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Japan’s Kyoto Fusioneering (KF) has raised JPY10.5bn ($79m) in an oversubscribed Series C funding round led by existing investor, JIC Venture Growth Investments. The round attracted a total of 17 investors, including 11 new supporters. KF said this latest capital infusion brings total funds raised to JPY12.2bn.

Date: Wednesday, 24 May 2023
Original article: neimagazine.com/news/newskyoto-fusioneering-secures-more-funding-10876961

US fusion energy tech startup Helion Energy has signed an agreement to provide Microsoft with electricity from its first fusion power plant. Constellation will serve as the power marketer and will manage transmission for the project. Helion said the plant is expected to be online by 2028 and will target power generation of 50 MW or more after a one-year ramp up period. The companies did not disclose financial or timing details of the power purchase agreement, or which Microsoft facilities would get fusion-generated electricity.

Date: Wednesday, 17 May 2023
Original article: neimagazine.com/news/newshelion-announces-first-fusion-energy-purchase-agreement-with-microsoft-10852833

More than 30 kilograms of highly-enriched uranium (HEU) has been removed from three Japanese research sites and sent to the USA for downblending or disposal, the US National Nuclear Security Administration (NNSA) announced.

Date: Wednesday, 25 May 2022
Original article: world-nuclear-news.org/Articles/HEU-from-three-Japanese-sites-transported-to-USA

Plan is to generate first ultra-hot plasma at €20bn facility in 2025 The €20bn project will replicate the reactions that power the sun and is intended to demonstrate fusion power can be generated on a commercial scale. Photo courtesy Iter. The world’s largest nuclear fusion project began its five-year assembly phase on Tuesday in southern France, with the first ultra-hot plasma expected to be generated in late 2025.

The €20bn Iter (International Thermonuclear Experimental Reactor) project will replicate the reactions that power the sun and is intended to demonstrate fusion power can be generated on a commercial scale.

The steel and concrete superstructures nestled in the hills of southern France will house a 23,000-tonne machine, known as a tokamak, capable of creating what is essentially an earthbound star.

Millions of components will be used to assemble the giant reactor, which will weigh 23,000 tonnes and the project is the most complex engineering endeavour in history. Almost 3,000 tonnes of superconducting magnets, some heavier than a jumbo jet, will be connected by 200km of superconducting cables, all kept at -269C by the world’s largest cryogenic plant.

Date: Wednesday, 29 July 2020
Original article: nucnet.org/news/world-s-largest-nuclear-fusion-project-under-assembly-in-france-7-2-2020

The US is buying 32t of Iranian heavy water to help Iran meet the terms of last July's landmark nuclear deal under which Iran agreed to curb its nuclear programme in exchange for sanctions relief. The agreement was signed on 22 April in Vienna between Iran and officials from the six countries that negotiated the nuclear deal - E3/EU+3 (China, France, Germany, Russia, the UK and the USA plus the European Union). It calls for the US Department of Energy's (DOE's) Isotope Program to purchase the heavy water from a subsidiary of the Atomic Energy Organization of Iran (AEOI) for about $8.6m, officials said. They said the heavy water will be stored at the Oak Ridge National Laboratory (ORNL) in Tennessee and then resold on the commercial market for research purposes.

Date: Tuesday, 26 April 2016
Original article: neimagazine.com/news/newsiran-enters-the-global-market-for-nuclear-materials-4874899