Tokamak Energy has signed an agreement with Gauss Fusion to advance high-temperature superconducting (HTS) magnet technology and speed up the development of commercial fusion technology. The collaboration will focus on magnet design, system integration, and testing to support future commercial-scale fusion applications.
The partnership represents cross-European cooperation to share resources and expertise. The aim is to speed up the development and rollout of fusion technology, so it can move from laboratory research into power generation.
Speaking on the announcement signed at the company’s partner summit in Oxford, Warrick Matthews, Tokamak Energy CEO, said “This partnership combines Tokamak Energy’s innovative magnet technologies with Gauss Fusion’s extensive expertise in the industrialization of fusion energy. Together, we are accelerating the path toward practical fusion energy solutions.”
Milena Roveda, Gauss Fusion CEO, said: “Fusion is too big of a challenge for any single company or country to deliver alone. This is exactly the kind of pan-European alliance we need to pool our industrial know-how and strengthen Europe’s strategic autonomy in clean energy. By working together on critical magnet technology, we are turning public commitment into tangible action and accelerating the path to the first generation of European fusion power plants.”
Source: Tokamak Energy
About Tokamak Energy
Tokamak Energy, founded in 2009 as a spin-off from the UK Atomic Energy Authority, is a private company headquartered in Milton Park, Oxfordshire, UK. Specializing in the development of compact spherical tokamaks and high-temperature superconducting (HTS) magnets, the company aims to deliver commercially viable fusion energy solutions. Serving industries focused on clean energy and advanced scientific research, Tokamak Energy has achieved significant milestones, including operating the ST40 tokamak, that reached plasma temperatures exceeding 100 million degrees Celsius in 2022. In addition to its fusion energy endeavors, the company collaborates on projects utilizing HTS magnet technology for various applications, such as silent marine propulsion systems. As of 2024, Tokamak Energy employs over 260 individuals. The company has raised substantial funding, including $250 million by 2022, to support its innovative research and development efforts.
About Gauss Fusion
Gauss Fusion is a European greentech company developing magnetic confinement fusion technologies, including high-temperature superconducting magnet systems and fusion power plant designs. It serves the energy and engineering sectors, focusing on commercial fusion energy. Founded in 2022 by industrial and research organizations from Germany, France, Italy, and Spain, the company is a recent entrant in the fusion market. Its revenue comes from technology licensing, consulting, and partnerships. Gauss Fusion is headquartered in Munich, Germany.