Jun 11th, 2025

Sciortino: Proxima Fusion Is Like a European Treasure

It's time for the German government to go big on nuclear fusion, says Francesco Sciortino, CEO of Proxima Fusion. The German nuclear fusion energy startup has just raised €130 million as it seeks to build a demonstration version of its pioneering fusion power plant by 2031. “The company should feel like a European treasure,” says Sciortino. He spoke to Bloomberg's Tom Mackenzie on "Daybreak: Europe."