Full-Time

Plasma Edge Transport Physicist

Proxima Fusion

Proxima Fusion

51-200 employees

Develops QI stellarator fusion power plants

No salary listed

Munich, Germany

In Person

Bachelor's

Category
Data & Analytics (1)
Required Skills
Python
Machine Learning
Julia
C/C++

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Requirements
  • Hold a postgraduate degree in plasma physics.
  • Have strong experience in edge transport and a clear interest in translating physics understanding into a practical plasma exhaust strategy.
  • Have experience using simulation and modeling to inform the geometry and operational limits of high-heat-flux systems.
  • Be comfortable working across disciplines and collaborating directly with engineers to frame open-ended design challenges, propose solutions, test ideas, and iterate quickly.
  • Be proficient in scientific programming languages including Python, Julia, C++, and/or Fortran.
Responsibilities
  • Develop and apply theoretical and computational models of the edge and Scrape-Off Layer, including models addressing turbulent transport, equilibrium ExB flows, molecular recombination, and impurity behavior in the stellarator edge.
  • Ground results and design strategy in experimental insights and integrate them into the design of next-generation plasma exhaust systems.
  • Engage closely with engineers to ensure compatibility with overall device design and reactor-relevant operating scenarios.
  • Advance edge transport physics models, including turbulent transport characterization, drift effects, and impurity migration, for reactor-relevant stellarator exhaust solutions.
  • Advance the physics and design of the divertor, baffling, and first-wall geometry to enable robust heat and particle exhaust while managing helium ash, impurities, and extreme power loads under reactor-relevant conditions.
  • Apply state-of-the-art numerical models directly to hardware design decisions with reactor-scale impact.

Proxima Fusion designs the first generation of fusion power plants based on Quasi Isodynamic (QI) stellarators. These devices use carefully shaped magnetic fields to confine hot plasma so fusion reactions can run continuously. The system relies on high-temperature superconductors and advanced computational design to optimize magnetic confinement, aiming for steady, intrinsic stability. The company’s product is a QI stellarator-based power plant, implemented through partnerships, licensing, and direct sales to utilities and governments. Unlike traditional fusion concepts that depend on large current drives, the QI approach focuses on continuous operation with stable confinement. Proxima Fusion’s goal is to provide clean, abundant, and safe energy that complements renewable sources and supports a sustainable energy transition in Europe.

Company Size

51-200

Company Stage

Series B

Total Funding

$651.5M

Headquarters

Munich, Germany

Founded

2023

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Simplify Jobs

Simplify's Take

What believers are saying

  • July 7, 2026 raised €411 million from Google, RWE, XTX, and East X.
  • February 26, 2026 Bavaria, RWE, and IPP signed Alpha and Stellaris framework.
  • Hiring continues across engineering, manufacturing, and operations after the 2026 financing surge.

What critics are saying

  • Germany's remaining €1.2 billion federal funding is uncommitted; Alpha stalls without it.
  • Garching permits, site selection, and regulatory approvals remain unresolved for 2026.
  • Net-energy stellarators have never reached commercial electricity; a 2030s failure ends Proxima.

What makes Proxima Fusion unique

  • Max Planck IPP spinout with quasi-isodynamic stellarators and continuous-operation design.
  • Europe's largest fusion funding base, plus Alpha Alliance's 30-plus industrial partners.
  • Vertical integration across Munich, Zurich, and Oxford concentrates magnets, engineering, and manufacturing.

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Benefits

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

1%
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

3D Adept
Jul 16th, 2026
Freemelt joins Alpha Alliance to deliver 3D printed tungsten parts for Proxima Fusion's net-energy stellarator.

