Thea Power lands $20M federal grant to construct its magnets for fusion reactors
For hard-tech startups, manufacturing is a dear endeavor. Now, Thea Energy has a leg up courtesy of a Division of Power grant. The fusion energy startup advised TechCrunch Monday that it has acquired a $20 million award from ARPA-E to assist manufacture its modular high-temperature superconducting (HTS) magnets. HTS magnets are expensive however vital parts…