TAE Technologies raises $150m, Fusion Supply Chain spending almost doubles in 2024, Wendelstein 7-X sets new performance records

Mechanical design engineer Jasmine Mund gives this week's global fusion news update, summarizing behind all of the major headlines. Links to all of the stories mentioned are included below.1. TAE Technologies raises $150m in funding for fusion energy developmenthttps://www.power-technology.com/news/tae-technologies-fusion-energy-development/2. Fusion Supply Chain spending almost doubles in 2024, according to Fusion Industry Assocationhttps://www.fusionindustryassociation.org/fusion-supply-chain-spending-almost-doubles-in-2024-according-to-fusion-industry-association/3. Wendelstein 7-X sets new performance records in nuclear fusion researchhttps://www.innovationnewsnetwork.com/wendelstein-7-x-sets-fusion-record-boosting-hopes-for-future-stellarators/58820/4. ‘We’re definitely on the back foot’: U.S. risks losing fusion energy race to China, industry leaders warnhttps://www.geekwire.com/2025/were-definitely-on-the-back-foot-u-s-risks-losing-fusion-energy-race-to-china-industry-leaders-warn/5. Kyoto, Fujikura advance fusion magnet techhttps://www.geekwire.com/2025/were-definitely-on-the-back-foot-u-s-risks-losing-fusion-energy-race-to-china-industry-leaders-warn/Bonus: https://phys.org/news/2025-06-qa-exploring-ultra-high-temperature.htmlhttps://www.innovationnewsnetwork.com/uks-advancements-in-plasma-physics-fusion-energy/58711/https://www.youtube.com/watch?v=7XC6nYCu3UY