Thea Energy Lands $20 Million Federal Grant to Build Magnets for Fusion Reactors

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Energy

28 July 2026 at 3:21 am

Thea Energy Lands $20 Million Federal Grant to Build Magnets for Fusion Reactors

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Summary

Fusion power startup Thea Energy secured a $20 million federal grant from ARPA-E to scale the production of its high-temperature superconducting magnets for fusion reactors.

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