Faraday Factory Japan signed an agreement to deliver superconductor tape for the demo stellarator magnet of Proxima Fusion
TOKYO, June 20, 2025 /PRNewswire/ -- Proxima Fusion and Faraday Factory Japan have signed a contract for the supply of high temperature superconducting (HTS) tape. This delivery will help the leading European stellarator developer Proxima Fusion to achieve its next milestone – a superconducting demo magnet.
Stellarators are fusion machines which contain hot, ionized matter (plasma) within a magnetic field of remarkable strength and sophisticated geometry. Significant progress including the highest plasma triple product sustained for tens of seconds was attained recently with the W7-X stellarator, which is built and operated by the Max Planck Institute of Plasma Physics (IPP) in Germany. Proxima Fusion, originally spun out from the IPP, is building on the record-breaking expertise of W7-X, combining it with advances in stellarator optimization, computational design and state-of-the-art HTS magnet technology.
After completing delivering its demo magnet in 2027, Proxima will focus on the delivery of Alpha in 2031, Proxima's net-energy demo stellarator, followed by the first-of-a-kind commercial fusion power plant Stellaris in the 2030s. Timely supply of high-quality HTS tape is essential to keep fusion on fast track. While it takes thousands of kilometers of superconducting tape to build a typical energy-positive fusion prototype, scaling up the fusion industry to commercial power will require millions of kilometers.
Since 2020, Faraday Factory has ramped up production by 10 times. The new HTS tape delivery contract is an important milestone, further strengthening the HTS supply chain for the nascent but transformative fusion industry.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Korea Herald
2 hours ago
- Korea Herald
O.NE People and Prighter Forge Alliance to Deliver AI-Driven Privacy Compliance Solutions Worldwide
– Partnership to accelerate expansion in Asian and European markets and advance global data protection standards – SEOUL, South Korea, Aug. 13, 2025 /PRNewswire/ -- People, a leading South Korean provider of AI-powered personal data protection automation solutions, has signed a strategic Memorandum of Understanding (MOU) with Prighter GmbH, a Vienna-based global leader in privacy compliance and representative services. The signing ceremony, held at People's Seoul headquarters, brought together Ayoung Cho, CEO of People, and Andreas Mätzler, CEO of Prighter, to formalize the partnership. The agreement sets the stage for a close, long-term collaboration in the global personal data protection and compliance sector. Through this alliance, the two companies will: People's flagship solution, CATCHSECU, is a SaaS platform that automates the full privacy compliance process for personal data—from collection to secure disposal—helping organizations meet the world's most stringent privacy regulations. Trusted by more than 3,000 corporate and public sector clients, CATCHSECU enables businesses to streamline compliance, reduce personal information related risks, and enhance operational efficiency. Prighter specializes in providing local representative services under the EU's General Data Protection Regulation (GDPR) and other national data protection laws. With operations in the UK, Switzerland, Turkey, and China, Prighter's extensive global network supports organizations in meeting complex regulatory requirements. "Partnering with Prighter gives us the foundation to bring CATCHSECU to even more businesses around the globe," said Ayoung Cho, CEO of People. "By leveraging our combined expertise, we aim to strengthen and expand the global data privacy ecosystem." "We are excited to work with People, one of South Korea's most innovative data privacy solution providers," said Andreas Mätzler, CEO of Prighter. "Together, we can deliver meaningful impact across Asia and the broader global data protection landscape." About People Founded in 2018, People helps organizations comply with personal data protection regulations through its AI-powered SaaS platform, CATCHSECU. The solution automates the entire personal data lifecycle, including consent form generation, encryption, masking, automated disposal, and access control. Serving more than 3,000 organizations worldwide, People enables clients to minimize legal risks and maximize operational efficiency. About Prighter GmbH
![[Barry Eichengreen] Trump in the Falklands](/_next/image?url=https%3A%2F%2Fwimg.heraldcorp.com%2Fnews%2Fcms%2F2025%2F08%2F13%2Fnews-p.v1.20250813.a3871433fb2942c597c102c3ec8f87d9_T1.jpg&w=3840&q=100)
Korea Herald
6 hours ago
- Korea Herald
[Barry Eichengreen] Trump in the Falklands
US President Donald Trump's trade war resembles nothing so much as UK Prime Minister Margaret Thatcher's Falklands War in 1982: One side deploys massive force, and the other withdraws with its tail between its legs. Of 57 countries and territories included in Trump's 'Liberation Day' list of targets for 'reciprocal' tariffs, just three — Brazil, Canada and China — are credibly threatening retaliation against the United States. The Heard and McDonald Islands, populated only by penguins, were understandably supine. But it is more than a little surprising that so many others have taken US aggression lying down, given expectations of tit-for-tat retaliation. The European Commission's agreement with the US is especially stunning in this respect. The Commission has accepted Trump's 15 percent baseline tariff, with exemptions only for aircraft parts, critical minerals and a couple of other items. US duties on steel, copper and aluminum