Latest Tokamak Energy News & Updates

See the latest news and media coverage for Tokamak Energy. We track all announcements, press releases, and industry mentions in real time, all in one place.

Tokamak Energy

Fusion energy and HTS magnet technology developer

tokamakenergy.com

Headquarters: Milton, Abingdon, United Kingdom
Founded year: 2009
Company type: Private company
Number of employees: 250–500
Industry: Electric Utilities

Last updated Today

Latest news about Tokamak Energy

In short: Tokamak Energy secured a £70 million contract for the UK's STEP fusion program and achieved record-breaking plasma performance on its ST40.

Company announcements

May 6 Tokamak Energy

Tokamak Energy joins fusion consortium for UK power plant

The UK Infinity Fusion Consortium aims to develop the UK’s first private-sector-led commercial fusion power plant.

April 14 Tokamak Energy

Tokamak Energy named Magnet Systems Partner for STEP Fusion

The £70 million contract with UK Fusion Energy runs until March 2029, covering eight work packages for magnets.

March 16 Tokamak Energy

Tokamak Energy hosts launch of new UK fusion strategy

Lord Vallance announced £2.5 billion government backing for fusion research and commercialisation over five years.

19 December 2025 Tokamak Energy

Tokamak Energy achieved three new performance records on ST40

The records include highest plasma current, stored energy, and fusion triple product, with a major upgrade planned.

Media coverage

August 7 The Register

Brit boffins boast of beating barriers to building fusion power

EBW systems use high-frequency, electrostatic plasma waves to heat and drive currents in dense fusion plasmas, and the technology is planned for use in STEP...

July 16 TipRanks

Tokamak Energy Secures £70 Million Multi‑Year Role in U.K. STEP Fusion Programme - TipRanks.com

According to a recent LinkedIn post from Tokamak Energy, the company is participating in the STEP Fusion supplier engagement event in Worksop as the Magnet...

July 3 MSN

UK government signs £30m deal to build the world's first prototype fusion power plant by 2040

Dassault Systèmes to lead UK prototype fusion power plant digital twin software with £30 million deal, supporting engineering and collaboration.

May 12 TipRanks

Tokamak Energy Strengthens Fusion Partnerships and Targets AI Data Centres With Superconducting Tech - TipRanks.com

Tokamak Energy featured in several developments this week, underscoring its role in both fusion power and high‑temperature superconducting technology. The company j...

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