Proxima Fusion signs MOU with Bavaria, RWE, and Max Planck IPP to build German stellarator power plant
Aug 14, 2026 • American Nuclear Society -- ANS
Proxima Fusion
Fusion Machine Developer
Founding Year
2023
Location
Munich, Bavaria, Germany
Company Founders
Francesco Sciortino
Jonathan Schilling
Jorrit Lion
Lucio Milanese
Martin Kubie
Leadership
Francesco Sciortino, CEO
Lucio Milanese, COO
Martin Kubie, Head of Engineering
Website
Proxima Fusion is a Munich-based fusion energy company founded in 2023 as a spin-out from the Max Planck Institute for Plasma Physics to commercialize stellarator-based fusion power. The company is developing quasi-isodynamic stellarator technology with high-temperature superconducting magnets and advanced computational design, targeting an “Alpha” demonstration machine by 2031 and commercial deployment in the late 2030s. Proxima Fusion has offices in Switzerland and the UK and raised over €200 million in Series A funding by 2025.
Publications
Symplectic methods for optimization of wall heat loads by fusion alpha particles in stellarator reactors
Aug 1, 2026 • Nuclear Materials and Energy
Articles
September 2025 Fusion Equity Investment Update
September 01, 2025 Investment
July 2025 Fusion Equity Investment Update
July 14, 2025 Investment
Projects
Stellaris
Funding Received (Investment)
July 6, 2026
round
$468,000,000
September 8, 2025
roundSeries A Extension
$17,602,500
June 10, 2025
roundSeries A
$150,000,000
July 14, 2024
roundEIC Accelerator
$16,344,000
FundersEuropean Innovation Council
April 9, 2024
roundSeed
$21,490,330
May 29, 2023
roundSeed
$7,500,000
Funding Received (Nondilutive)
December 9, 2024
programAI for Fusion Engineering
$6,780,800
July 14, 2024
programEIC Accelerator
$2,724,000
FundersEuropean Innovation Council
Jobs
Heating System Development Engineer
Proxima Fusion
Munich, Germany
Mechanical Engineering
Full-time
On-site
Found 2 days ago
Intern, Global Partnership
Proxima Fusion
Munich, Germany
Business
On-site
Found 3 days ago
Procurement Manager, Advanced Manufacturing
Proxima Fusion
Munich, Germany
Supply Chain
Full-time
On-site
Found 10 days ago
Procurement Manager, Integrated Systems
Proxima Fusion
Munich, Germany
Supply Chain
Full-time
On-site
Found 10 days ago
Senior Recruiter, Manufacturing
Proxima Fusion
Munich, Germany
People & HR
Full-time
On-site
Found 10 days ago
Alpha Plant Systems Lead
Proxima Fusion
Munich, Germany
Systems Engineering
Full-time
On-site
Found 11 days ago
Partnerships Specialist
Proxima Fusion
Munich, Germany
Business
Full-time
On-site
Found 15 days ago
Senior Communications Specialist (Global Communications)
Proxima Fusion
Munich, Germany
Communications
Full-time
On-site
Found 18 days ago
Project Manager - General & Cross-Program
Proxima Fusion
Munich, Germany
Project Management
Full-time
On-site
Found a month ago
Project Manager - Site & Infrastructure Development
Proxima Fusion
Munich, Germany
Project Management
Full-time
On-site
Found a month ago
People Operations Coordinator
Proxima Fusion
Munich, Germany
People & HR
Full-time
On-site
Found a month ago
Procurement Manager - Siting & Infrastructure
Proxima Fusion
Munich, Germany
Supply Chain
Full-time
On-site
Found a month ago
Head of Licensing & Regulation
Proxima Fusion
Munich, Germany
Legal
Full-time
On-site
Found a month ago
Program Schedule Manager
Proxima Fusion
Munich, Germany
Project Management
Full-time
On-site
Found a month ago
Building Regulations & Permitting Specialist
Proxima Fusion
Munich, Germany
Legal
Full-time
On-site
Found a month ago
Commercial & Contracts Lead
Proxima Fusion
Munich, Germany
BusinessLegal
Full-time
On-site
Found a month ago
Laser Diagnostician
Proxima Fusion
Munich, Germany
PhysicsLasers & Optics
Full-time
On-site
Found a month ago
Plasma Spectroscopy Diagnostician
Proxima Fusion
Munich, Germany
Physics
Full-time
On-site
Found a month ago
Stellarator Systems Architect
Proxima Fusion
Munich, Germany
Systems Engineering
Full-time
On-site
Found a month ago
Alpha Plasma Microwave Modeler
Proxima Fusion
Munich, Germany
Full-time
On-site
Found a month ago
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