What it sells
Fusion reactor.
Business model breakdown
Workflow: what inputs become what output?
Connected cycles of simulation, manufacturing, testing and integration to build the Alpha demo stellarator (net energy gain targeted early 2030s) and then the Stellaris commercial power plant (2030s).
Economics: what it saves and how it charges
Pre-revenue; builds first-generation stellarator fusion power plants and the industrial platform/supply chain for them; Alpha Alliance partners.
Distribution: how it reaches customers
Planned sale/operation of stellarator fusion power plants (Stellaris) after demo machine Alpha in early 2030s; currently partner-led development.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-07-07 | — | 411 Millionen Euro | — | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.