Tokamak Energy

Tokamak Energy

Renewable Energy Power Generation

Milton, Abingdon, England 32,908 followers

Pioneering commercial fusion energy

About us

We are developing the technology to deliver clean, secure and affordable fusion energy in the 2030s. Tokamak Energy was founded in 2009 as a spin-off from UK Atomic Energy Authority (UKAEA). Our US subsidiary, Tokamak Energy Inc, was established in 2019. We are the only private fusion company with over a decade’s experience developing the two technologies that offer the most efficient and commercially attractive route to fusion energy; the compact spherical tokamak and high temperature superconducting (HTS) magnets. Our dedicated HTS magnet business unit, in collaboration with key manufacturing partners, is focussed on becoming the leading supplier of HTS technology for fusion and other exciting new applications, including science, renewable energy and propulsion in water, air and space.

Website
http://tokamakenergy.com
Industry
Renewable Energy Power Generation
Company size
201-500 employees
Headquarters
Milton, Abingdon, England
Type
Privately Held
Founded
2009

Locations

Employees at Tokamak Energy

Updates

  • View organization page for Tokamak Energy, graphic

    32,908 followers

    Our team from Tokamak Energy and our U.S. subsidiary Tokamak Energy Inc. has had a great week meeting with current and potential partners at the 26th Technology of Fusion Energy (TOFE) conference in Madison, Wisconsin. Organised by the American Nuclear Society the theme is ‘The Public-Private Pivot to Fusion Energy’. Scientists, engineers and fusion industry leaders were able to discuss how recent advances in the physics basis combined with new enabling technologies have shifted the focus to the commercial delivery of #fusionenergy. The team also had the opportunity to visit the Pegasus-III spherical tokamak and HSX stellarator housed at University of Wisconsin-Madison. At Tokamak Energy, we’re developing the technology to commercialise #fusion in the 2030s. We believe that collaboration will be vital to achieving that goal and are committed to building the strong government, commercial, scientific and academic partnerships that will enable the global deployment of clean, secure and affordable fusion energy ⚡ #FusionForAll #CleanEnergyTransition

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    A great #magnet starts with a great design. In our latest #fusionpioneer video, Matt Bristow, Senior HTS Magnet Engineer, explains how we design and model our high temperature #superconducting (HTS) magnets using data gathered from over ten years’ experience developing the technology. We’ve created robust HTS magnet technology that can be tuned for different applications, which not only unlocks the pathway to commercial #fusion but has potential uses in a wide range of industries, including science, renewable energy and propulsion in water, land, air and space. #FusionPioneers #FusionForAll #Superconductors #Innovation

  • View organization page for Tokamak Energy, graphic

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    It was a pleasure to welcome State Minister Soichiro Imaeda of The Japan Ministry of Education, Culture, Sports, Science and Technology as part of a UK #fusion tour. The visit, hosted by our CEO Warrick Matthews, took in our ST40 control room, high temperature #superconducting (HTS) #magnets lab and Demo4 fusion #magnet system. Japan’s Fusion Energy Innovation Strategy sets a roadmap to commercialise #fusionenergy to help achieve its #decarbonisation goals, including wider participation by the private sector in research and development so Japanese industry will be ready to play a major role in delivering fusion power to the world. At Tokamak Energy, we have built a strong network of government, commercial, scientific and academic partners in Japan, including with FURUKAWA ELECTRIC GROUP and Sumitomo Corporation and a longstanding relationship with The University of Tokyo. Yuichi Takase, our Senior Technical Advisor, who is also Professor Emeritus, University of Tokyo, notes that fusion energy is attractive to Japan because it offers dispatchable electricity and industrial heat for the decarbonisation of heavy industry, and it does not need to be imported, contributing to energy security. “We have a common goal - to deliver clean, safe and abundant fusion energy for the world. What is more important than that? We can work together to make it even faster.”   #FusionForAll #CleanEnergyTransition

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  • View organization page for Tokamak Energy, graphic

    32,908 followers

    Today’s Fusion Industry Association global #fusion industry report highlights the “significant shift” in government policies and increased investment around the world, with public funding increasing by over 50%. It also highlights the growth of a skilled #fusionenergy workforce supporting our industry. Tokamak Energy is listed in the report as a world leader in two transformative technologies, the compact spherical tokamak and High Temperature Superconductor (HTS) magnets, and one of the select companies to have raised more than $200m on the path to commercialising clean, secure and affordable fusion energy. #FusionForAll #CleanEnergy #EnergySecurity