remain at 50 percent. European Commission President Ursula von der Leyen has pledged that Europe will buy additional US energy and invest $600 billion in the US, although it is questionable whether such commitments are in fact within the Commission's remit. The Trump administration claims further that Europe will import more agricultural goods and loosen its restrictions on digital trade. In return, the EU receives basically nothing, only a US promise not to impose still higher tariffs, at least for now. Moreover, the deal enhances US exporters' access to European markets, while Europe's exporters face additional barriers in the US. Von der Leyen hails this agreement as putting an end to an extended period of tariff uncertainty, although for how long greater certainty lasts remains, well, uncertain. The outcome is widely seen as a sign of the EU's weakness, and there is more than a little merit to this view. The Commission had to negotiate an agreement on behalf of 27 countries with different positions on how aggressively Europe should respond. In France, there was considerable support for the idea that it was important to face down a bully. In Germany, by contrast, policy was shaped by automotive and machinery industries desperate to retain access to the US market on terms at least not grossly inferior to those obtained by Japan, South Korea and the United Kingdom. These differences left the Commission with little wiggle room. Then there is the fact that the EU continues to rely on the US for weaponry, and that it needs America's help in supporting Ukraine. Europe recognizes this vulnerability and is seeking to build up its defense and geopolitical capacities independent of the US. But substantial progress in this direction will take years. Europe likewise lacks a pressure point analogous to China's control of rare earth refining, which allows the Chinese government to threaten targeted retaliation by cutting off an essential input required by US high-tech industries and by the country's defense complex. Finally, like other economies contemplating how to respond, Europe faces a 'madman' problem. Normally, the strongest argument for retaliating is to deter further aggression. A rational leader will understand that launching a trade war, much like launching a conventional war, will provoke a counterattack in which his country suffers as much as his opponent's. But this strategy works only when leaders are rational. Trump's trade-policy decisions are clearly guided by an irrational belief in tariffs — 'the most beautiful word in the dictionary,' as he puts it — and by the perverse satisfaction he derives from punishing opponents and even allies, regardless of the costs to the US itself. Negotiators, not only in Europe, had good reason to fear that Trump would meet retaliation with retaliation, resulting in escalation and further damage. There is, however, a contrary view that Europe has shown strength, not weakness, in its response to Trump's trade war. Meeting tariffs with tariffs, especially when these have no deterrent effect, is simply a way of shooting oneself in the economic foot. Higher import prices fuel inflation and hurt consumers, and taxing imported inputs, as the US is doing, makes domestic production more costly and less efficient. At the same time, less import competition encourages rent seeking: Domestic producers will lobby for tariff concessions and make campaign contributions to obtain them. Thus, Europe has shown its wisdom in shunning self-destructive measures. It now needs to follow up by ratifying its free trade agreement with Latin America's Mercosur bloc, solidifying its trade relations with China, and recommitting to the multilateral trading system, whether the US participates in it or not. Something else that Trump's trade war and Thatcher's Falklands War have in common is their utility in distracting attention from their instigators' domestic problems — in Thatcher's case an unemployment crisis, and in Trump's the questions about the extent of his ties to the convicted pedophile Jeffrey Epstein, who hanged himself while awaiting trial on federal sex-trafficking charges. Helped by her victory in the South Atlantic, Thatcher would reign for eight more years. The US constitution prevents Trump from serving as president until 2033. Or so we are led to believe. Barry Eichengreen Barry Eichengreen, a professor of economics and political science at the University of California, Berkeley, is the author, most recently, of 'In Defense of Public Debt' (Oxford University Press, 2021). The views expressed here are the writer's own. — Ed.
![[Graphic News] Russia overtakes Germany in beer output](/_next/image?url=https%3A%2F%2Fwimg.heraldcorp.com%2Fnews%2Fcms%2F2025%2F08%2F12%2Fnews-p.v1.20250812.5c7f124a2be242888796baabd80bb05d_T1.gif&w=3840&q=100)
Korea Herald
a day ago
- Korea Herald
[Graphic News] Russia overtakes Germany in beer output
Russia has overtaken Germany as Europe's top beer producer for the first time in 12 years, brewing 9.1 billion liters in 2024 compared to Germany's 8.4 billion, according to the German business daily Handelsblatt. The shift is largely attributed to Russia's reduced trade with other European nations following the start of the Ukraine war, which spurred a boost in domestic production. Globally, China led with 34 billion liters, followed by the US (18 billion), Brazil (14.7 billion) and Mexico (14.5 billion), with Russia and Germany ranking 5th and 6th, respectively. While beer is not on the EU's sanctions list, European beer producers have faced criticism for continuing exports to Russia, which launched a military invasion of Ukraine in 2022.
