StarRing Fusion Completes RMB 880 Million Series A++ Financing to Advance Fusion Device and Key Technology Engineering
StarRing Fusion recently announced the completion of a new Series A++ financing round, raising RMB 880 million. This round was jointly invested by Shenzhen Capital Group, Shendan Venture Capital, ABC Capital, BOCOM Investment, GGV Capital, Yongxin Ark, Keke Capital, Advantage Capital, and other institutions, with existing shareholder Shanghai Science and Technology Innovation Group's intellectual property fund and other institutions continuing to follow on. The company stated that the proceeds from this round, together with the previous Series A and A+ financing, will be used for the construction of the Shanghai Jiading experimental base, the construction and operation of the NTST negative-triangularity spherical tokamak, the design and construction of the CTRFR-1 "StarRing One," and the continued engineering advancement of key technologies including fusion-grade high-temperature superconducting magnets and AI-based plasma control...
2026-08-08
Harbin Fusion and Superconducting Industry Technology Innovation Alliance Established
On August 7, the inaugural meeting and first member assembly of the Harbin Fusion and Superconducting Industry Technology Innovation Alliance was held. Under the guidance of the Heilongjiang Provincial Department of Science and Technology and the Harbin Municipal Science and Technology Bureau, Harbin Institute of Technology (HIT) took the lead in establishing the Harbin Fusion and Superconducting Industry Technology Innovation Alliance. The alliance not only comprehensively integrates HIT's national-level advantageous research capabilities in fields such as robotics, advanced welding and joining, special composite materials, and extreme environment simulation, but also brings in local scientific innovation forces and industrial entities including Harbin Engineering University, the Heilongjiang Provincial Institute of Atomic Energy, and Harbin Electric Group. At the same time, it brings together the Institute of Plasma Physics of the Chinese Academy of Sciences, the Southwest Institute of Physics of Nuclear Industry,...
2026-08-07
Department of Plasma Physics and Fusion Engineering at the University of Science and Technology of China Proposes New Three-Dimensional Magnetic Field Configuration for Stellarators
Stellarators confine high-temperature plasma using three-dimensional magnetic fields generated by external coils, enabling steady-state operation without relying on plasma current and avoiding instabilities such as disruptions, making them the fastest-growing technological route globally. However, if the three-dimensional magnetic field is not carefully optimized, trapped particles can experience significant radial drift, leading to a substantial increase in neoclassical transport losses. To suppress this drift, the magnetic field must satisfy the "omnigenity" condition, meaning that the time-averaged radial drift of all trapped particle orbits is zero. The most widely applied class of omnigenous magnetic fields is poloidal omnigenity (PO), and such configurations are also commonly referred to as quasi-isodynamic (QI) configurations...
2026-08-06
Hong Kong deputies to the National People's Congress visit Hefei to inspect fusion device and innovation industry development
On August 4, a delegation of Hong Kong deputies to the National People's Congress conducted an inspection and research visit in Hefei, Anhui Province. The itinerary included visits to the Hefei Innovation Museum, the Memorial Hall of the Crossing-the-Yangtze Campaign, and the Hefei Institutes of Physical Science of the Chinese Academy of Sciences, to learn about the local layout of scientific and technological innovation, the construction of major scientific facilities, and the development of the nuclear fusion industry. At the Hefei Institutes of Physical Science of the Chinese Academy of Sciences, the delegation visited the Experimental Advanced Superconducting Tokamak (EAST) nuclear fusion device. Often referred to as the "artificial sun," this device serves as an important scientific research platform for Hefei in advancing the cluster development of major scientific facilities and the growth of the nuclear fusion-related industry. The delegation also received briefings on the construction of the Hefei Future Science City and the layout of related industries. Hong Kong deputies to the National People's Congress...
2026-08-05
University of Science and Technology of China Plans to Establish a Micro-Major in "Magnetic Confinement Controlled Nuclear Fusion"
On the afternoon of July 28, the expert review meeting for the establishment of the micro-major in Magnetic Confinement Controlled Nuclear Fusion at the University of Science and Technology of China was held at the university's Lishi College. Seven experts from Fudan University, Sun Yat-sen University, Hefei University of Technology, Anhui University, and fusion energy enterprises formed the review committee to deliberate on the micro-major construction plan. Following inquiries and discussions, the expert group unanimously agreed to establish the micro-major. The meeting was hosted by Lishi College of USTC. Zhu Dongjie, Executive Vice Dean of Lishi College, attended the meeting, while Professor Xie Jinlin, Vice Dean of the School of Nuclear Science and Technology, and Associate Professor Liu Adi, Teaching Director of the Department of Plasma Physics and Fusion Engineering, participated in the presentation and defense. ...
