Proxima Fusion news
Proxima Fusion appears in 2 stories we have published in October 2026, mostly in our Funding and Business coverage. It is most often reported alongside Allianz, Avalanche Energy and Bosch.
Latest development
Helion and CFS give U.S. government equity stakes for $260M in CHIPS Act funding
The U.S. Department of Commerce has awarded $260 million to fusion energy startups Helion and Commonwealth Fusion Systems (CFS) under the CHIPS and Science Act, requiring both companies to grant the government non-voting equity stakes. This marks the first time government funding for fusion startups has included equity in exchange for awards.
27 October 2026
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Helion and CFS give U.S. government equity stakes for $260M in CHIPS Act funding
The U.S. Department of Commerce awarded Helion and Commonwealth Fusion Systems $260M under the CHIPS Act, marking the first equity stakes for government…
UK and Germany launch industrial tech corridor to boost AI and deeptech growth
The UK and Germany launched a tech corridor to foster AI and deeptech partnerships, backed by €20M in Quantum research funding and expansion plans by firms…