from Hacker News

German startup wins initial funding for revolutionary fusion energy machine

by moh_maya on 5/30/23, 5:25 AM with 2 comments

• by moh_maya on 5/30/23, 5:25 AM

  'Proxima Fusion, incorporated in January, aims to build a complex device known as a stellarator and is the latest company to join the emerging fusion industry’s effort to generate electricity by fusing atoms.

  Although the amount of funding is small at only €7mn, it is significant as Proxima is the first fusion company to spin out of Germany’s revered Max Planck Institute for Plasma Physics.' [0]

  Joins a few other stellerator-based fusion startups.. what an exciting time..

  [0] https://www.ft.com/content/c777f0db-1a4b-4ced-b02a-c27178032... (same link as the title I submitted)