Tokamak Energy subsidiary chosen for commercial fusion program

Tokamak Energy Inc, the US subsidiary of Oxfordshire based Tokamak Energy Ltd, is one of eight companies selected by the US Department of Energy for funding that advances commercial fusion.

Tokamak Energy magnet liquid nitrogen testing
Tokamak Energy magnet liquid nitrogen testing - Tokamak Energy

The DOE’s $46m Milestone-Based Fusion Development Program supports private companies in bringing fusion energy toward technical and commercial viability. 

In a five-to-10-year window, selected companies will team with US national laboratories, universities, and others to address major technical and commercialisation milestones for the successful design of a fusion pilot plant.

The program includes Commonwealth Fusion Systems, Focused Energy Inc, Princeton Stellarators Inc, Realta Fusion Inc, Type One Energy GroupXcimer Energy Inc, and Zap Energy Inc.

Warrick Matthews, Tokamak Energy’s managing director, said: “We are delighted to be selected by the US DOE for its Milestone-Based Fusion Development Program. It’s a fantastic endorsement of the strength of our team, technology and path to commercial fusion energy, combining the spherical tokamak with high temperature superconducting magnets.

“We look forward to working with the DOE on the next steps towards delivering clean, secure, affordable fusion power to the world, addressing the twin challenges of energy security and climate change.” 

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