
Proxima’s stellarator fusion machine; UKAEA invests in First Light Fusion; $95M magnet deal with Tokamak Energy moves UK closer to fusion power plant
From Fusion News by Fusion Industry Association
April 29, 2026 · 10 min
About this episode
Dr. Cyd Cowley provides an update on recent developments in the global fusion energy sector.
Dr. Cyd Cowley, working at the intersection of fusion and AI at FIA affiliate member digiLab, gives today's global fusion news update. Links to all of the stories mentioned are included below. 1. The ‘dumb machine’ promising a clean energy breakthrough https://www.bbc.com/news/articles/c5yvm11xrn6o 2. UKAEA backs First Light Fusion in £25m funding round https://www.theengineer.co.uk/content/news/first-light-fusion-raises-25m-for-commercial-fusion-push 3. US firm to scale laser-based fusion ‘breakthrough’ with new partnership https://interestingengineering.com/energy/laser-nuclear-fusion-moves-to-private-sector 4. $95M Tokamak Energy deal moves UK closer to building a fusion power plant https://interestingengineering.com/energy/uk-fusion-tokamak-energy-magnet-contract Bonus: https://assets.publishing.service.gov.uk/media/69e87bd8d36883a64473b7ec/ukaea-strategy-2026-2030.pdf https://www.youtube.com/watch?v=x3AK_yi-Hww
People in this episode
Host: Dr. Cyd Cowley
Topics covered
- fusion energy
- funding in fusion
- fusion technology advancements
- UK fusion initiatives
- AI in fusion
Keywords
- fusion news
- clean energy
- UKAEA
- First Light Fusion
- Tokamak Energy
- digiLab
- funding
- stellarator
- laser fusion
Mentioned in this episode
Organizations: Fusion Industry Association, digiLab, UKAEA, First Light Fusion, Tokamak Energy
Products: stellarator fusion machine, laser-based fusion
Places: UK
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