2026-08-05
News Broadcast: Major Science Infrastructure Construction Accelerates Across the Board, Innovative Achievements Emerge
Major science and technology infrastructure is a powerful tool for building a strong science and technology nation. Since the beginning of this year, the construction of major science infrastructure in China has accelerated across the board, with original achievements continuously emerging, rapidly transforming from a source of basic research into a "strong magnetic field" that fosters disruptive technologies and cultivates new quality productive forces. To date, China has over 70 national major science and technology infrastructure projects under construction or in operation, ranking second globally in overall scale, with some facilities entering the world's top tier in comprehensive capabilities. Distinctive clusters have taken shape in Beijing Huairou, Shanghai Zhangjiang, Anhui Hefei, and the Guangdong-Hong Kong-Macao Greater Bay Area. On Science Island in Hefei, Anhui, leveraging the construction of facilities such as the Steady High Magnetic Field and the artificial sun nuclear fusion experiment, nearly 50 enterprises have been incubated in fields including superconductivity, magnets, cryogenics, materials, and plasma applications...
2026-08-05
Lifting Task of Large Storage Tanks in Cryogenic System Tank Area of HL-3 Upgrade Project Successfully Completed
On August 4, the lifting task of large storage tanks in the cryogenic system tank area of the HL-3 upgrade project, undertaken by the Southwestern Institute of Physics (SWIP), was successfully completed. After two days and one night of continuous efforts, a total of 14 large storage tanks were precisely positioned, including 6 medium-pressure high-purity helium storage tanks of 100 cubic meters each, 2 cryogenic liquid nitrogen storage tanks of 100 cubic meters each, and 6 auxiliary helium storage tanks, with a total lifting tonnage exceeding 200 tons. The achievement of this key milestone marks significant phased progress in the installation of cryogenic system equipment. Once the cryogenic system is completed, it will provide stable and reliable cooling capacity for the neutral beam injection system and the toroidal cryopumps of the HL-3 device, effectively enhancing the neutral beam injection efficiency and...
2026-08-05
BlueStar Fusion Completes "Angel+" Round Financing, High-Temperature Superconducting Stellarator Project Moves to Engineering Implementation Phase
Recently, Hefei BlueStar Fusion Technology Co., Ltd. (BlueStar Fusion, hereinafter referred to as "BlueStar Fusion") completed an Angel+ round of financing on the scale of several hundred million RMB, with a post-investment valuation exceeding 3 billion RMB. Following the completion of this financing round, the company will continue to advance the verification of key components, engineering manufacturing, and full-system integration of the high-temperature superconducting stellarator, with the goal of initiating the construction of the Phase I high-temperature superconducting stellarator system by 2027. BlueStar Fusion was established in August 2025 and is primarily engaged in the R&D and engineering of high-temperature superconducting stellarator technology. The company has assembled a professional team of nearly 100 members, covering fusion physics, superconducting magnets, structures and precision manufacturing, cryogenic engineering, artificial intelligence, and other disciplines. Ex...
2026-08-04
Key Breakthroughs Achieved in Development of Core Equipment for BEST Compact Fusion Energy Test Facility
Recently, at a critical juncture in the all-out sprint toward the "double-half" goals, the development of two core components of the compact fusion energy test facility (BEST) main machine equipment—the vacuum vessel and the mid-plane thermal shield—undertaken by Shanghai Electric Nuclear Power Group and manufactured by No.1 Machine Tool Plant, has achieved successive milestone results. Multiple key manufacturing tasks have been successfully completed and delivered upon acceptance, marking that the development of BEST main machine core equipment has fully entered the critical stage of tackling difficulties and accelerating the sprint, laying a solid foundation for high-quality project delivery. As the core key equipment of the compact fusion energy test facility, the BEST vacuum vessel and mid-plane thermal shield feature complex structures, extremely high precision requirements, and difficult manufacturing processes...
