SMRTR Science & EngineeringJun 2, 2026The Next Web

A German startup raised $240 million to commercialise the only fusion experiment that has ever produced net energy

SMRTR summary

German startup Focused Energy raised $240 million, led by utility RWE, to build a commercial fusion reactor using the same laser-based approach behind the world's only net-energy fusion experiment. The company plans a demonstration reactor at a decommissioned German nuclear plant, backed by roughly $500 million in total funding.

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