Unlocking affordable and scalable fusion energy

We combine lower-cost high-temperature superconducting magnets with a more stable negative triangularity plasma,
accelerating the path to commercial fusion.

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Mission: Affordable and Scalable Fusion

Energy demand is rising faster than at any point in a generation. Fusion will deliver clean, firm energy, but it will only reach the grid at the scale required if it is both cost‑competitive and rapidly deployable. Hephaestus exists to meet that challenge.

Cutaway of the Anvil C tokamak: a wedge of the steel vessel and copper coils opened to show the black shield, the chamber and the central solenoid inside
Innovation

Next-Generation Fusion Energy

Hephaestus is tackling two of the largest costs holding fusion back: magnets and plasma stability.

HTS Magnet Cost
The challenge

High-temperature superconducting (HTS) conductor – material that carries current without resistance, so magnets can be both compact and powerful – is the single largest capital cost in a magnetic-confinement fusion plant. Today’s standard conductor, rare-earth barium copper oxide (REBCO) tape, is expensive, difficult to manufacture, and global production cannot currently supply even one reactor a year. Demand is set to continue to outgrow supply.

Our solution

Supernova HTS, a rare-earth-free superconductor designed to match REBCO’s performance at a fraction of the cost, using scalable, industry-proven manufacturing techniques.

Plasma Performance Cost
The challenge

Most tokamaks – doughnut-shaped reactors that hold plasma in place with magnetic fields – use a plasma shape that needs significant heating power to reach fusion conditions. That regime triggers violent plasma bursts called edge-localised modes (ELMs). These bursts repeatedly hit reactor surfaces with heat loads 20x more intense than a spacecraft faces on re-entry, wearing them out and shortening the plant’s life.

Our solution

Negative triangularity: inverting the plasma’s shape to deliver high-performance confinement without ELMs, a shape modelling has predicted will reach fusion conditions with far less heating power required.

Anvil C: the world’s first commercial negative triangularity fusion power plant

Our commercial power plant design, Anvil C, will combine our Supernova HTS magnets with negative triangularity (NT) physics to deliver fusion power at a cost that can compete on the grid.

  • Lower-cost magnets: Supernova is designed to cut the cost of fusion’s most expensive component, with a secure, independent supply chain and scalable manufacturing.
  • Better confinement: Negative triangularity holds heat in the plasma using a fraction of the usual heating power.
  • Steady power handling: Without ELMs, exhaust handling is less demanding and easier to manage.
A superconducting cable running in from the edge of the frame, its square sheath cut open to show the bundled strands inside
HTS Magnets

New superconductors, discovered with AI and manufactured in-house

Our flagship material, Supernova™, is designed to rapidly raise annual production potential 10x in comparison to today’s REBCO supply. We identify compounds that perform in the very high magnetic fields that fusion needs, then take the strongest candidates from prediction to finished wire by bringing discovery, testing, manufacturing and assembly together in-house.

  1. 01

    Materials Discovered with AI

    Our discovery tool, accelerated with machine learning, narrows the candidates to a shortlist that our lab then tests. That compresses years of speculative searching into months of directed discovery.

  2. 02

    Manufactured on well-established equipment lines

    Our manufacturing method is already used to make many conductors in long lengths for working magnet systems, so we don’t rely on expensive bespoke equipment to scale.

  3. 03

    Continuous innovation from Lab to Line

    Our research line in the UK develops new conductors in small batches, while our first production line in the US will scale that process to full-scale manufacturing.

Cross-section render of the Anvil 2 tokamak: a copper-clad vessel on a steel frame, cut open to show the twin chambers either side of the central column
Negative Triangularity Fusion

Naturally Stable Plasma Physics for Scalable Tokamaks

Anvil 0 was our engineering pathfinder, Anvil 2 will be our physics demonstrator, and Anvil C will be our first commercial plant. Each stage is designed to demonstrate the commercial advantages of negative triangularity for low-cost stability, high confinement and simpler power handling.

