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Proxima Fusion

Develops commercial fusion reactors using QI-HTS

Head of Licensing & Regulation

Full-Time
No salary listed
Expert
Munich, Germany
In PersonBased in, or willing to relocate to, Munich.

About the job

Requirements
  • Substantial experience navigating licensing and regulatory environments for complex industrial or energy infrastructure projects.
  • Ability to work directly with regulators and government bodies and build credibility and trust over time.
  • Ability to collaborate across engineering, finance, and operations and with external partners and regulators.
  • Fluency in English.
  • Based in, or willing to relocate to, Munich.
Responsibilities
  • Lead Proxima Fusion’s licensing and regulatory strategy across Alpha and Stellaris.
  • Define a regulatory pathway for Alpha, Proxima’s net-energy-gain stellarator in Munich.
  • Lead regulatory and site-feasibility work for Stellaris at Gundremmingen with RWE.
  • Translate regulatory requirements into practical, executable plans.
  • Identify licensing risks, critical dependencies, approval milestones, and potential regulatory blockers.
  • Build relationships with regulators, public authorities, external partners, and technical experts.
  • Represent Proxima in regulatory discussions and establish credibility with key decision-makers.
  • Coordinate with engineering, finance, operations, and programme leadership.
  • Ensure technical and commercial decisions align with licensing requirements.
  • Support site-selection, permitting, environmental, safety, and regulatory-readiness activities.
  • Develop regulatory positions, submissions, evidence packages, and engagement strategies.
  • Report directly to the COO and provide recommendations on regulatory strategy, risk, and progress.
  • Engage with relevant German federal, state, and local authorities for Alpha.
  • Lead the licensing and regulatory dimension of the Stellaris site-feasibility evaluation at Gundremmingen in partnership with RWE.
  • Represent Proxima in policy forums and industry working groups to help shape a modernized fusion regulatory framework.
  • Partner with engineering, finance, operations, and legal counsel on design, licensing, cost, schedule, resourcing, and regulatory risk.
  • Build and lead a licensing and regulatory function across multiple sites and jurisdictions.
Desired Qualifications
  • Experience in nuclear fission and/or fusion licensing is a plus, though not required.
  • German language skills are a strong plus.

About the company

Proxima Fusion designs and builds fusion power plants based on quasi-isodynamic high-temperature-superconductor (QI-HTS) stellarators. Its main project, Alpha, is a net-energy stellarator demonstrator near Munich developed with partners Bavaria, IPP and RWE to test and prove the technology before a commercial Stellaris plant planned for the 2030s. The company leverages its roots as the first Max Planck Institute for Plasma Physics spin-out and uses advanced HTS magnets to create steady magnetic confinement for fusion plasma, enabling a scalable path to power generation. Proxima differentiates itself by pursuing a clear commercial roadmap from a world-class research lineage, collaboration with industry and government partners, and a focus on the Stellaris design to move from a demonstrator to a market-ready fusion power plant. The goal is to deliver commercially viable fusion energy, moving from the Alpha demonstrator to fully commercial Stellaris plants in the 2030s.

Company Size

51-200

Company Stage

Series B

Total Funding

$651.5M

Headquarters

Munich, Germany

Founded

2023

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Simplify's Take

What believers are saying

  • Lower Saxony signed September 2026 MoU, backing Europe's first large-scale HTS tape plant.
  • Proxima reports around 200 employees and active hiring across Munich, Zurich, and Oxford.
  • Germany's STRIDE hub funding and Bavaria support strengthen Alpha's regulatory and financing path.

What critics are saying

  • HTS tape stays concentrated in China and Japan, exposing Alpha to supply shocks.
  • Alpha depends on 2026-2029 HTS plant milestones; delays push Stellaris beyond 2030s.
  • No net-energy stellarator exists commercially; a failed Alpha would break investor confidence.

What makes Proxima Fusion unique

  • First Max Planck IPP spinout, built on Wendelstein 7-X stellarator science.
  • Proxima raised €411 million in July 2026, plus Google and RWE strategic backing.
  • Alpha Alliance now spans 50+ industrial partners supporting HTS magnets and components.

