Proxima Fusion is Europe’s fastest-growing fusion energy company, founded in 2023 in Munich as the first spin-out from the Max Planck Institute for Plasma Physics. The company is pioneering the development of the first generation of commercial fusion power plants based on optimized quasi-isodynamic (QI) stellarators — a magnetic confinement approach that builds on the groundbreaking achievements of the Wendelstein 7-X stellarator. By combining decades of world-class plasma physics research with advances in computational optimization, high-temperature superconducting magnets, and systems engineering, Proxima aims to deliver clean, safe, abundant, and continuously available baseload power to the grid in the 2030s. Headquartered in Munich with a rapidly expanding team of over 100 top scientists and engineers from institutions like IPP, MIT, and Google X, Proxima is accelerating Europe’s leadership in the race to commercial fusion.
