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'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.
• Proxima Fusion and its partners published a peer-reviewed paper on Stellaris, the first integrated concept for a commercial fusion power plant.
• Proxima Fusion GmbH is involved in research on laser ablation techniques for cardiac tissue.

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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.
• Marija Kose has joined Proxima Fusion as Head of People in Germany, previously holding a position at another company.
• 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

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