Thea Energy Secures Federal Funding to Streamline Fusion Magnet Production

By Tim De Chant · TechCrunch · 2026-07-27

According to TechCrunch, the Department of Energy has awarded a $20 million grant to Thea Energy to advance its modular reactor components. The startup plans to use the ARPA-E funds to manufacture superconducting magnets designed for its stellarator reactor, which aims to achieve

According to TechCrunch, the Department of Energy has awarded a $20 million grant to Thea Energy to advance its modular reactor components. The startup plans to use the ARPA-E funds to manufacture superconducting magnets designed for its stellarator reactor, which aims to achieve