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Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers

10 September 2026 at 19:38
Proxima Fusion said Wednesday it plans to build a €140 million ($162.6 million) factory to produce fusion-grade high-temperature superconducting (HTS) tape, which will provide the startup with key component to its reactor design.

Sila lands $1.4B Pentagon loan as militaries demand more batteries

10 August 2026 at 16:22
Battery materials startup Sila will use a $1.4 billion loan from the U.S. Department of Defense to scale production at its factory in Washington state.
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