UKAEA welcomes new funding for Tokamak EnergyPress
24 July 2020

UKAEA welcomes new funding for Tokamak Energy

Selection in UK Government’s Advanced Modular Reactor projects is positive news for fusion

Tokamak Energy, a private company working to develop compact fusion power based in Milton Park, Didcot, has recently been awarded £10 million from the Department for Business, Energy and Industrial Strategy, as part of the UK Government’s Advanced Modular Reactor (AMR) project.

UKAEA’s Chief Technology Officer Tim Bestwick welcomed the announcement: “This is really good news – not just for Tokamak Energy, but also for the wider fusion community,” he said. “This £10 million Advanced Modular Reactor award recognizes the potential importance of fusion in future low-carbon energy generation, and illustrates the depth of talent in this field in the UK.”

Read the full UKAEA news release here

Department for Business, Energy and Industrial Strategy AMR project funding announcement news release



Other news and press

Next generation magnet technology paves the way to commercial fusion power Our news
22 September 2021

Next generation magnet technology paves the way to commercial fusion power

22 September 2021, Oxford, UK – Tokamak Energy has demonstrated a transformative magnet ...

+ Learn more
Fusion Engineering and Design paper recognises Tokamak Energy’s lead in IP development for commercial fusion Our news
20 August 2021

Fusion Engineering and Design paper recognises Tokamak Energy’s lead in IP development for commercial fusion

Tokamak Energy’s achievements in creating 58 patent families are among the ways that the company…

+ Learn more
Tokamak Energy signals major expansion with over 160 new jobs as it pioneers commercial fusion energy Our news
15 July 2021

Tokamak Energy signals major expansion with over 160 new jobs as it pioneers commercial fusion energy

15 July 2021, Oxford, UK – Tokamak Energy is announcing today that it is to…

+ Learn more
Daily Mail: A man-made sun that could power our planet is created by a British start-up in Oxfordshire Press
15 July 2021

Daily Mail: A man-made sun that could power our planet is created by a British start-up in Oxfordshire

Daily Mail article by David Rose on Tokamak Energy, published 15/07/21. Hundreds of tim...

+ Learn more