nT-Tao Compact Fusion Power Awarded Additional Grant from Israel Innovation Authority to Advance Compact Fusion Technology

Funding Reinforces Israel’s Commitment to Deep Tech Innovation in Fusion Energy Development

TEL AVIV, Israel, March 3, 2025 /PRNewswire/ — nT-Tao, a pioneering fusion energy company, has been awarded an additional grant from the Israel Innovation Authority to support the development of its next-generation fusion concept demonstrator. This latest grant marks the fourthconsecutive time the company has received backing from the Authority, reinforcing Israel’s continued confidence in nT-Tao’s groundbreaking work in the field of nuclear fusion.

The grant, totaling $5 million over three years, has been approved for the first year and will be used to develop a smaller, more compact fusion demonstrator, which is expected to be completed in two years and will serve as a critical step toward the company’s next full-scale prototype.  Unlike traditional fusion projects, nT-Tao’s approach is focused on delivering a significantly more compact solution, positioning the company among the most advanced fusion energy developers worldwide.

“Our vision is to accelerate the path to commercial nuclear fusion with a compact and scalable system,” said Oded Gour-Lavie, CEO and Co-Founder of nT-Tao. “This latest grant is not just financial support—it is a strong and repeated vote of confidence from the State of Israel in our ability to revolutionize the future of clean energy.”

The Israel Innovation Authority plays a crucial role in fostering cutting-edge technological advancements by supporting innovative companies in high-impact fields such as energy, healthcare, and artificial intelligence. By funding ambitious research and development projects, the Authority helps Israeli startups and scale-ups push the boundaries of science and engineering, strengthening Israel’s position as a global technology leader. Its continued support for nT-Tao underscores the potential of the company’s fusion technology to contribute to a sustainable energy future.

“The Israel Innovation Authority is investing in nT-Tao as part of its policy to encourage research in emerging technologies that shape the activities of the high-tech industry, while relying on knowledge imported from leading research institutes and academies worldwide,” said Dr. Aviv Zeevi, VP of Infrastructure at the Israel Innovation Authority.

nT-Tao has previously received multiple grants from the Israel Innovation Authority, enabling collaboration with world-renowned institutions such as Princeton University, MIT, and the Technion on critical systems that will be integral to its fusion power platform. These partnerships have further strengthened the company’s technological foundation and reinforced its position as a global leader in the race for commercial fusion energy.

nT-Tao emphasizes that for a lean and agile company, this funding is a substantial contribution that propels its mission forward. The company remains committed to delivering a breakthrough fusion solution that surpasses existing technologies in efficiency and scalability, positioning nT-Tao at the forefront of the fusion energy revolution.

About nT-Tao

nT-Tao is developing a compact fusion reactor capable of generating 10-20 MW of power, with a final system designed to fit within the footprint of a shipping container. Engineered for scalability and rapid deployment, nT-Tao’s solution is adaptable to a wide range of on- and off-grid energy needs, including industrial facilities, small towns, ships, data centers, and remote locations. At the core of nT-Tao’s breakthrough technology is a proprietary plasma heating method and an innovative magnetic chamber topology, enabling significantly higher plasma densities. This unique approach, combined with fast development iterations, dramatically reduces the size, cost, and complexity of fusion energy reactors—bringing commercially viable fusion closer to reality. Co-founded by Oded Gour-Lavie, Doron Weinfeld, and Boaz Weinfeld, nT-Tao is on a mission to redefine the global energy landscape by developing a transformative nuclear fusion technology that will drive the transition toward a cleaner, decarbonized, and sustainable future. For more information, visitwww.nt-tao.com and follow the company on LinkedIn and Twitter.

Cision View original content:https://www.prnewswire.com/news-releases/nt-tao-compact-fusion-power-awarded-additional-grant-from-israel-innovation-authority-to-advance-compact-fusion-technology-302389465.html

SOURCE nT-Tao

Leave a comment

Free newsletter for stock pics, interview transcripts & investing ideas