Tokamak Energy selected by UK Government for Global Investment Summit innovation showcase

Tokamak Energy has been selected by the UK Government to showcase its world-leading technology at next week’s Global Investment Summit.

Jointly hosted by Prime Minister Rishi Sunak and the Department for Business and Trade, Monday’s exclusive summit at Hampton Court Palace will focus on ‘Great British Ideas – Past, Present and Future’.

Tokamak Energy is one of 12 pioneering innovators from across Britain exhibiting at the event, which attracts more than 200 of the world’s leading CEOs.

Following the summit, His Majesty The King will host a reception at Buckingham Palace.

Warrick Matthews, Tokamak Energy CEO, said: “The Global Investment Summit is an exciting platform to showcase the latest developments from Tokamak Energy. We’re on a mission to deliver clean, secure and affordable fusion energy in the 2030s, as well as position ourselves as the leading supplier of high temperature superconductor technology for fusion and other new applications.

“Fusion energy is poised to become one of the 21st century’s most valuable new technologies and we look forward to important conversations at next week’s GIS to accelerate progress.”

Formed in 2009, Tokamak Energy is pursuing the global deployment of commercial fusion through the combined development of spherical tokamaks with HTS magnets.

It is the only private fusion company to have more than 10 years’ experience of designing, building and operating tokamaks, a machine that confines plasma – the hot hydrogen fuel – using strong magnetic fields. Enabled by its HTS magnet technology, the spherical tokamak design is more efficient than the traditional ring doughnut shape, with lower capital investment, operating costs and a smaller footprint.

Tokamak Energy is also recognised as a world leader in HTS magnet design, numerical modelling and prototyping. In collaboration with key manufacturing partners, it is focussed on becoming the leading supplier to multiple markets, including propulsion in water, air and space, renewable energy, and science.

2600 1741 Stuart White