Proxima Fusion | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

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Proxima Fusion is a European startup based in Munich, Bavaria, focused on developing the first generation of fusion power plants using quasi-isodynamic (QI) stellarators. The company aims to provide abundant, clean, and safe energy through innovative fusion energy technology.

🛍️ Proxima Fusion Product and Pricing News →

👔 Proxima Fusion CEO, Management and Leadership Team →

⚔️ Proxima Fusion Alternatives and Competitors →

💼 Proxima Fusion Hiring and Layoffs →

🤖 Proxima Fusion Developer, Integration and Automation News →

📈 Proxima Fusion Financials, Fundraising and Valuation News →

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🛍️ Proxima Fusion Product and Pricing News

• Proxima Fusion released VMEC++, a modern C++ version of the Variational Moments Equilibrium Code, as their first major open-source contribution.
• Proxima Fusion has opened a new office on the UK Atomic Energy Authority's Culham Campus.
• Proxima Fusion and the Fusion Industry Association met with EU Commissioner Ekaterina Zaharieva to advocate for fusion's inclusion in an Important Project of Common European Interest and seek financial support from the European Innovation Fund.
• Proxima Fusion's Co-Founder and CEO Francesco Sciortino has been nominated as a Newcomer of the Year finalist in the 2025 German Startup Awards.
• Proxima Fusion sponsored the OSSFE2025 Best Student Contribution Prize, awarded to Yiğit Günsür Elmacıoğlu for his work on the DESC software package.

• Proxima Fusion hosted a lab opening event in Munich where Airbus and Warburg Pincus LLC Europe Chairman René Obermann emphasized the role of startups in innovation.
• Proxima Fusion celebrated the opening of its Munich lab, aiming to build the world's first commercial fusion power plant, Stellaris, with support from the Bavarian Government.
• Francesco Sciortino, Co-founder & CEO of Proxima Fusion, will be attending the 'Unscripted' evening event in Austin on March 5.

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👔 Proxima Fusion CEO, Management and Leadership Team

• Lucio Milanese

  
  Co-Founder & COO
  [email protected]

• Francesco Sciortino

  
  Co-Founder & CEO
  [email protected]

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⚔️ Proxima Fusion Alternatives and Competitors

• GSE Systems
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• Gauss Fusion
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• Areva NP
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• AiNT
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• Steag Energy Services
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• Preussen Elektra
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• NEUTRINO
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• Marvel Fusion
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• Helion
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• Tokamak Energy Ltd
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• Type One Energy
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• Renaissance Fusion
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• Princeton Stellarators
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• Electriq Power
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• Electrochaea
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• Pulse Clean Energy
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• Commonwealth Fusion Systems
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• General Fusion
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• Realta Fusion

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💼 Proxima Fusion Hiring and Layoffs

• Proxima Fusion is currently seeking a Divertor R&D Lead in Germany.
• Proxima Fusion is currently seeking a Magnet Engineer in Australia.
• J. Scott Hosking is affiliated with Proxima Fusion in Munich, Germany.

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🤖 Proxima Fusion Developer, Integration and Automation News

• Proxima Fusion's magnet team is collaborating with Bernhard Auchmann’s CHART-MagDev group at PSI Paul Scherrer Institut Magnet Lab in Switzerland to develop next-generation high-temperature superconducting magnets.

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📈 Proxima Fusion Financials, Fundraising and Valuation News

• Systems Garden Venture Capital is considering investing AUD 100 million in Proxima Fusion's next financing round.

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