Freemelt joins Alpha Alliance to deliver 3D printed tungsten parts for Proxima Fusion's net-energy stellarator. July 16, 2026 We do not usually get to speak twice in the same week about the same company. Yet, here we are, talking about Proxima Fusion, again, the company that claims to be Europe's best-funded fusion company. On the heels of a funding round of more than €650 million ($740 million), including €95 million in public grants, the developer of next-generation stellarators for commercial fusion energy signed a Memorandum of Understanding (MoU) with Freemelt, a manufacturer and supplier of Electron Beam Powder Bed Fusion (E-PBF) 3D printers. Through the agreement, Freemelt becomes a member of the Alpha Alliance, a collaboration between industrial companies and research institutes working on the development of Alpha, a stellarator-based fusion demonstrator. "Fusion is a strategic focus area for Freemelt, and we are pleased to join the Alpha Alliance together with Proxima Fusion and the other partners. This collaboration further validates Freemelt's position within the fusion ecosystem and provides an opportunity to contribute our expertise in tungsten manufacturing to one of Europe's most ambitious fusion programmes," says Daniel Gidlund, CEO of Freemelt. Proxima Fusion focuses on developing stellarator technology for safe, sustainable and cost-effective fusion energy. The company's Alpha programme aims to demonstrate net energy production in a stellarator capable of steady-state operation, representing an important step towards commercial fusion power. The collaboration is expected to progress through successive development phases, including design studies, prototyping, testing and future industrialization activities. The MoU provides a framework for cooperation, and the parties intend to establish specific agreements for future projects and deliveries. "We are pleased to welcome Freemelt to the Alpha Alliance. Freemelt's expertise in additive manufacturing and tungsten components will be an important contribution to the development of Alpha and our shared ambition to accelerate the path towards commercial fusion energy," says Lucio Milanese, co-founder and Chief External Affairs Officer at Proxima Fusion.

Proximo Infra
Jul 8th, 2026
Proxima raises €411m for German fusion demonstrator.

Proxima raises €411m for German fusion demonstrator. Proxima Fusion has raised €411 million ($468 million) to develop its Alpha fusion demonstrator near Munich, Germany. XTX Ventures and East X Ventures led the round, with RWE and Google joining as strategic investors. KfW Capital, SPRIND and Burda Principal Investments also joined,... 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

Proxima Fusion
Jul 7th, 2026
Proxima Fusion Raises €411 Million to Build Europe’s Commercial Fusion Champion

Proxima Fusion today announced a €411 million ($468 million) financing round, bringing the company’s valuation to €2.4 billion ($2.7 billion) and establishing Proxima as the best-funded fusion company in Europe.

Group Africa Publishing Limited
Jul 7th, 2026
Proxima fusion power plant, Europe's first, gains momentum after securing €411M backing.