2026-08-03
Wang Min, Deputy Director of the China International Nuclear Fusion Energy Program Execution Center, Led a Delegation to Thailand and Malaysia to Attend China-Thailand and China-Malaysia Bilateral Science and Technology Cooperation Consultations on Nuclear Fusion
To fully implement the spirit of China's Belt and Road Initiative, implement the Memorandum of Understanding between China and Thailand on jointly strengthening nuclear fusion exchange and cooperation, and advance research and development cooperation in the field of nuclear fusion between China and Thailand and between China and Malaysia, the China-Thailand and China-Malaysia bilateral science and technology cooperation consultations on nuclear fusion were held in Bangkok and Kuala Lumpur respectively from July 27 to 30. Wang Min, Deputy Director of the Nuclear Fusion Center, led a delegation to attend the meetings. At the China-Thailand consultation, the two sides engaged in in-depth discussions on their respective national fusion research and development progress, how to implement the newly signed Memorandum of Understanding on jointly strengthening nuclear fusion exchange and cooperation, and matters such as jointly conducting fusion physics experimental research, personnel exchange visits, and talent cultivation based on the TT-1 tokamak device donated by China.
2026-08-03
Wuke Superconducting Completes Tens of Millions in Angel Round Financing, Accelerating the Industrialization of High-Temperature Superconducting Tapes
In late July 2026, Beijing Wuke Superconducting Technology Co., Ltd. (hereinafter referred to as "Wuke Superconducting") completed an angel round financing of tens of millions of RMB. This round was jointly invested by CASSTAR, Zhongguancun Capital, and Huairou Hard Technology Fund. The joint backing of several renowned venture capital institutions fully confirms the capital market's high recognition of Wuke Superconducting's core team, technical strength, and industry development prospects. Wuke Superconducting was initiated by the technical team of the Institute of Physics, Chinese Academy of Sciences, focusing on the R&D, preparation, and industrial application of a new generation of high-temperature superconducting tapes. The company is dedicated to overcoming the key bottlenecks in transitioning high-temperature superconducting materials from laboratory to large-scale application, building an integrated platform covering superconducting target development, core equipment R&D, high-performance tape preparation, and ultimate performance characterization of wires and tapes.
2026-08-03
American Fusion Completes First Phase of Texatron Testing at Texas Tech University
American Fusion (American Fusion, OTC: AMFN) announced on July 31 that the first phase of its proprietary Texatron Fusion Engine engineering and testing program has been completed at the Center for Emerging Energy Sciences, Department of Physics and Astronomy, Texas Tech University in Lubbock, Texas. The company stated that the project has achieved initial engineering goals and has advanced to the next phase of the Texatron development and testing program. According to reports, American Fusion's seven-member science and engineering team collaborated with Texas Tech University personnel this week on engineering assessments, subsystem...
2026-08-01
CATL Again Leads New Funding Round for Beta Fusion
On July 31, CATL continued to lead a new funding round for fusion frontier technology company Beta Fusion with an investment of several hundred million yuan. Corporate information query platforms showed that relevant details of Beta Fusion's latest funding round had been updated that day. This marks CATL's renewed commitment to the company following its lead investment of several hundred million yuan in Beta Fusion's seed round in early June this year. Beta Fusion (Beijing) Energy Technology Co., Ltd. was established in late 2025 with a registered capital of 1 million yuan, focusing primarily on the pulsed field-reversed configuration (FRC) magneto-inertial confinement route to explore commercialization pathways for controlled nuclear fusion. The company's founder, Cao Zhiping, is among the early domestic researchers engaged in pulsed FRC route development...
2026-08-01
Hefei Institute of Energy and Xianchu Nuclear Assembly Jointly Establish a Joint Laboratory for Tritium-Related Environmental Control Equipment for Fusion
On July 23, the Institute of Energy, Hefei Comprehensive National Science Center, and Shijiazhuang Xianchu Nuclear Energy Equipment Co., Ltd., a subsidiary of Xianchu Energy Development Group, held a signing ceremony in Hefei, Anhui Province, for the Joint Laboratory for Tritium-Related Environmental Control Equipment for Fusion. The collaboration will focus on the development of tritium-related environmental control equipment for nuclear fusion devices, advancing key technology breakthroughs and industrial applications. Hu Haomin, Deputy Director of the Institute of Energy, Hefei Comprehensive National Science Center; Chen Kun, Chairman of Xianchu Energy Development Group; Fang Yongsheng, Executive Deputy General Manager of Shijiazhuang Xianchu Nuclear Energy Equipment Co., Ltd.; and Zhao Xinhua, General Manager of China-Ukraine Xianchu Nuclear Energy Technology Co., Ltd., attended the signing ceremony. The Institute of Energy, Hefei Comprehensive...