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BetaKit
Sep 29th, 2026
Ex-General Fusion employee raises $4 million USD for fusion diagnostics startup Daedal.

Ex-General Fusion employee raises $4 million USD for fusion diagnostics startup Daedal. Toronto-based firm provides plasma measurement systems for fusion companies. A former employee of General Fusion has started his own company to make a standardized component to support companies working to generate fusion power. The news: Toronto-based Daedal Systems has raised just over $4 million USD ($5.7 million CAD) to develop standardized plasma measurement systems for the nuclear fusion industry. The round was led by OMERS Ventures, with participation from Garage Capital, Panache Ventures, Ripple Ventures, MaRS Investment Accelerator Fund, and a group of angel investors. Fusion developers need detailed plasma measurements to understand how their reactor designs perform. That component is often designed in-house by the developers. By specializing in this one component, Daedal wants to free up resources for those companies to focus on developing their reactors. The fledgling company will use its fresh funding to build its first three reactor diagnostic systems and deploy the prototypes with pilot customers. From the source: "After building and deploying plasma measurement systems at General Fusion, I saw the same challenge across the sector: every company needs high-quality diagnostics, but too much time and capital go into recreating similar systems in-house," Daedal founder and CEO Henry Gould said in a statement. "Daedal was created to solve that problem...and help them move faster toward commercialization." The context: The global race for commercial fusion power - an as-of-now theoretical method of harnessing energy from reactions similar to those that power the sun - has captured players from around the globe, from national labs to private companies like General Fusion, where Gould worked in many different roles from 2018 to 2025. The technology, if proven commercially viable, promises abundant, fossil-fuel-free power. Daedal did not disclose who its pilot customers are, however, a spokesperson told BetaKit that the firm has signed memoranda of understanding with fusion companies like Toronto-based Stellarex Energy, Proxima Fusion, OpenStar Technologies, and Marathon Fusion. Final thought: Daedal, which has a research partnership with the University of Wisconsin-Madison, claims its platform can adapt to different fusion machines and reactor approaches. While the company's initial focus is on the fusion industry, it said it has a longer-term ambition to become a major provider for other industries that require advanced measurement systems. Feature image courtesy Daedal Systems.

Techflier
Sep 12th, 2026
German fusion startup to build €140M superconducting tape plant.

German fusion startup to build €140M superconducting tape plant. Proxima Fusion plans a €140M plant to make the superconducting tape its reactors depend on. Last updated: September 12, 2026 12:06 am Proxima Fusion will spend €140M ($162.6M) on a factory making fusion-grade high-temperature superconducting tape, the Munich company said, in a push to secure a component almost entirely sourced from Asia. The plan follows the startup's €411M raise earlier this year, which lifted it among Europe's best-funded fusion developers. Lower Saxony is contributing €21M, with the rest drawn from public and private sources. HTS tape generates the powerful magnetic fields that contain plasma inside a reactor. Proxima's demonstration plant will need 20,000 kilometres of the material, and a commercial power plant double that. The vast majority of HTS tape is produced in China and Japan, leaving European reactor designers exposed to supply and trade risk. Proxima argues that owning production gives it control over cost, quality and delivery schedules. The material only became commercially viable in the past ten to fifteen years, and it reshaped reactor economics. Machines that once depended on enormous low-temperature magnets could suddenly be built smaller, because the tape carries current without resistance at higher thermal thresholds. Demand is no longer confined to fusion. Companies such as Veir use the material to raise the power density of data centre connections, putting the technology in competition with the AI infrastructure boom for scarce capacity. Proxima has not said when the plant will start production. If it succeeds, Europe would gain its first domestic source of a material that currently shapes the fortunes of every fusion developer on the continent.

IntelPro
Sep 10th, 2026
Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers.

