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Tokamak Energy Ltd

Tokamak Energy Ltd

Tokamak Energy is a private company accelerating the development of fusion power.

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Tokamak Energy Ltd is a company developing scalable technology for fusion power. Its spherical tokamak in conjunction with high-temperature superconductors (HTS) offers a small and cost-effective solution for fusion reactors. The company believes these compact devices can achieve a much higher plasma pressure for a given magnetic field than conventional tokamaks.

During its first round of testing June 2018 Tokamak Energy's ST40 Tokamak reached 15 million degrees Celcius. It uses a technique known as merging compression to achieve this, the ST40 releases energy as rings of plasma that crash together causing magnetic reconnection. Tokamak Energy is further developing its HTS technology to achieve 100 million degrees Celcius, the temperature required to fuse deuterium and tritium particles together.

Company

Founded in 2009 by Alan Sykes, David Klingham, and Mikhail Gryaznevich the company is headquartered in Oxfordshire, United Kingdom. Sykes a tokamak pioneer and fusion physicist Gryaznevich worked together at the Culham Science Centre developing the Small Tight Aspect Ratio Tokamak (START) a small spherical tokamak.

Funding

Since 2017, Tokamak Energy has raised £77M in 2 funding rounds. The investment was made by Hans-Peter Wild, insurance and investment management group Legal & General, and venture capital company Winton Ventures.

Collaborators
  • CERN
  • Fusion Industry Association
  • Sandvik
  • TWI (The Welding Institute)
  • Imperial College London
  • University of Oxford
  • University of York
  • The University of Tokyo

Timeline

No Timeline data yet.

Funding Rounds

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Products

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Acquisitions

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SBIR/STTR Awards

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Patents

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Further Resources

Title
Author
Link
Type
Date

Moving closer to commercial fusion

https://www.youtube.com/watch?v=g2J30AeIuHc

Web

March 10, 2022

What is China's Tokamak Fusion Reactor?

https://www.asiafinancial.com/artificial-sun-what-is-chinas-tokamak-fusion-reactor

Web

April 14, 2022

References

tokamakenergy.co.uk
Is a
Organization
Organization
Company
Company

Company attributes

Industry
‌
Superconductor
Technology
Technology
Sustainability
Sustainability
Fusion power
Fusion power
Nuclear fusion
Nuclear fusion
Sustainable energy
Sustainable energy
...
Location
Oxfordshire
Oxfordshire
Abingdon-on-Thames
Abingdon-on-Thames
B2X
B2B
B2B
CEO
‌
Jonathan Carling
Founder
‌
Alan Sykes (Scientist)
Mikhail Gryaznevich
Mikhail Gryaznevich
‌
David Kingham
Legal Name
Tokamak Energy Ltd
Legal classification
Private limited company
Private limited company
Date Incorporated
October 23, 2009
Number of Employees (Ranges)
201 – 500-1
Full Address
173 Brook Drive, Milton, Abingdon, Oxfordshire, England, OX14 4SD
Incorporation Reference
07054929
Investors
Legal & General
Legal & General
Winton Ventures
Winton Ventures
Hans-Peter Wild
Hans-Peter Wild
Founded Date
2009
Email Address
info@tokamakenergy.co.uk
careers@tokamakenergy.com
Total Funding Amount (USD)
172,064,539
Latest Funding Round Date
January 2020
Competitors
HelicitySpace
HelicitySpace
Commonwealth Fusion Systems
Commonwealth Fusion Systems
Glassdoor ID
2588553
Latest Funding Type
Series B round
Series B round
Patents Assigned (Count)
6
Country
United Kingdom
United Kingdom

Other attributes

Company Operating Status
Active
UKSIC Code
72190

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