# Proxima’s stellarator fusion machine; UKAEA invests in First Light Fusion; $95M magnet deal with Tokamak Energy moves UK closer to fusion power plant

Page: https://stenobird.com/podcast/fusion-news-2296831/proxima-s-stellarator-fusion-machine-ukaea-invests-in-first-light-fusion-95m-magnet-deal-with-tokamak-energy-moves-uk-closer-to-fusion-power-plant
Text version: https://stenobird.com/podcast/fusion-news-2296831/proxima-s-stellarator-fusion-machine-ukaea-invests-in-first-light-fusion-95m-magnet-deal-with-tokamak-energy-moves-uk-closer-to-fusion-power-plant.md
Podcast: [Fusion News](https://stenobird.com/podcast/fusion-news-2296831)
Published: 2026-04-29T08:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/fusionindustry/episodes/Proximas-stellarator-fusion-machine-UKAEA-invests-in-First-Light-Fusion-95M-magnet-deal-with-Tokamak-Energy-moves-UK-closer-to-fusion-power-plant-e3ij9nj
Audio file: https://anchor.fm/s/48e20d54/podcast/play/119170227/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-3-28%2F9c4c3250-954c-a7be-5f13-9f592369cf2e.mp3
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Duration seconds: 575

## Resource

Dr. Cyd Cowley, working at the intersection of fusion and AI at FIA affiliate member digiLab, gives today's global fusion news update. Links to all of the stories mentioned are included below. 1. The ‘dumb machine’ promising a clean energy breakthrough https://www.bbc.com/news/articles/c5yvm11xrn6o 2. UKAEA backs First Light Fusion in £25m funding round https://www.theengineer.co.uk/content/news/first-light-fusion-raises-25m-for-commercial-fusion-push 3. US firm to scale laser-based fusion ‘breakthrough’ with new partnership https://interestingengineering.com/energy/laser-nuclear-fusion-moves-to-private-sector 4. $95M Tokamak Energy deal moves UK closer to building a fusion power plant https://interestingengineering.com/energy/uk-fusion-tokamak-energy-magnet-contract Bonus: https://assets.publishing.service.gov.uk/media/69e87bd8d36883a64473b7ec/ukaea-strategy-2026-2030.pdf https://www.youtube.com/watch?v=x3AK_yi-Hww

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