Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers

• 🏗️ Proxima Fusion has announced plans to construct a €140 million ($162.6 million) specialized production facility.
• ⚡ The factory will focus on manufacturing fusion-grade high-temperature superconducting (HTS) tape.
• 🔬 This investment secures a critical supply chain component essential for the development of the startup's fusion reactor design.