Tokamak Energy Ltd.
In August 2016, LGC invested £2.5m in Tokamak Energy Ltd, a business aiming to accelerate the development of fusion energy solutions through the development of compact fusion power devices, which could be rapidly deployed to power cities whilst producing zero CO2 emissions and tiny amounts of waste. LGC’s investment will support the business and its team of world-leading fusion scientists based in the UK, financing the next prototype device, a compact, high magnetic field, spherical tokamak, designed to overcome the engineering challenges inherent in controlling fusion reactions.
By supporting a technology which has potentially ground-breaking implications for the environment and the global economy, the investment demonstrates LGC’s ambition to transition society to a low carbon system.
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