Proxima Fusion Aims to Revolutionize Energy with €2 Billion Fusion Test Facility

Munich-based Proxima Fusion seeks to raise €2 billion for a groundbreaking fusion test facility named Alpha. The German federal government is expected to provide €1.2 billion, supported by Bavaria’s €400 million and private investment. This stellarator reactor could prove vital for clean energy, targeting sustained net energy by the early 2030s, marking a significant step towards commercial fusion power.