
Novatron Fusion Group
Nuclear fusion reactors built on many years of fusion research to control magnetic field required and keep the super-hot plasma in place.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | €10.0m | Series A | |
Total Funding | 000k |
SEK | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
% profit margin | (1 %) |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
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Novatron Fusion Group AB, headquartered in Stockholm, Sweden, is at the forefront of developing the NOVATRON fusion reactor, an innovative solution for stable magnetic plasma confinement. Established in 2019, the company leverages state-of-the-art technology and collaborates with leading physicists, engineers, and academic institutions to advance the commercial viability of fusion energy. Novatron Fusion Group aims to make fusion energy a preferred, large-scale, dispatchable source of clean and safe energy. The company's business model focuses on streamlining nuclear engineering processes and reducing the capital and operational costs associated with future fusion reactors. By doing so, Novatron Fusion Group seeks to expedite the development of economically viable commercial fusion energy solutions. The company serves governments and private sector entities investing in fusion energy research, operating within the clean energy market. Revenue is generated through partnerships, research grants, and future commercial applications of their fusion technology.
Keywords: fusion energy, magnetic plasma confinement, NOVATRON reactor, clean energy, nuclear engineering, Stockholm, partnerships, physicists, engineers, academia.