  1. 01

    Plasma Physics Accelerated with AI

    Our AI Plasma-Solver, free of inherited assumptions and 10,000x faster than traditional plasma simulations, identified negative triangularity as the most likely candidate for low cost fusion power: naturally ELM-free, with less heating power required, higher confinement and easier power handling.

  2. 02

    Backed by the Academic Literature

    Over the last 5 years, a growing body of academic work has reinforced the commercial potential of negative triangularity, after decades of trying to manage ELMs in a conventional positive triangularity regime.

  3. 03

    Roadmap: From Lab to Grid

    Anvil 0: our lab-scale negative triangularity tokamak, already complete (2024).

    Anvil 2: our NT physics demonstrator, on a secured site, designed to demonstrate energy gain (more fusion energy out than heating energy in) with integrated power handling.

    Anvil C: our first commercial power plant, combining our HTS magnets with our NT platform. Delivering power at a competitive cost, and built on a resilient supply chain that can rapidly scale.

The Forge

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Newsroom

Latest from the Lab

NT Plasma

Hephaestus’ Dr. Siobhan Smith features in EUROfusion’s JOREK announcement

EUROfusion’s announcement features modelling by Hephaestus Senior Research Scientist Dr. Siobhan Smith.

JOREK, one of the main codes used to simulate edge localised modes (ELMs) and disruptions, the most damaging instabilities in tokamak plasmas, is going open source. EUROfusion announced the move in a post featuring modelling carried out in JOREK by Hephaestus Senior Research Scientist Dr. Siobhan Smith.

Accurately predicting the forces these instabilities exert is essential to designing tokamaks that operate safely. JOREK has been used in recent studies of why negative triangularity (NT) plasmas achieve improved confinement without ELMs, and Hephaestus’ own modelling indicates that its NT reactor design avoids these costly and risky instabilities.

Open access to JOREK gives Hephaestus an additional tool to understand disruptions and, with better predictive capability, the company can continue to design for scale with confidence.

Read EUROfusion’s announcement → https://euro-fusion.org/eurofusion-news/jorek-a-plasma-simulation-code-is-now-open-source/

See Dr. Smith’s JOREK modelling in The Forge → https://hephaestus.energy/private

About Hephaestus Technologies

Hephaestus is commercialising fusion energy through HTS magnet manufacturing and Negative Triangularity plasmas.

UK fusion strategy

Industry News

UK Fusion Strategy Published

The UK Government's fusion strategy identifies a potential £12 trillion market.

The UK government has published its fusion energy strategy, its blueprint for commercialisation, the case for national leadership and the roles available to industrial partners and investors.

One headline is that the strategy estimates a potential £12 trillion market. It also identifies where the next phase of difficulty lies, "building the capability to manufacture and integrate fusion systems at scale". That is an industrial problem rather than a scientific one and speaks to the industry moving from R&D to commercialisation.

The UK's own programme centres on STEP. Alongside it, the strategy makes clear how much opportunity exists for companies building the supply chain that commercialisation will need.

Read the full strategy here: https://www.gov.uk/government/publications/uk-fusion-strategy-2026

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

Helixos

HTS Materials

UK report maps the distance between HTS today and fusion at scale

A UKAEA study with Helixos finds a supply chain still without a meaningful range of suppliers.

A report on the state and future of the high-temperature superconductor industry, produced by UKAEA with the fusion consultancy Helixos, has set out what the sector needs in order to deploy fusion energy at scale. Its most striking observation is just how limited current HTS supply and suppliers are — a critical, if not existential, exposure given how dependent on HTS the fusion industry is.

The report examines the industrial and technical challenges of delivering superconducting systems for fusion. It notes the engineering complexity, the consequences for manufacturing processes and tooling, and the coordination needed across design, production and integration.

Alongside its pioneering work in negative triangularity, Hephaestus has identified novel HTS material that collapses the cost of current REBCO, exponentially increases the scalability of manufacturing, and eliminates the current geostrategic dependency on rare-earths. Key insights from the report are precisely why Hephaestus treats magnet manufacturing as such a core capability, and essential to unlock cheap and scalable fusion.

