Thea Energy Secures $20 Million DOE Grant for Fusion Magnet Manufacturing
  • News
  • North America

Thea Energy Secures $20 Million DOE Grant for Fusion Magnet Manufacturing

The fusion power startup will scale production of its high-temperature superconducting magnets.

7/28/2026
Ali Abounasr El Alaoui
Back to News

Thea Energy, a prominent fusion power startup, has secured a significant $20 million award from the U.S. Department of Energy. This funding is designated to scale up the manufacturing of its innovative high-temperature superconducting magnets. The grant marks a critical step in advancing the company's mission to commercialize fusion energy using its unique stellarator reactor design.


Advancing Magnet Manufacturing

The award comes from the Advanced Research Projects Agency - Energy's (ARPA-E) SCALEUP program, which supports commercially viable energy technologies. Thea Energy will use the funds to establish the first domestic production line for its modular high-temperature superconducting (HTS) magnets. These components are essential for magnetic confinement reactors, which contain superheated plasma to generate energy.

Thea's approach reinvents the complex stellarator design by using arrays of mass-manufacturable magnets to reduce costs. Its system employs a few large magnet templates and over 300 smaller, identical software-controlled coils. This innovative configuration allows for more forgiving construction tolerances and simplifies what is typically a highly expensive manufacturing process.

A Strategic Step Towards Commercial Fusion

Brian Berzin, CEO of Thea Energy, noted that the company has iterated its coil designs over a hundred times to de-risk the core technology. The company plans to utilize approximately 300 of these planar shaping coils in its first large-scale integrated system, named "Eos". This manufacturing scale-up is positioned to accelerate the commercialization of various fusion system architectures.

This government award follows a series of major milestones that underscore the company's rapid progress in the competitive fusion landscape. Thea Energy recently raised $100 million in a Series B funding round, adding to a previous $20 million Series A. These achievements establish the company as a well-capitalized leader on the path to developing a commercial power plant.

Strengthening Domestic Energy Innovation

The SCALEUP program specifically targets innovations that can strengthen domestic energy supply chains and accelerate market adoption. Dr. Dave Nye, the program's federal lead, highlighted that modular, factory-built magnet components will enable the fusion industry to scale effectively. This initiative supports ARPA-E's mission to deliver affordable, reliable, and secure energy for the nation.

Thea Energy's deep scientific foundation is rooted in its origins as a spin-out from Princeton University and the Princeton Plasma Physics Laboratory. The company's foundational technology was developed as part of a previous ARPA-E program, demonstrating a successful pipeline from research to commercialization. This high-performance magnet technology also holds the potential to revolutionize adjacent industries beyond fusion energy.


The $20 million grant serves as a powerful endorsement of Thea Energy's strategy to solve key manufacturing challenges in fusion power. By focusing on scalable, cost-effective magnet production, the company is not just advancing its own technology but also bolstering the entire domestic fusion ecosystem. This strategic funding accelerates Thea Energy's journey toward its goal of delivering clean, abundant baseload power.