Image Credits:Thea Energy
1:40 PM PDT · July 27, 2026
For hard-tech startups, manufacturing is a pricey endeavor. Now, Thea Energy has a leg up courtesy of a Department of Energy grant.
The fusion power startup told TechCrunch Monday that it has received a $20 million award from ARPA-E to help manufacture its modular high-temperature superconducting (HTS) magnets.
HTS magnets are costly but important components in any magnetic confinement reactor, one of the two main ways startups are attempting to harness fusion power for commercial purposes. In magnetic confinement reactors, powerful magnetic fields contain and compress plasma, helping to heat the particles until the fuel can fuse and release large amounts of energy.