2026-08-01
Helong-2 Magnet Coil Project Kickoff Meeting Successfully Held at Lanzhou Taiji
On July 29, 2026, the Helong-2 magnet coil project kickoff meeting was successfully held at Lanzhou Taiji. This project involves core components of ENN's third-generation spherical torus hydrogen-boron fusion device, featuring extremely high technical precision, massive system integration complexity, and stringent engineering development standards. Undertaking this core development task represents ENN Group's high recognition and full trust in Lanzhou Taiji's technical capabilities, manufacturing strength, and quality control competence, laying a solid foundation for further deepening cooperation between the two parties. In the next step, Lanzhou Taiji will coordinate its premium R&D and production resources to focus on tackling core fusion technologies, implementing strict review and meticulous control throughout the entire process from structural design, multi-physics simulation, process trial production, to manufacturing...
2026-07-31
Controllable Nuclear Fusion Industry Intellectual Property Operation Center Launched in Hefei
On July 30, at the second meeting of the first member congress of the Anhui Fusion Industry Association held in Hefei, Anhui, the Controllable Nuclear Fusion Industry Intellectual Property Operation Center was launched. The center aims to focus on the creation, protection, and utilization of intellectual property in the fusion field, bridging the "last mile" of achievement transformation. It is reported that the Controllable Nuclear Fusion Industry Intellectual Property Operation Center is one of the first batch of industry intellectual property operation centers recognized by the China National Intellectual Property Administration, jointly launched by the Anhui Provincial Market Supervision Administration, the Hefei Institutes of Physical Science of the Chinese Academy of Sciences, the Anhui Fusion Industry Association, and Fusion New Energy (Anhui) Co., Ltd. In the future, the center will build a patent pool...
2026-07-31
Guomai Fusion Energy Completes Angel+ Round Financing, with Zhengxuan Investment and Others Supporting aFRC Fusion Route Commercialization
Recently, Beijing Guomai Fusion Energy Technology Co., Ltd. (hereinafter referred to as Guomai Fusion Energy) completed its Angel+ round of financing. This round was participated by well-known institutions such as Zhengxuan Investment and Dalin Investment. By adopting a strategy of small steps and rapid iteration, Guomai Fusion Energy has continuously advanced its financing, pooling industrial and capital forces to support R&D design and engineering validation, and promoting the fast and sound development of the advanced field-reversed configuration (aFRC) route. The funds from this round will be primarily used for aFRC route R&D, including the construction of fusion experimental devices, core technology breakthroughs, and talent team building, accelerating key technology breakthroughs and experimental validation. Guomai Fusion Energy, established in the Beijing Economic-Technological Development Area, is a company focusing on advanced field-reversed config...
2026-07-31
The Institute of Plasma Physics, Hefei Institutes of Physical Science, Chinese Academy of Sciences, hosted the 2026 China-Korea Bilateral Workshop on Tungsten Metal First Wall and Plasma-Wall Interactions
Recently, the 2026 China-Korea Bilateral Workshop on Tungsten Metal First Wall and Plasma-Wall Interactions (2026 CN-KO Workshop on W-based metal Wall and Plasma-Wall Interactions) was held. This meeting, hosted by the Institute of Plasma Physics, is a series of conferences under the framework of bilateral science and technology cooperation between the Chinese and Korean governments. More than 40 researchers from institutions including the Korea Institute of Fusion Energy, the Korea Atomic Energy Research Institute, the Korea Institute of Materials Science, Pohang University of Science and Technology, the Institute of Plasma Physics, the Institute of Solid State Physics, Hefei Institutes of Physical Science, Chinese Academy of Sciences, Hefei University of Technology, and Beihang University participated...
