On October 9th, FusionEnergy issued an announcement stating that on October 7th, the main system of the ‘Honghuang 70’ Tokamak device was completed and delivered. The main system of ‘Honghuang 70’ includes a vacuum chamber, cryopanel, and divertor. It was developed and designed by FusionEnergy and manufactured by Shanghai Electric Nuclear Power Group Co.,Ltd.
At the delivery ceremony, FusionEnergy signed a cooperation agreement with Shanghai Electric Nuclear Power Group Co.,Ltd. to continue collaborating on the research, development, and manufacturing of the main system for FusionEnergy’s next-generation device.
‘Honghuang 70’ is designed, developed, and constructed by Energy Singularities. The overall installation is undertaken by China Nuclear Industry Fifth Construction Co., Ltd. (CNF).
‘Honghuang 70’ is a fully high-temperature superconducting tokamak device designed and developed for FusionEnergy. It is planned to be completed and operational by the end of 2023. The entire magnet system of the ‘Honghuang 70’ device, including toroidal field (TF) coils, poloidal field (PF) coils, and central solenoid (CS) coils, are constructed using high-temperature superconducting materials. At that time, ‘Honghuang 70’ will become the world’s first fully operational high-temperature superconducting tokamak device, leading in verifying the engineering feasibility of the high-temperature superconducting tokamak technology route at a complete device level.
According to public information, FusionEnergy was established in June 2021. The legal representative is Yang Zhao, who graduated from Peking University with a bachelor’s degree in Physics in 2009 and obtained a Ph.D. from Stanford University’s Physics Department from 2013 to 2017. His research focuses on the intersection of quantum gravity and quantum information, as well as artificial intelligence and tensor networks. FusionEnergy has received investments from Mihoyo and NIO Capital.