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Saturday, June 13, 2026

Proxima Fusion — Technical Profile & Analysis

Deep-dive assessment of the Stellarator architecture, fuel path, and market positioning.

Confinement & Reactor
Magnetic Confinement (Stellarator)
Fuel Strategy
Deuterium-Tritium
Engineering Moat
HTS REBCO Magnets
Commercial / Funding Profile
Growth Stage

Technology Assessment & Commercial Milestones

Spin-out of Max-Planck IPP (Wendelstein 7-X). In early 2026 signed a landmark agreement with RWE, the Free State of Bavaria and IPP to build the world's first commercial stellarator power plant — Stellaris — on the site of a retired fission plant. Thesis: Inherit the world's best operating stellarator dataset (W7-X) and combine it with modern HTS coils and AI-driven optimisation. Key engineering bottlenecks: HTS coil manufacturing in non-planar geometry; Divertor heat exhaust in stellarator topology. Recent milestones: 2024 — €20M seed; 2025 — €185M Series A — Europe's largest fusion round; Early 2026 — RWE / Bavaria / Max Planck agreement for Stellaris. Device pipeline: Alpha demonstrator → Stellaris pilot. Timeline: Net gain in the 2030s; Stellaris at former Gundremmingen fission site.
Technical & Economic Profile

Stellarator Renaissance

Compare class peers

3D-shaped external coils generate the entire confining field. No plasma current, no disruptions, native steady-state operation.

Reactor design

Magnetic / Stellarator (W7-X lineage)

Core tech focus

3D HTS REBCO magnets

Key milestones

€185M Series A (2025). 2026 RWE/Bavaria siting agreement.

Peer positioning · Proxima Fusion

The class's clearest commercial trajectory. IPP spin-out with a signed RWE/Bavaria agreement to site 'Stellaris' on a former fission site — the only stellarator with a confirmed utility partner and physical pilot location.

Physics basis

Inherits the Wendelstein 7-X operational dataset. Eliminates internal plasma current entirely, immunising the reactor against the catastrophic disruption events that threaten every tokamak. Targets the same D-T triple-product envelope (~3×10²¹ keV·s·m⁻³) but with continuous, not pulsed, confinement.

Engineering bottlenecks
  • Non-planar coil geometry historically required sub-millimetre manufacturing precision — the dominant cost driver.
  • Heat exhaust in non-axisymmetric 3D geometry produces localised thermal peaking that threatens divertor plasma-facing components.
  • Same tritium breeding and neutron-damage constraints as the D-T tokamak class.
LCOE drivers
  • Coil manufacturing precision determines unit cost — simplified-geometry approaches (Thea, Renaissance) target order-of-magnitude reductions.
  • Higher capacity factor than tokamaks (no disruption downtime) materially improves LCOE.
  • Liquid-metal blankets (Helical, Renaissance) double as first-wall, breeding blanket, and heat exchanger — collapsing three subsystems into one.
Class-level competitive analysis

Core IP originates from national labs (IPP, UW-Madison, Princeton). Proxima exhibits the clearest commercial trajectory — utility partnership with RWE and a physical site secured. The fundamental engineering divergence is coil manufacturability: Type One accepts complex 3D coils via AI-optimised manufacturing; Thea uses arrays of simple planar HTS coils tuned dynamically; Renaissance laser-etches custom coil shapes directly into HTS sheets.

Sourced from the 2026 Global Fusion Energy Comparison — triple-product physics, DEC architecture, and LCOE framework.

Founding Team & Academic Backgrounds

Who built Proxima Fusion

Full founding team page

Proxima Fusion is the first official spin-out from the world-renowned Max Planck Institute for Plasma Physics (IPP). This elite founding team of next-generation researchers worked directly on the Wendelstein 7-X, the most advanced stellarator on Earth. Blending the intense academic rigor of MIT's plasma program (Sciortino and Milanese) with the stellarator-engineering mastery of the Max Planck Institute (Lion and Schilling), and paired with precision manufacturing expert Martin Kubie, the founders are deploying advanced computational optimization and HTS magnets to transform the stellarator into an economically viable, continuously operating baseload power plant.

Francesco Sciortino

PhD in Plasma Physics, MIT; MSc, EPFL

Lucio Milanese

PhD in Plasma Physics, MIT; BSc, University of Padua

Jorrit Lion

PhD in Physics, Max Planck Institute for Plasma Physics

Jonathan Schilling

PhD in Engineering/Computer Science, Max Planck Institute

Martin Kubie

MSc in Mechanical Engineering, Technical University of Munich

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