Read the full report here: https://ukaea.maglr.com/supply-chain-may-2026/general-updates

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

A cutaway render of a tokamak: gold toroidal field coils wrapped around a central column, with the plasma cross-section glowing inside

HT Funding

Hephaestus Successfully Closes Seed Round

The raise will expand the team and fund Anvil 0, the company's first device dedicated to negative triangularity.

Hephaestus Technologies is pleased to announce the closing of its seed funding round, led by Ciri Ventures.

The capital will support continued expansion of the team and fund the construction of Anvil 0, the company's engineering pathfinder device, built to demonstrate that Hephaestus can produce and control the NT plasma that its reactor design depends on.

Co-founder Jack Zamattio commented: "Our investors continue to back our thesis that the winners in the fusion race will not necessarily be the first to prove Q>1, but those relentlessly focused on driving down LCOE. This round will take us from our computational work to hardware and Anvil 0 is where we can start to prove our NT thesis on a real machine."

About Hephaestus Technologies

Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

MITe

Industry News

MIT modelling emphasises cost as critical to fusion's potential role in the grid

An MIT Energy Initiative study reinforces the importance of Hephaestus' focus on cost, finding that fusion's share of global electricity depends almost entirely on what power plants will cost to build.

A study from the MIT Energy Initiative has quantified how far fusion's contribution to a decarbonised grid depends on reactor cost. On the study's figures, expensive fusion energy will supply less than a tenth of global electricity by 2100. Low-cost fusion, however, will supply more than half.

Alongside fusion having "a potential societal value in the trillions of dollars in a decarbonised world", this reality is exactly what has informed Hephaestus' mission since inception: to enable cheap and scalable fusion energy. A fusion plant that works is an extraordinary scientific achievement but a fusion plant that has been intentionally designed to compete on cost is a civilisational baseload energy source.

Hephaestus' work targets the most significant fusion cost drivers: high-temperature superconducting magnets and plasma instability, to drive down the ultimate levelized cost of energy (LCOE).

Read the full MIT Energy Initiative study here: https://energy.mit.edu/publication/the-role-of-fusion-energy-in-a-decarbonized-electricity-system/

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

Anvil 0

NT Plasma

Hephaestus completes Anvil 0, the world's first tokamak designed for Negative Triangularity (NT)

The engineering pathfinder has successfully produced and shaped a plasma, and will now run a series of short campaigns at varying coil currents.

Hephaestus has completed Anvil 0, its engineering pathfinder and the company's first tokamak, and built it for a fraction of the cost normally associated with a device of this kind. Its purpose is as much organisational as technical: it has given the engineering team rare hands-on experience of fusion hardware construction, from coil design through to plasma initiation.

The company will now operate the device across several short campaigns, varying coil currents to map the range of shapes it can produce.

While Anvil 0 will not generate any useful energy, it demonstrates that Hephaestus can successfully design, build and operate an NT shaped-plasma device, ahead of the larger and more performant reactors the company has planned.

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

Joint European Torus (JET)

NT Plasma

JET devotes its final experiments to negative triangularity

The Joint European Torus spent the last shots of a four-decade career on the plasma shape Hephaestus is pioneering.

The Joint European Torus has run its final experiments, and among its closing shots was a set dedicated to negative triangularity.

Most of the attention on JET's final campaign went to its deuterium-tritium results, only the second such campaign conducted on a tokamak ever. Hephaestus, however, was watching a different set of results: for the last ten shots of the machine's entire operational life, the team reshaped the plasma into a negative triangularity configuration.

That a machine with JET's historic record spent its final hours exploring an alternative geometry that has only recently begun to excite renewed interest is compelling. Results have not yet been published but the decision itself is revealing.

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

Hephaestus Technologies

HT Funding

Hephaestus raises further funding for AI-driven superconductor materials discovery

The round will scale MaDi-AI, Hephaestus' materials discovery tool which surfaces alternatives to today's supply-constrained REBCO magnets.