Proxima fusion power plant, Europe's first, gains momentum after securing €411M backing. Home " Energy " Nuclear " Proxima fusion power plant, Europe's first, gains momentum after securing €411M backing. Published on Jul 7, 2026 Discover more nuclear power Western Europeans Europe's ambition to build its first commercial fusion power plant has taken a major step forward after Munich-based Proxima Fusion secured a €411 million financing round backed by investors including Google and German energy utility RWE. The funding, one of the largest ever raised by a European fusion company, backs Proxima's plans to develop a stellarator-based fusion demonstration reactor before constructing what it hopes will become Europe's first commercial fusion power plant at the former Gundremmingen nuclear power station in Germany in the late 2030s. The investment reflects growing confidence that fusion could become a key component of Europe's long-term clean energy strategy. It is also expected to help meet the rapidly rising electricity demand from industry, electrification and AI data centers. The planned Proxima fusion power plant in Europe. At the center of Proxima's strategy is the development of Europe's first commercial stellarator-based fusion power plant. Earlier this year, Proxima Fusion, RWE, the Free State of Bavaria and the Max Planck Institute for Plasma Physics signed a framework agreement to jointly pursue development of the commercial facility. Discover more Construction Review Dictionaries & Encyclopedias Under current plans, RWE has proposed the site of its former Gundremmingen nuclear power station in Bavaria as the preferred location for the future commercial reactor. Before commercial deployment, the company intends to construct its "Alpha" demonstration stellarator near Munich, targeting operation around 2031. The demonstration facility is also expected to validate the technology, manufacturing processes and engineering systems needed for commercial-scale electricity generation. The commercial power station would follow later in the decade. Construction is subject to successful technical milestones, regulatory approvals and continued public-private financing. Bavaria has also indicated potential financial support alongside expected contributions from the German federal government and private investors. Why Proxima chose the stellarator. Unlike the more common tokamak design pursued by many fusion developers worldwide, Proxima is developing a quasi-isodynamic stellarator. A stellarator uses complex twisted magnetic fields to confine ultra-hot plasma continuously without relying on the large plasma currents required by tokamaks. While significantly more difficult to design and manufacture, stellarators are considered by many researchers to offer improved plasma stability and continuous operation. This potentially makes them better suited for commercial electricity generation. Recent advances in computational modelling, superconducting magnets and precision manufacturing have also renewed industry interest in stellarators after decades of limited development. Proxima fusion power plant: Project financing. The project combines private venture capital with anticipated public funding. Current plans indicate that approximately 20% of the commercial project cost would come from Proxima and private investors. Bavaria proposes another 20%, while the remaining funding would likely require support from Germany's federal government and European funding programs. €411 million financing accelerates commercialization. The new €411 million funding round values Proxima Fusion at approximately €2.4 billion. It includes participation from Alphabet's Google alongside German utility RWE. The financing follows the company's record €130 million Series A round completed in 2025. It also provides resources to advance engineering, manufacturing and regulatory work required for commercial deployment. Google's participation represents its first investment in a European fusion company. It also highlights increasing interest from major technology firms seeking reliable carbon-free electricity supplies for rapidly expanding AI infrastructure. RWE's continued involvement reflects growing utility interest in fusion as a potential future baseload generation technology that could complement renewable energy portfolios. Energy from nuclear fusion. Unlike conventional nuclear fission, fusion seeks to generate electricity by replicating the process that powers the sun. It produces abundant carbon-free energy without long-lived radioactive waste or greenhouse gas emissions. Although commercial fusion remains technically challenging and no private company has yet demonstrated sustained net electricity production, governments, utilities and technology companies are increasing investments in the sector as part of broader energy security and decarbonization strategies. Europe has been a global leader in fusion science through institutions such as the Max Planck Institute for Plasma Physics, the ITER program in France and the STEP fusion power plant in the UK. However, commercialization efforts have increasingly shifted toward private companies capable of turning decades of scientific research into deployable power plants. Proxima Fusion, founded in 2023 as the first spin-out from the Max Planck Institute for Plasma Physics, has emerged as one of Europe's leading contenders in that race. Outlook on the planned Proxima fusion power plant in Europe. Over the next several years Proxima Fusion will focus on completing detailed engineering and manufacturing its first high-temperature superconducting magnets. The company will also advance through regulatory approvals and developing its Alpha demonstration stellarator. Successful commissioning of that facility will determine the timeline for construction of the commercial power plant at Gundremmingen. While significant scientific, engineering and financial hurdles remain before commercial fusion becomes a reality, the latest investment represents one of the strongest endorsements yet of Europe's ambition to deliver commercial fusion electricity within the next two decades. For Europe, successful delivery of the Proxima project would establish the continent's first commercial fusion power plant. This is while helping preserve its leadership in fusion research against growing competition from the United States, China and the United Kingdom. Europe's first commercial stellarator fusion power plant project factsheet. Developer: Proxima Fusion Technology: Quasi-isodynamic stellarator magnetic confinement fusion Commercial plant location: Former Gundremmingen Nuclear Power Station in Bavaria, Germany Demonstration project: Alpha Stellarator, Garching/Munich region Latest funding announced: €411 million Company valuation: €2.4 billion Key investors: Google (Alphabet), XTX Markets, RWE and existing investors Key project partners: RWE, Free State of Bavaria, Max Planck Institute for Plasma Physics Commercial operation target: Late 2030s Power generation: Carbon-free fusion electricity