Update: Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers
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TechCrunch has reported on “Update: Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers,” presenting it as the central development in the source material available for this brief.
Proxima Fusion stated Wednesday it intends to build a €140 million ($162.6 million) factory to produce fusion-grade high-temperature superconducting (HTS) tape, which is expected to provide the startup with key component to its reactor design.
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