Tokamak Energy

Fact sheet

• Founded: 2009↗ Post by Tokamak Energy · 2026-07-16↗ Tokamak Energy↗ Tokamak Energy - 2026 Company Profile, Team, Funding, Competitors & Financials - Tracxn↗ Tokamak Energy - Products, Competitors, Financials, Employees, Headquarters Locations↗ Tokamak Energy - Wikipedia↗ fusion energy and high temperature superconducting magnets - Tokamak Energy
• HQ: Abingdon, United Kingdom↗ New nuclear power plant to be built in UK | Oxford Mail · 2026-08-07↗ Post by Tokamak Energy · 2026-07-16↗ Tokamak Energy↗ Tokamak Energy - 2026 Company Profile, Team, Funding, Competitors & Financials - Tracxn↗ Tokamak Energy - Products, Competitors, Financials, Employees, Headquarters Locations↗ Tokamak Energy - Wikipedia
• Total funding: Approximately $335 million↗ Tokamak Energy↗ Tokamak Energy - 2026 Company Profile, Team, Funding, Competitors & Financials - Tracxn↗ Tokamak Energy - Products, Competitors, Financials, Employees, Headquarters Locations↗ Tokamak Energy - Wikipedia↗ fusion energy and high temperature superconducting magnets - Tokamak Energy
• Key technologies: Spherical tokamaks, high-temperature superconducting (HTS) magnets↗ Fusion power plant heating system passes Tokamak Energy site tests - Tokamak Energy · 2026-07-29↗ Unraveling the British Tokamak's Journey: From Plasma Pulses to Fusion Power (2026) · 2026-07-16↗ Tokamak Energy↗ Tokamak Energy - 2026 Company Profile, Team, Funding, Competitors & Financials - Tracxn↗ Tokamak Energy - Products, Competitors, Financials, Employees, Headquarters Locations↗ Tokamak Energy - Wikipedia
• Notable partners: UK Atomic Energy Authority (UKAEA), U.S. Department of Energy, Sumitomo Corporation↗ Tokamak Energy↗ Tokamak Energy - 2026 Company Profile, Team, Funding, Competitors & Financials - Tracxn↗ Tokamak Energy - Products, Competitors, Financials, Employees, Headquarters Locations↗ Tokamak Energy - Wikipedia↗ fusion energy and high temperature superconducting magnets - Tokamak Energy
• Employee count: 200–300 employees↗ Post by Tokamak Energy · 2026-07-16
• HTS magnet technology uses HTS tape, a coated metal ribbon, as its core material↗ Unraveling the British Tokamak's Journey: From Plasma Pulses to Fusion Power (2026) · 2026-07-16
• UK Infinity Fusion Consortium co-founded with Type One Energy to develop a commercial fusion power plant in the United Kingdom↗ Fusion consortium established to advance private-sector fusion -- ANS / Nuclear Newswire · 2026-07-21
• ST40 high-field spherical tokamak is equipped with a gyrotron-based fuel-heating system that has passed on-site testing↗ Fusion power plant heating system passes Tokamak Energy site tests - Tokamak Energy · 2026-07-29
• UK Fusion Energy Board visited Tokamak Energy to observe innovation supporting delivery of the STEP programme (2026)↗ The UK Fusion Energy Board recently visited Tokamak Energy to see first-hand the innovation supporting delivery of the STEP programme. | STEP Fusion · 2026-08-03

Connections

• Marathon Fusion — UK-based fusion company advancing integrated tritium fuel-cycle architecture, a technology area directly adjacent to Marathon Fusion's tritium and fusion fuel-cycle focus.↗ Fusion Industry Attracts Record Annual Funding of $4.48bn, Raising Total to $14.24bn - Fusion Industry Association
• Type One Energy — Tokamak Energy co-founded the UK Infinity Fusion Consortium with Type One Energy to develop a commercial fusion power plant in the United Kingdom.↗ Tokamak Energy's ST-E1 fusion design redefines plant viability - Energy Innovation Review
• U.S. Department of Energy — Notable partner on fusion technology development↗ fusion energy and high temperature superconducting magnets - Tokamak Energy
• United Kingdom Atomic Energy Authority — Notable partner on fusion technology development↗ fusion energy and high temperature superconducting magnets - Tokamak Energy

Recent developments

• A 2026 feature article revisits Tokamak Energy's use of high-temperature superconducting (HTS) tape as the core material in its magnet technology, highlighting the company's role at the forefront of fusion magnet development.

  Read more ↗sussexheights.org9 Aug

• Tokamak Energy, based at Milton Park in Abingdon, Oxfordshire, is involved in plans to build a new nuclear (fusion) power plant in the UK.

  Read more ↗oxfordmail.co.uk7 Aug

• The UK Fusion Energy Board visited Tokamak Energy's facilities to observe innovation directly supporting delivery of the STEP (Spherical Tokamak for Energy Production) programme, underscoring Tokamak Energy's role as a key technology contributor to the UK's flagship public fusion initiative.

  Read more ↗linkedin.com3 Aug

• Tokamak Energy has unveiled new plans for advancing extreme fusion energy, positioning itself within the broader UK race against China and the US to achieve commercial fusion power.

  Read more ↗karunaju.com4 Aug

• A UK fusion article referencing the STEP project and 100 million degree plasma achievements was published, though the source domain (fpcenglishtown.org) appears to be an untrustworthy content-farm or SEO-spam site with no verifiable editorial provenance — this result is disregarded per source quality rules.

  Read more ↗fpcenglishtown.org2 Aug

• Tokamak Energy has successfully completed site testing of a gyrotron-based fusion power plant fuel-heating system, which is set to be installed on its high-field spherical tokamak ST40.

  Read more ↗tokamakenergy.com29 Jul

• Barclays has announced its support for the UK Infinity Fusion Consortium, lending its expertise in energy, infrastructure, and project finance to the private sector–led effort to develop a commercial fusion power plant in the UK.

  Read more ↗webwire.com21 Jul

• Tokamak Energy's use of high-temperature superconducting (HTS) tape — a coated metal ribbon — is highlighted as a key innovation underpinning both its fusion and magnet technology programs.

  Read more ↗sussexheights.org16 Jul

• Tokamak Energy continues to advance its spherical tokamak design, which presents a unique engineering challenge: squeezing the central hole nearly shut makes fitting the HTS magnets required for strong magnetic fields significantly harder than in conventional doughnut-shaped tokamaks.

  Read more ↗hluhluweinn.com17 Jul

• Tokamak Energy is participating in the STEP Fusion supplier engagement event in Worksop as the Magnet Systems Partner for the UK's STEP fusion energy programme, under a £70 million multi-year contract.

  Read more ↗tipranks.com16 Jul

Links