    New global fusion industry report out now! Today we launch our 2024 report, giving an updated snapshot of where the private fusion industry stands. The global fusion industry has now attracted over $7.1bn of investment, with over $900m of new funds backing the technology since last year. Total public funding increased by 57% in the last 12 months to $426m, showing governments increasingly see public-private partnerships as central to making commercial fusion a reality. Companies remain steadfast in their projected timelines for producing fusion-generated electricity in the 2030s, with 89% of the companies responding to the survey anticipating that fusion will provide electricity to the grid by the end of 2030s, and 70% of the companies saying that milestone will happen by the end of 2035. Over 4,000 people around the world are now employed at private fusion companies. However, there are still major challenges to overcome and, between 2025 and 2030, two-thirds of respondents believe power efficiency will be a major challenge, while the same proportion (66%) believe funding will be a barrier to success. Read the full report to gain further insight into today’s global fusion industry and profiles of the developers. About the Report This is the fourth annual “Global Fusion Industry Report” from the Fusion Industry Association. Responses are based on answers to a survey issued to private fusion companies. This survey should be seen as a snapshot in time; a view of the industry when the survey was conducted in the second quarter of 2024. Repeating the activity year-on-year enables us to see the picture evolving. https://lnkd.in/ehrCBjPM #FusionEnergy #FusionIndustry

    FIA Launches 2024 Global Fusion Industry Report - Fusion Industry Association

    FIA Launches 2024 Global Fusion Industry Report - Fusion Industry Association

    https://www.fusionindustryassociation.org

  • View organization page for Tokamak Energy, graphic

    32,908 followers

    With the Institute of Physics Superconductivity Summer School being held up the road from us at Wolfson College, University of Oxford, it was a pleasure to welcome to our Oxfordshire site a group of students, academics, engineers and consultants representing some of the world’s leading #superconducting #technology research organisations and universities. The tour took in our ST40 spherical tokamak, HTS #magnets lab and ground breaking Demo4 #fusion magnet system. At Tokamak Energy we have over ten years’ experience developing high temperature #superconducting (HTS) magnets, a transformative technology for fusion and a wide range of other industries. We’re one of the sponsors of the IoP event this year, with three of our own magnet engineers attending. Find our more about our HTS technology here: https://lnkd.in/etVC4tyr #FusionForAll #Magnets #Superconductors #Engineering #Innovation

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    Today we welcomed a group of summer placement students from the UK Atomic Energy Authority Fusion Industry Programme to our Oxfordshire site. The interns, who are based with organisations including Fusion Energy Insights, Woodruff Scientific LTD and nTtau Digital LTD enjoyed a tour of our ST40 tokamak and high temperature #superconducting (HTS) #magnets lab to see first-hand where we’re developing and testing the technology that underpins our mission to commercialise #fusionenergy and contribute to a #netzero future for the UK and worldwide. At Tokamak Energy we’re also hosting our own group of students via the Fusion Industry Programme, which is run by UKAEA with the aim of building a pipeline of talent and skills to meet the needs of the growing UK #fusion industry. #FusionForAll #CleanEnergyTransition #NetZero

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    Our ST40 spherical tokamak is the most advanced of its kind in the world. With our 2024 #plasma #physics campaign well underway, Plasma Operations Group Lead, Otto Asunta, looks at our achievements with ST40 so far and objectives for the year, including maximising our ‘triple product’; a key measure of progress in the path to realising commercial #fusion conditions. Our work with ST40 is building the confidence, understanding and technology that supports the spherical tokamak as the optimal route to clean, affordable and globally deployable #fusionenergy#FusionPioneers #FusionForAll #CleanEnergyTransition 

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    Congratulations to Olly Glover, our newly elected MP for Didcot and Wantage and champion for meaningful action on climate change.   We are grateful to have been able to discuss our two transformative technologies during his recent visit to Tokamak Energy and for Olly to be representing us in #Westminster.   He joined David Kingham for a walk around our record-breaking spherical tokamak, ST40, and heard about the huge impact clean, secure and affordable #fusionenergy could have on building a #netzero future.   The team also discussed our pioneering high temperature superconducting (HTS) magnets and the opportunity to disrupt existing and create new markets over the next decade, including renewable energy, science and propulsion in water, land, air and space.   #GeneralElection2024 #FusionforAll

