Funding for Tokamak Energy

IOM3 Content Cafe
,
24 Jul 2020
Tokamak Energy's ST40 device

Tokamak Energy, a private company working to develop compact fusion power based in Milton Park, Didcot, UK, has been awarded £10miln from the Department for Business, Energy and Industrial Strategy, as part of the UK Government’s Advanced Modular Reactor (AMR) project.

The company is working on core development for key fusion technologies, such as high temperature superconducting magnets and plasma exhaust (or ‘divertor’) technologies. Tokamak Energy was the only fusion company to be awarded AMR funding, the other companies chosen are developing advanced fission technologies.