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Thea Energy lands $20M federal grant to build its magnets for fusion reactors

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Thea Energy lands $20M federal grant to build its magnets for fusion reactors

TechCrunch · Jul 27, 2026, 8:40 PM UTC

Fusion power startup Thea Energy snagged a $20 million award from ARPA-E to scale production of its high-temperature superconducting magnets.