Hephaestus Technologies is pleased to announce the closing of an additional funding round for its high-temperature superconductor subsidiary.

The capital will accelerate development of MaDi-AI, the company's materials discovery tool. MaDi-AI pairs GPU-accelerated physics simulation with crystal graph deep learning to predict the properties of superconducting compounds, allowing hundreds to be screened computationally before any commitment to experimental work. The funding will also build out the lab where characterisation can be completed in-house, ahead of large-scale manufacture. The aim is to find materials that manufacture more cheaply and at significant volume compared to the REBCO superconductors on which the industry currently relies.

Co-founder Jack Zamattio commented: "Many thanks to our investors for their continued support. The fusion field has largely accepted REBCO as the material it has to work with, despite its many challenges. We have not. Magnets are among the largest capital costs in any tokamak and our material discovery tool has already identified candidates that will collapse the cost of HTS magnets while dramatically increasing their scalability of manufacture. Ultimately we remain laser-focused on minimising fusion energy LCOE."

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

From left to right: Dr Andrew Malcolm-Neale, Dr Siobhan Smith, Dr Hasan Muhammed.

HT Team

Hephaestus expands its physics team, hiring from the UK's fusion centre of excellence

Two plasma physicists join to lead the design of a Hephaestus negative triangularity machine.

Hephaestus has expanded its physics team with the appointment of Dr Siobhan Smith and Dr Hasan Muhammed, both plasma physicists trained through the UK's Fusion Centre for Doctoral Training (CDT).

They join co-founder Dr Andrew Malcolm-Neale, and together the three will lead the design of Hephaestus' first negative triangularity machine, intended to demonstrate that the cost of fusion energy can be reduced sufficiently to deploy at significant commercial scale.

Dr Malcolm-Neale commented: "The UK's Fusion CDT is one of the world's preeminent postgraduate training programmes in plasma physics and it has produced a generation of extraordinary fusion researchers. Among them are Dr Smith and Dr Muhammed and I am thrilled they have chosen to join us."

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

EUROfusion

NT Plasma

EUROfusion modelling narrows remaining open questions on negative triangularity's advantages

EUROfusion's mid-grant progress report points to a high-performance regime achievable at lower cost.

European research into negative triangularity continues to gather pace. A EUROfusion working group recently presented interim results from its grant-funded investigation of the regime, reporting substantial modelling progress and the retiring of several concerns previously raised about plasma behaviour in an NT configuration.

Dr Justin Ball's presentation, delivered at a EUROfusion Science Meeting in Berlin, marks the halfway point of the group's programme. Its direction of travel matches Hephaestus' existing findings: negative triangularity can deliver the confinement performance a power plant requires without the cost drivers that conventional high-confinement operation brings with it.

Read the full presentation here: https://indico.eurofusion.org/event/3839/attachments/7507/13411/finalPresentationTSVV2.pdf

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

Hephaestus Technologies

HT Funding

Hephaestus Closes Pre-Seed Round

The raise will fund the company's first hires across AI and plasma physics.

Hephaestus Technologies is pleased to announce the closing of its pre-seed funding round, with participation from Prescience Ventures, Climate Collective, Ciri Ventures, Teampact Ventures and Unruly Capital.

The capital will fund the company's first hires, to double-down on its work at the intersection of artificial intelligence and plasma physics.

Founder Jack Zamattio commented: "We're very grateful to our investors for backing our work at this stage. Hephaestus' mission is to enable cheap and scalable fusion energy and this new funding allows us to accelerate that pursuit."

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

DIII-D

NT Plasma

DIII-D campaign results strengthen the case for negative triangularity

One of the world's leading experimental tokamaks describes the regime as potentially transformative after a dedicated run campaign.

The DIII-D National Fusion Facility has completed a dedicated negative triangularity campaign, and its findings support the regime as a credible basis for a commercial reactor.

