Novatron_240828_6059

Novatron Fusion Group reports momentous year with landmark achievements

Energize Editors

Energize Editors

As 2024 comes to a close Novatron Fusion Group (NFG) is reporting a momentous year peppered with landmark achievements.

The firm started 2024 with an empty space in its laboratory at KTH Royal Institute of Technology, in Stockholm, with the ambition to assemble a high vacuum secured prototype of its first Novatron (N1) ready for plasma experiments.

In parallel, it has run countless plasma shots via an experimental test rig, priming for the experimental campaigns on the N1. This turned out to be a well-made strategic technical decision, enabling NFG to synchronize the testing of subsystems for the N1, while developing support for sensors, data-capturing, storage and data analysis.

NFG is developing its business in many ways, with one example being a recent grant to launch the collaborative TauEB project, which will help advance the technological roadmap and is a major step toward achieving a commercially scalable fusion reactor.

But more importantly, it has already achieved one of its most important goals with the N1 project – creating a team that has the capabilities needed for advanced system development. And its work is certainly paying off, which has been demonstrated by increasing interest from stakeholders.

EXTERNAL RECOGNITION

Throughout the year the NFG team has hosted countless high-level visits from royalty, politicians, government representatives and scientific leaders. It also continues to gain greater traction from publicists, industrialists and investors, with one highlight being the introduction of Granitor.

A strong company reputation has resulted in invitations to several prominent events, including the first-ever ministerial meeting on fusion energy in Rome and the EU Commission’s Blueprint for Fusion Energy event in Strasbourg. Collaboration across academia, industry and government is and will continue to be crucial in paving the way for NFG and the fusion energy industry in general.

As such, the firm is continuously initiating new partnerships, including a recent MoU signed with the UKAEA, plus the initiation of the Nordic Fusion Forum. Further recognition has come after being named a finalist in the 2024 Capgemini Nordic Sustainability Tech Award, as well as making Ny Teknik’s list of the top 33 most promising tech startups in Sweden.

All of these examples highlight how hard work is paying off in a wider perspective, as NFG helps shape the fusion policy landscape in an international context. This is exciting, but also because we see how fusion energy globally has reached new heights of attention and investment. Total global investment in fusion has surpassed $8 billion with increased government support and private-sector interest.

OUTLOOK

As a team, NFG will remain focused on its roadmap, and during 2025 priorities inlcude:

  • Demonstrating plasma stability. This is not only a technological milestone, but also of great importance to prove the progress of NFG’s concept.
  • Collaborations, partnerships and alliances: Continuing to build and strengthen collaborations, partnerships and alliances that accelerate fusion’s path to market.
  • Government engagement. Politicians and policy experts will continue to be key in building more collaborations such as with UKAEA, FIA and regional governments.
  • Long term financing. Full commitment to ensuring financial capabilities as NFG expands and delivers on its roadmap.
  • N2. Continuing to work on conceptual design of the next prototype, N2, which will form part of the systems that are needed for building a fusion power plant. Decision on, as well as prepare for, a site to build the N2..
  • Building our team. Attracting new talent, but more importantly investing in existing organization by continuously improving ways of working.

Related Posts

Major milestone for Novatron Fusion Group following first plasma shot

Novatron Fusion Group (NFG) has achieved a major milestone in the development of clean fusion energy technology at KTH Royal Institute of Technology in Stockholm after successfully integrating key subsystems in the Novatron 1 (N1) machine and the first ionization tests with hydrogen plasma.