which contain hot, ionized matter (plasma) within a magnetic field of remarkable strength and sophisticated geometry. Significant progress including the highest plasma triple product sustained for tens of seconds was attained recently with the W7-X stellarator, which is built and operated by the Max Planck Institute of Plasma Physics (IPP) in Germany. Proxima Fusion, originally spun out from the IPP, is building on the record-breaking expertise of W7-X, combining it with advances in stellarator optimization, computational design and state-of-the-art HTS magnet technology.

After completing delivering its demo magnet in 2027, Proxima will focus on the delivery of Alpha in 2031, Proxima’s net-energy demo stellarator, followed by the first-of-a-kind commercial fusion power plant Stellaris in the 2030s. Timely supply of high-quality HTS tape is essential to keep fusion on fast track. While it takes thousands of kilometers of superconducting tape to build a typical energy-positive fusion prototype, scaling up the fusion industry to commercial power will require millions of kilometers.

Since 2020, Faraday Factory has ramped up production by 10 times. The new HTS tape delivery contract is an important milestone, further strengthening the HTS supply chain for the nascent but transformative fusion industry.


Faraday Factory Japan, the world’s largest manufacturer of high-temperature superconductors (PRNewsfoto/Faraday Factory Japan)

Cision View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/faraday-factory-japan-signed-an-agreement-to-deliver-superconductor-tape-for-the-demo-stellarator-magnet-of-proxima-fusion-302486204.html

SOURCE Faraday Factory Japan

​ 

Previous Post

SINGAPORE’S ONLY FESTIVAL, IT’S THE SHIP, UNVEILS EXPLOSIVE FIRST ARTIST ANNOUNCEMENT FOR ASIA’S LARGEST FESTIVAL AT SEA

Next Post

GSMA to launch M360 ASEAN 2026 in Kuala Lumpur, Supporting ‘ASEAN 2045: Our Shared Future’

Next Post
GSMA to launch M360 ASEAN 2026 in Kuala Lumpur, Supporting ‘ASEAN 2045: Our Shared Future’

GSMA to launch M360 ASEAN 2026 in Kuala Lumpur, Supporting 'ASEAN 2045: Our Shared Future'

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel business Champions League Chopper Bike Doctor Terawan industrial Istana Negara Malaysia Market Stories National Exam net zero emissions targets 2025 Renewable energy Visit Bali

Recent News

  • “Global Connectivity • Industry Interaction” International Sports Industry Salon Held in Hong Kong
  • HKRI Taikoo Hui HKRI Centres Unveils TERRA: A Pioneering Third Space for the Future of Work
  • HKRI Taikoo Hui HKRI Centres Unveils TERRA: A Pioneering Third Space for the Future of Work

Category

  • Blog
  • Bursa News
  • Corporate Interviews
  • Features Interviews
  • Financial & Investment Articles
  • Financial News
  • Government News
  • Investment News
  • Listing Companies News
  • Oversea Financial & Investment News
  • PR Newswire
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Features Interviews
  • Government News
  • Financial News
  • Investment News
  • Listing Companies News
  • Corporate Interviews
  • Bursa News
  • Financial & Investment Articles
  • Oversea Financial & Investment News

Copyright © 2024 Money Compass Media (M) Sdn Bhd. All Rights Reserved