Core Insights - The domestic controllable nuclear fusion commercialization process has achieved a significant breakthrough with the establishment of Star Ring Fusion Technology Co., Ltd. in Shanghai, marking the transition from laboratory to engineering demonstration phase [1][2] - The company has completed a 1 billion yuan Series A financing round, led by Shanghai Science and Technology Innovation Group and Shanghai Future Industry Fund, with participation from over ten well-known institutions and individuals [1] - The funds will be used to advance the construction of the next-generation fusion device, with plans to complete engineering validation by 2028 and to establish a commercial demonstration reactor by around 2032 [1] Company Developments - Star Ring Fusion's CEO stated that the company originated from Tsinghua University's technology transfer and has a core team with over 20 years of research and development experience in the fusion field [1] - The project is a key initiative for Shanghai's future energy industry and aims to support the city's development as a globally influential technology innovation center [1][2] Strategic Partnerships - Shanghai Science and Technology Innovation Group has expressed its commitment to support Star Ring Fusion in overcoming challenges in "artificial sun" technology, emphasizing a forward-looking strategy in the controllable nuclear fusion sector [2] - A cooperation agreement was signed between the local government of Jiading District and Star Ring Fusion, which includes the establishment of a research and development center and experimental base in Xu Xing Town [2] - The planned experimental base will cover approximately 25 acres with a total construction area of 50,000 square meters, expected to be completed by 2027, serving as a leading platform for fusion energy research and engineering validation in China [2]
上海加大布局“人造太阳”:星环聚能融资10亿元,2032年或建商业示范堆
Xin Hua Cai Jing·2026-01-12 16:49