Tokamak Energy

Tokamak Energy aims to accelerate the development of fusion energy by combining two emerging technologies – spherical tokamaks and high-temperature superconductors. Tokamaks are the most advanced fusion concept in the world, but recent progress has been slow and we need to take an innovative approach to develop fusion faster. Their business model is based on agility and "open innovation" – working collaboratively with engineering companies, research laboratories and universities, whilst ensuring that they retain the ownership of crucial intellectual property.
Tokamak Energy grew out from Culham Laboratory, which is the world’s leading centre for magnetic fusion energy research and home to the world’s most powerful tokamak, JET, which produced 16MW of fusion power in 1997. Tokamak Energy is particularly focused on Spherical Tokamaks, pioneered at Culham, because these compact devices can achieve a much higher plasma pressure for a given magnetic field than conventional tokamaks, i.e. they are more efficient.
Theoretical calculations show that a Spherical Tokamak using high fields produced by HTS magnets could be significantly smaller than other fusion machines currently proposed.  For example, a compact ST power plant would have a volume up to 100 times smaller than ITER – the successor to JET currently being built in France at a cost of €15bn – so would be approximately room-sized rather than aircraft-hangar-sized.  This development creates such a substantial commercial opportunity that the company intends to focus its efforts and resources on developing a compact Spherical Tokamak fusion energy source to demonstrate net energy gain.
The Tokamak Energy team consists of world-leading fusion scientists from Culham Laboratory and an experienced CEO with a physics research background and twenty years of high-tech startup business experience.

Company Growth (employees)
Type
Private
HQ
Milton, GB
Size (employees)
30 (est)+4%
Tokamak Energy is headquartered in Milton, GB

Tokamak Energy Office Locations

Tokamak Energy has an office in Milton
Milton, GB (HQ)
Milton Park, Abingdon, Oxfordshire OX14 4RN, UK

Tokamak Energy Data and Metrics

Summary Metrics

Total Funding

$274.9 k

Latest funding size

$274.9 k

Time since last funding

over 6 years

Investors

Tokamak Energy's latest funding round in March 2011 was reported to be $274.9 k. In total, Tokamak Energy has raised $274.9 k

Tokamak Energy Financial Metrics

GBP

Cash (31-Mar-2016)

1.2 m
GBPFY, 2014FY, 2015FY, 2016

Cash

1.3 m1.3 m1.2 m

Accounts Receivable

471.3 k627.2 k1.1 m

Current Assets

1.8 m2 m2.4 m

PP&E

37 k33.4 k22.3 k
Y, 2016

Financial Leverage

2.9 x
Show all financial metrics

Traffic Overview of Tokamak Energy

Tokamak Energy Online and Social Media Presence

Tokamak Energy News and Updates

After 60 years, is nuclear fusion finally poised to deliver?

It’s been a long time coming, but the world’s top powers are now betting billions on the Iter collaboration to deliver clean, safe, limitless energy for the modern world“We are standing on the ground that could change the future of energy,” says engineer Laurent Pattison, deep in the reactor pit of …

MIT nuclear fusion record marks latest step towards unlimited clean energy

Scientists create the highest plasma pressure ever recorded with the Alcator C-Mod reactor in a breakthrough for clean energy technologyA nuclear fusion world record has been set in the US, marking another step on the long road towards the unlocking of limitless clean energy. A team at the Massachus…

Chinese firm with military ties invited to bid for role in UK's nuclear future

China National Nuclear Corporation on government list of preferred bidders for development funding for next-generation modular reactorsA controversial Chinese company has been selected to bid for millions of pounds of public money in a UK government competition to develop mini nuclear power stations…

Tokamak Energy Company Life and Culture

You may also be interested in