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New Jersey, United States

Thea Energy

$20.0M startup

Summary

Thea Energy received a $20 million award from ARPA-E to help manufacture its modular high-temperature superconducting magnets for fusion reactors. The company also said the grant will support its efforts to lower the cost of building its stellarator-based reactor design. Thea Energy is a fusion power startup.

Investors

ARPA-E