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Industry
Korea science ministry to boost global cooperation with fusion technology leaders
South Korea\'s Ministry of Science and ICT plans to expand international cooperation to commercialise fusion power with leading countries including Britain and the United States. First Vice Minister Ku Hyuk-chae attended the Global Fusion Policy Summit in London and discussed ways to broaden bilateral and multilateral cooperation. The meeting explored extending cooperation beyond technology development to regulation, commercialisation and industrial ecosystems. Ku also met a British energy minister to review joint R&D and discuss further cooperation.
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.
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.
