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Thea Energy lands $20M federal grant to build its magnets for fusion reactors

CN
CitrixNews Staff
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Thea Energy lands $20M federal grant to build its magnets for fusion reactors

For hard-tech startups, manufacturing is a pricey endeavor. Now, Thea Energy has a leg up courtesy of a Department of Energy grant.

The fusion power startup told TechCrunch Monday that it has received a $20 million award from ARPA-E to help manufacture its modular high-temperature superconducting (HTS) magnets.

Originally reported by TechCrunch. Read the full story at the original source.