04/11/2024 | Press release | Distributed by Public on 04/10/2024 19:04
Fujikura Ltd. (Director, President and CEO: Naoki Okada) has announced its investment in Kyoto Fusioneering Ltd., a startup originating from Kyoto University that possesses world-leading technological capabilities in the field of fusion energy. Fujikura Ltd. has subscribed to a portion of Kyoto Fusioneering's capital increase through this investment.
Fujikura Ltd. will continue to pursue innovation to achieve reduced environmental impact and sustainable energy supply, contributing to the development of society.
Company profile of Kyoto Fusioneering Ltd.
Company Name | Kyoto Fusioneering Ltd. |
Address | 5th Floor Inspired.Lab, Otemachi Building, 1-6-1 Otemachi, Chiyoda-ku, Tokyo, 100-0004, Japan |
Establishment | October, 2019 |
Representatives | Satoshi Konishi |
Business Activities | Research and development of fusion energy plant-related equipment and systems, as well as plant engineering |
*1 High-Temperature Superconductors refers to the phenomenon where electrical resistance becomes zero below a certain temperature. There are two types: low-temperature superconductors (metallic superconductors) that require cooling with liquid helium (boiling point: -269°C) and high-temperature superconductors(HTS) (oxide-based superconductors) that exhibit superconductivity even at the temperature of liquid nitrogen (boiling point: -196°C). Fujikura Ltd. has been developing HTS for over 30 years and has been a leader in this field. Our research and development focus is on rare-earth-based HTS, which are tape-shaped wires formed by depositing oxide superconducting materials composed of rare-earth elements onto metallic substrates such as nickel-based alloys via an intermediate layer. These HTS shows excellent performance even in ultra-high magnetic fields and are expected to contribute to the realization of next-generation superconducting devices in the future. We are expanding our production capacity to provide these HTS globally, particularly for fusion energy development projects being conducted primarily in Europe and the United States.