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    What a great way to spend a lunch hour. We were joined by Arctoris for a panel discussion to launch a new series of Milton Park (Oxfordshire) events called ‘Forging the Future’. David Kingham and Erica Thake discussed a broad range of subjects, including the strength of the Oxford fusion cluster, especially when combined with global partners, protecting technology through patenting and licencing, and new markets for high temperature superconducting magnets created by #fusionenergy. The panel, expertly hosted by Philip Simister of OBN (UK) Ltd, also discussed the increasing use of #AI in #tech and data quality for decision making, with many parallels between the two companies. The event series aims to highlight some of the inspiring companies based at Milton Park, the UK’s largest single ownership innovation community and home to over 250 organisations. Companies here are leading the way with incredible breakthroughs in medical research, bio-science, green energy and agri-tech. #MiltonPark #cleantech #FusionforAll

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    Our ‘Focus on Fusion’ event and exhibition at Khalifa University last September helped raise awareness of fusion within the #UAE and the region, and highlighted the many benefits of clean, secure and affordable #fusionenergy. As part of our continuing collaboration, we are now delighted to welcome Jassem Alhammadi to the UK for this exciting opportunity to work with our team, supporting a key part of our first fusion pilot plant.

    View organization page for Khalifa University, graphic

    188,532 followers

    #KhalifaUniversity and leading UK-based global commercial fusion energy company Tokamak Energy have announced the first #UAE National student has joined a team of engineers designing the first fusion energy pilot plant at Oxfordshire, under an internship program. Jassem Alhammadi , a Khalifa University senior student in the bachelor’s program in Chemical Engineering with a minor in Nuclear Engineering, has become the first Emirati intern to join the Tokamak Energy team and will spend two months in Oxfordshire, UK, learning about the company’s mission to deliver clean, secure and affordable energy. The internship program follows a successful three-day ‘Focus on Fusion’ event and exhibition that was organized in September 2023 at Khalifa University’s Main Campus for stakeholders in the world of fusion and the energy sector. https://lnkd.in/dNJM7D6g #khalifaUniversity #TokamakEnergy #NuclearEngineering #ChemicalEngineering #Internship أعلنت اليوم كلٌّ من جامعة خليفة والشركة العالمية الرائدة المتخصصة بطاقة الاندماج التجارية، توكاماك إنيرجي والتي يقع مقرّها الرئيس في المملكة المتحدة، عن انضمام أول طالب إماراتي إلى فريق من المهندسين الذين يصممون أول محطة تجريبية لطاقة الاندماج في أُكسفوردشاير، في إطار برنامج تدريب عملي. وقد أصبح جاسم الحمادي، طالب البكالوريوس المقبل على التخرّج والذي يتخصص في الهندسة الكيميائية في جامعة خليفة مع تخصص فرعي في الهندسة النووية، أول متدرب إماراتي ينضم إلى فريق توكاماك إنيرجي، حيث سيقضي شهرين في مدينة أُكسفوردشاير في المملكة المتحدة، يتعرف أثنائها على مهمة الشركة في توفير طاقة نظيفة وآمنة وبأسعار معقولة. ويأتي برنامج التدريب عقب فعالية ناجحة استمرّت لمدة ثلاثة أيام تحت عنوان "التركيز على الاندماج" شملت معرضًا أيضًا وتم تنظيمها في سبتمبر 2023 في الحرم الجامعي الرئيس لجامعة خليفة للجهات المعنيّة في عالم الاندماج وقطاع الطاقة. #جامعة_خليفة #توكاماك_إنيرجي #الهندسة_النووية #الهندسة_الكيميائية #تدريب_عملي https://lnkd.in/dshm4Qis

    Khalifa University Student Joins UK Tokamak Energy’s Team of Engineers Designing First Fusion Energy Pilot Plant - Khalifa University

    Khalifa University Student Joins UK Tokamak Energy’s Team of Engineers Designing First Fusion Energy Pilot Plant - Khalifa University

    ku.ac.ae

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Funding

Tokamak Energy 7 total rounds

Last Round

Series B

US$ 87.1M

See more info on crunchbase