TAE Technologies raises $150m, Fusion Supply Chain spending almost doubles in 2024, Wendelstein 7-X sets new performance records

Mechanical design engineer Jasmine Mund gives this week's global fusion news update, summarizing behind all of the major headlines. Links to all of the stories mentioned are included below.

1. TAE Technologies raises $150m in funding for fusion energy development

https://www.power-technology.com/news/tae-technologies-fusion-energy-development/

2. Fusion Supply Chain spending almost doubles in 2024, according to Fusion Industry Assocation

https://www.fusionindustryassociation.org/fusion-supply-chain-spending-almost-doubles-in-2024-according-to-fusion-industry-association/

3. Wendelstein 7-X sets new performance records in nuclear fusion research

https://www.innovationnewsnetwork.com/wendelstein-7-x-sets-fusion-record-boosting-hopes-for-future-stellarators/58820/

4. ‘We’re definitely on the back foot’: U.S. risks losing fusion energy race to China, industry leaders warn

https://www.geekwire.com/2025/were-definitely-on-the-back-foot-u-s-risks-losing-fusion-energy-race-to-china-industry-leaders-warn/

5. Kyoto, Fujikura advance fusion magnet tech

https://www.geekwire.com/2025/were-definitely-on-the-back-foot-u-s-risks-losing-fusion-energy-race-to-china-industry-leaders-warn/

Bonus:

https://phys.org/news/2025-06-qa-exploring-ultra-high-temperature.html

https://www.innovationnewsnetwork.com/uks-advancements-in-plasma-physics-fusion-energy/58711/

https://www.youtube.com/watch?v=7XC6nYCu3UY