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Thea Energy lands $20M federal grant to build its magnets for fusion reactors

Thea Energy has secured a $20 million federal grant aimed at advancing fusion technology. This funding will support the manufacturing of high-temperature superconducting magnets, essential for their innovative stellarator reactor design and...

TechCrunch· Jul 28, 2026 · 10:23 AM · 96 views

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Thea Energy has secured a $20 million federal grant aimed at advancing fusion technology. This funding will support the manufacturing of high-temperature superconducting magnets, essential for their innovative stellarator reactor design and plans for a commercial-scale fusion power plant by the mid-2040s.

Full story and more reels: https://newsreel.video #news #breaking #fusion #energy #innovation #technology #grants #sustainability

Originally reported by TechCrunch. Read the full story →

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