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Industry

Fusion startup listing rush sparks industry split, with concerns it is too soon and results must come first

Investment appetite in the fusion energy industry continues, but divisions are sharpening over when companies should go public and how they should pursue monetisation. Fusion startups raised about $1.6 billion in the past 12 months, but opinions differ on whether firms should list before reaching the “scientific breakeven” milestone. Debate has centred on TAE Technologies and General Fusion, which have unveiled merger-based listing plans.

People & Appointments

Ku Hyuk-chae discusses R&D regulatory rationalisation with young researchers

Ku Hyuk-chae (구혁채), first vice minister of science at the Ministry of Science and ICT, held a meeting with researchers at Chung-Ang University on April 15 to discuss measures to rationalise on-the-ground research and development regulations. The visit marked the 14th step in the “Project Empathy 118” initiative. Participants discussed difficulties involving administrative forms, research fund use and settlement, fund disbursement and software subscriptions.

AI & Enterprise

Seoul to host IAEA fusion energy conference in October 2027

South Korea’s Ministry of Science and ICT said on April 2 it will host the 31st IAEA Fusion Energy Conference in Seoul in October 2027. The ministry said it signed an agreement with the International Atomic Energy Agency to support preparations. About 1,500 government officials and fusion experts from around 40 countries are expected. The event will discuss research results, commercialisation strategies, cooperation, regulation and standards, and private investment.