2026-07-30
Hefei Compact Fusion Energy Experimental Device Accelerates Construction
On July 27, the Compact Fusion Energy Experimental Device (BEST), located in Sanshigang Township, Luyang District, Hefei City, Anhui Province, is accelerating its construction. From aerial footage, the construction at the project site is progressing in an orderly manner, with related work continuing to unfold. The BEST device is a follow-up project to the Experimental Advanced Superconducting Tokamak (EAST) and will conduct further experimental validation based on the first-generation EAST device. As a key experimental platform for future fusion energy applications, BEST is expected to become the world's first compact fusion energy experimental device, providing support for the transition of fusion energy from scientific experiments to engineering applications. ...
2026-07-30
Hefei Proton Leap Commences Operations in Chaohu, Xirong Zhaobo Advances Fusion Equipment Industrialization
On July 26, Hefei Proton Leap Technology Co., Ltd., a wholly-owned subsidiary of Anhui Xirong Zhaobo Technology Co., Ltd., held its opening ceremony in Chaohu, Anhui. The official commencement of operations marks a new step for Xirong Zhaobo in the field of controlled nuclear fusion auxiliary heating equipment, transitioning from R&D customization to small-scale trial production, high-end equipment integration and commissioning, and batch delivery. According to reports, Xirong Zhaobo signed an investment agreement with Chaohu City in October 2025; in December of the same year, Proton Leap relocated to Zhongke Zhicheng in Chaohu; and in June 2026, Proton Leap initiated trial production. Following this opening, the company will undertake Xirong Zhaobo's fusion high-end equipment manufacturing, integrated installation, high-power commissioning, and batch production...
2026-07-30
Breakthrough in my country's First-Wall Technology: First to Complete Tungsten-Copper Joint Qualification for the ITER Project
my country recently achieved another technical breakthrough in the ITER "enhanced heat-load" first-wall project: independently developed tungsten first-wall "finger" components successfully passed 15,000 and 3,000 cycles of thermal fat
2026-07-27
"Magnetically Confined Fusion Burning Plasma" Selected as One of the Frontier Scientific Issues for 2026 by the China Association for Science and Technology
The main forum of the 28th Annual Meeting of the China Association for Science and Technology (CAST) was held in Beijing on July 15. During the forum, a list of major scientific questions, engineering and technical challenges, and industrial technology is
2026-07-27
Reading Ranking
- 1 StarRing Fusion Completes RMB 880 Million Series A++ Financing to Advance Fusion Device and Key Technology Engineering
- 2 Harbin Fusion and Superconducting Industry Technology Innovation Alliance Established
- 3 Department of Plasma Physics and Fusion Engineering at the University of Science and Technology of China Proposes New Three-Dimensional Magnetic Field Configuration for Stellarators
- 4 BlueStar Fusion Completes "Angel+" Round Financing, High-Temperature Superconducting Stellarator Project Moves to Engineering Implementation Phase
- 5 University of Science and Technology of China Plans to Establish a Micro-Major in "Magnetic Confinement Controlled Nuclear Fusion"
- 6 Wuke Superconducting Completes Tens of Millions in Angel Round Financing, Accelerating the Industrialization of High-Temperature Superconducting Tapes
- 7 Chinese Delegation Attends 2026 Annual Meeting on Implementation of Bilateral Cooperation Agreement between Ministry of Science and Technology and ITER Organization
- 8 A delegation led by Dai Minmin of Shanghai State-owned Capital Investment Co., Ltd. visited the fusion research facility for a fact-finding and exchange visit.
- 9 Hong Kong deputies to the National People's Congress visit Hefei to inspect fusion device and innovation industry development
- 10 News Broadcast: Major Science Infrastructure Construction Accelerates Across the Board, Innovative Achievements Emerge
- 11 Wang Min, Deputy Director of the China International Nuclear Fusion Energy Program Execution Center, Led a Delegation to Thailand and Malaysia to Attend China-Thailand and China-Malaysia Bilateral Science and Technology Cooperation Consultations on Nuclear Fusion
- 12 CATL Again Leads New Funding Round for Beta Fusion
- 13 Controllable Nuclear Fusion Industry Intellectual Property Operation Center Launched in Hefei
- 14 Lifting Task of Large Storage Tanks in Cryogenic System Tank Area of HL-3 Upgrade Project Successfully Completed
- 15 Hefei establishes a new joint laboratory for fusion reactor material irradiation and evaluation, driving the coordinated development of the nuclear fusion industry.