Thea Energy wins $20M federal grant to scale fusion reactor magnet production

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Fusion energy startup Thea Energy has secured a $20 million grant from ARPA-E, the U.S. government's advanced energy research agency. The funding is aimed at helping the company scale up production of its high-temperature superconducting magnets. These magnets are a critical component in the development of fusion reactors. The award reflects growing federal interest in accelerating commercial fusion power technology.

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