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AI & Enterprise

Young postdoctoral researchers to join companies in joint research on national strategic technologies

South Korea’s government will support young postdoctoral researchers and back industry-academia joint research in national strategic technology fields. The Ministry of Science and ICT said it selected 13 new consortia for its 2026 Strategic Technology Postdoctoral Industry-Academia Project. Companies will identify technology demand and form consortia with universities and state-funded research institutes. Selected consortia can receive up to 580 million won over two years, including personnel costs for postdoctoral researchers.

Mobility

BMW to launch iX5 Hydrogen SUV in 2028

BMW plans to launch its hydrogen fuel cell SUV, the iX5 Hydrogen, in 2028. It unveiled the fifth-generation X5 with five powertrain plans, including a hydrogen model, but did not disclose sales markets. BMW links hydrogen vehicles to broader energy storage needs as renewable power expands. The iX5 Hydrogen stores 7 kg of hydrogen and targets up to 750 km range with refuelling in under 5 minutes, while infrastructure, costs and hydrogen’s environmental footprint remain constraints.

Industry

Google backs German startup Proxima Fusion aiming for Europe\'s first commercial fusion power plant

Google has invested in German startup Proxima Fusion, which is aiming to build Europe’s first commercial nuclear fusion power plant. Proxima Fusion said it closed a 411 million euro funding round, valuing the company at $2.7 billion. The round was led by XTX Ventures and EastX Ventures, with RWE and Google as strategic investors. The company is developing a stellarator and targets an early-2030s demonstration plant and a commercial facility later in the decade.