Proxima Fusion Raises €130 Million to Become European Nuclear Champion
Proxima Fusion, a German startup developing nuclear fusion technology, has raised €130 million ($148.8 million) from investors to develop a device capable of generating the futuristic energy by 2031.
The startup then plans to have its device operating inside a commercial power plant in the 2030s, the company said on Wednesday.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Skift
an hour ago
- Skift
Grounded Ambitions: Can Spirit and Wizz Soar Again?
Spirit Airlines and Wizz Air are an ocean apart, but share common challenges which are impacting profitability and operational efficiency. In this episode of the Airline Weekly Lounge, hosts Gordon Smith and Jay Shabat tackle the challenges faced by Wizz Air and Spirit Airlines. They discuss Wizz Air's struggles with engine issues, market exits, and future growth opportunities, particularly in Eastern Europe. The conversation later shifts to Spirit Airlines, highlighting its financial difficulties, rising costs, and leadership changes. Listen to This Podcast Apple Podcasts | Spotify | YouTube | RSS Takeaways
Gizmodo
an hour ago
- Gizmodo
Amazon Is Selling Off This 56,800mAh Power Bank Stock, Now 85% Off the Original Price
Power banks have become essential companions for anyone who needs to keep their devices charged on the go. Whether you're working remotely, traveling or simply out for the day, running out of battery on your smartphone, AirPods, or laptop can be a real hassle. While there are countless power banks available, many fall short in two critical areas: battery capacity and charging speed. That is why having a model that can do everything is a game-changer and right now, this Moihosso 56800mAh 22.5W power bank is not only one of the best models out there but it's also eligible for an unheard-of sale on Amazon: At a massive 85% discount, this power bank is available for just $34 down from its usual $239. For this price, Amazon must be barely breaking even which makes this a deal that's impossible to resist. See at Amazon Massive Fast-Charging Capability With its massive 56,800mAh capacity, it will power your devices for days: Whether you're on a long trip, camping in the great outdoors, or otherwise trapped in back-to-back meetings, this power bank ensures that you never have to endure the misery of low battery stress. It charges a range of devices from the latest iPhones to Galaxy and Pixel phones to iPads, and beyond. In practical terms, this means that you can fully charge your smartphone up to 11 times or your tablet multiple times before the power bank runs out of charge. You will also love its fantastic 22.5W fast charging capability: Unlike most default charging models which are meant to gradually, consistently charge the supported devices, this unit gives fast stable output to the supported devices so that you can achieve 100% in much less time. Another big advantage is that it can charge three devices simultaneously: With two USB-A output and a single multi-functional Type-C port that can accept and deliver power, you can keep your smartphone, wireless earbuds and tablet charged at the same time. Smart current division ensures that each device receives the best charging rate without sacrificing performance. Ease of use and security are supplemented by an intelligent LED display showing the actual remaining battery percentage. Guesswork is eliminated and you can coordinate your charging schedule confidently. You Protection built in defends against overcharging, overheating and overcurrent for safe and stable power delivery whenever you make use of it. At $34, it's a deal that's almost impossible to beat. See at Amazon
Bloomberg
2 hours ago
- Bloomberg
Czech President Warns Country May ‘Stay Behind' Without Euro
Czech President Petr Pavel called for the country to adopt the euro as a way to help trade and avoid being left out of key decisions made by members of the currency union. With the economy already deeply integrated with the euro area, the political and public opposition to the currency switch is 'emotional and irrational,' he said in an interview with Bloomberg Television. He added the benefits of keeping the koruna and an independent monetary policy were limited.
