Proxima Fusion is a nuclear fusion energy company founded in 2021 and headquartered in Greifswald, Germany. The company specializes in stellarator fusion technology, a distinctive engineering approach to commercial fusion that uses precisely shaped magnetic field configurations to contain and heat plasma at extreme temperatures. Located in a region with deep scientific heritage in fusion research, Proxima Fusion is working to develop the technical and commercial viability of stellarator systems as a scalable clean energy solution. As a privately held, venture-backed company, Proxima Fusion is part of the emerging wave of startups competing to make fusion energy economically practical and deploy it as a viable alternative to conventional power generation.
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