Proxima Fusion bets €140M on a critical fusion ingredient dominated by Asian suppliers. Proxima Fusion said Wednesday it plans to build a €140 million ($162.6 million) factory to produce fusion-grade high-temperature superconducting (HTS) Proxima Fusion is betting on a critical ingredient for its fusion reactors: superconducting tape. Proxima Fusion said Wednesday it plans to build a €140 million ($162.6 million) factory to produce fusion-grade high-temperature superconducting (HTS) tape, which will provide the startup with key component to its reactor design. The move comes months after Proxima raised €411 million in a round that catapulted the company up the ranks of the best-funded fusion startups. The Germany-based fusion startup plans to use a mix of public and private funding to complete the factory, with the state of Lower Saxony chipping in €21 million. Proxima will use HTS tape to generate powerful magnetic fields to contain the plasma required to spark fusion reactions. The startup's demonstration plant will use 20,000 kilometers of HTS tape, while its commercial power plant will need twice as much. Today, the vast majority of HTS tape is made in China and Japan. HTS tape emerged a little over a decade ago as one of the fundamental breakthroughs that enabled the current generation of fusion power startups. Because it can generate strong magnetic fields at relatively high temperatures, HTS tape enables smaller and more efficient reactor designs. While fusion power is expected to consume a large portion of the world's HTS tape production, other companies like Veir are using it to boost the efficiency and power density of data centers.

Swisstrade
Aug 25th, 2026
Four Swiss start-ups nominated for the Spark Award 2026.

Four Swiss start-ups nominated for the Spark Award 2026. 25 August 2026 13:50 Supporting partner. Düsseldorf/Berlin/Munich - Four Swiss companies have been included on the list of ten nominees for the Spark Award: Jua, terralayr, Proxima Fusion and Sphere Energy. This technology award is presented by "Handelsblatt" and McKinsey to start-ups with the potential to fundamentally and sustainably transform markets. (CONNECT) The German business newspaper "Handelsblatt" and the management consulting firm McKinsey have announced the finalists for their Spark Award - The Technology Award 2026. The nominees include Jua.ai from Zurich and the Zug-based terralayr, two start-ups founded in Switzerland in 2022. Moreover, two German companies with key subsidiaries located in Switzerland, namely Proxima Fusion (Munich/Villigen in the canton of Aargau) and Sphere Energy (Grossaitingen/Zurich), are also in the running for the award. This year marks the 11th occasion on which the Spark Award has been presented to exceptional and innovative start-ups from Germany, Austria and Switzerland, whose ideas have the potential to fundamentally and sustainably transform markets. The award ceremony is set to take place in Munich on November 5. Jua.ai is working on the development of a universal simulation engine for the physical world. The start-up already operates a weather forecasting model, which is now being expanded to cover the entire Earth system in order, for example, to model fluid dynamics around vehicles and turbines or to simulate wildfires and floods. Terralayr, headquartered in Zug with an office in Berlin, develops and operates large-scale battery energy storage systems (BESS). In 2026, the company has managed to secure an investment of 192 million euros. Terralayr is not only the fastest-growing BESS operator in Germany but also makes energy flexibility tradable and scalable through its LAYR platform, which supports grid stability and helps to balance electricity prices. Proxima Fusion is Europe's highest-valued stellarator company and the first spin-off from the Max Planck Institute for Plasma Physics. In 2026, it successfully secured financing of 411 million euros for the development of fusion power plants that operate on the basis of QI-HTS stellarators. Since 2024, Proxima Fusion has been collaborating with the Paul Scherrer Institute to develop high-temperature superconducting magnet technology for the stellarator at its facility located at Switzerland Innovation Park Innovaare (Villigen). Sphere Energy has created an operating system and an associated data platform that uses Artificial Intelligence to make industrial product development almost as fast as software development processes. To this end, the start-up aggregates distributed development data from test facilities or simulations with field data and to provide actionable insights. Also nominated are the Berlin-based start-ups Apheris, deepset and Qdrant, as well as Focused Energy (Darmstadt), Lidrotec (Bochum) and Q.ANT (Stuttgart). ce/mm

Proximo Infra
Jul 27th, 2026
Proxima Fusion appoints head of partnerships.

Proxima Fusion appoints head of partnerships. Proxima Fusion has appointed Ahmed Diallo as head of global partnerships in Munich, Germany, as it scales its stellarator fusion programme. Diallo brings more than two decades of fusion experience, including work as a research physicist and later as a leader in U.S. federal fusion programmes... Exclusive subscriber content... Not yet a subscriber? Join us today to continue accessing content without any restrictions Or to request access to Proximo Intelligence contact us