The campaign ran over roughly 22 plasma days in January and February 2023, covering around 647 negative triangularity plasmas across thirteen lines of investigation. DIII-D's own assessment describes the regime as "potentially transformative", pointing to strong core performance, an L-mode edge and a divertor arrangement that could scale into an integrated reactor design. Crucially, that combination avoids edge localised modes, the periodic edge instabilities that force conventional tokamaks to engineer for elaborate and expensive mitigation.

For Hephaestus, whose reactor platform is already designed around negative triangularity, the DIII-D campaign is valuable independent confirmation of the physics case, including high performance at lower cost.

Read DIII-D's campaign summary: https://d3dfusion.org/fy2023campaign/

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

Antoine Pochelon

HT Team

Negative triangularity pioneer Antoine Pochelon joins Hephaestus as co-founder

The EPFL veteran behind many of the original results on negative triangularity will lead the company's work on plasma shape.

Hephaestus has appointed Antoine Pochelon, a fusion researcher with decades of experience at EPFL, the Swiss Federal Institute of Technology Lausanne, as a co-founder. He will lead the company's work on negative triangularity, the alternative plasma shape on which he authored many of the field's original results.

Pochelon spent much of his career at EPFL designing experiments and advancing alternative confinement concepts at a time when the wider field showed little interest. He was among the first researchers to demonstrate the advantages of negative triangularity for reducing cost under power-plant-relevant conditions.

The appointment follows Hephaestus' identification of negative triangularity, through its AI plasma solver, as the most promising route to low-cost fusion energy. The solver reached that conclusion independently and at considerable speed. What Pochelon brings is the experimental grounding to turn a computational result into a machine design.

Jack Zamattio, founder of Hephaestus: "Negative triangularity is one of the most promising routes to commercial fusion, and no one has spent more time proving that out than Antoine. He was doing this work at EPFL long before it enjoyed wider attention, and that depth of experience is exactly what we need as we move from computational discovery to a working fusion machine."

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

Aaron Knoll

HT Team

Dr Aaron Knoll joins Hephaestus as Chief of Plasma Physics

The Imperial College London plasma engineer brings valuable experience to Hephaestus' reactor programme.

Hephaestus has appointed Dr Aaron Knoll, Associate Professor in plasma propulsion at Imperial College London, as Chief of Plasma Physics. Knoll's research spans plasma modelling and experimentation and he holds a PhD from Stanford University. At Hephaestus he will advance the company's modelling of the negative triangularity scenarios which will underpin its reactor, designed for cost and scalability.

Jack Zamattio, co-founder of Hephaestus: "Aaron has spent his career on some of the hardest modelling problems in plasma physics, and we're delighted that he has agreed to join us as we work towards achieving first plasma."

Dr Aaron Knoll: "I'm very excited to be joining the Hephaestus team in this pivotal moment in plasma fusion research."

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

A cutaway render of a tokamak: gold poloidal field coils wrapped around a central column, with the plasma cross-section glowing inside

NT Plasma

Hephaestus identifies negative triangularity as key to low-cost fusion energy

Hephaestus' custom-built AI solver resurfaces an overlooked plasma geometry with the potential to cut costs and accelerate commercialisation.

Hephaestus has identified negative triangularity, an inversion of the plasma shape used in most tokamak designs, as the most likely path to low-cost fusion energy.

The finding came out of Hephaestus' proprietary AI solver, built to explore the full parameter space that defines tokamak design. Instead of narrowing its search to the specifications used by existing legacy designs pursuing a burning plasma, the solver ran a neutral sweep across a wide range of values for every parameter. Negative triangularity kept turning up among the best-performing combinations, despite being a regime the wider fusion field has largely left unexplored.

It's a good example of Hephaestus' broader approach: using computational methods to question assumptions inherited from earlier reactor designs, many of which carry very high specifications and correspondingly high costs. By surfacing a configuration the field has overlooked, the company aims to unlock fusion energy at substantially lower cost than the first generation of burning-plasma devices.

Hephaestus' founder, Jack Zamattio, said the work marks an early but important step in turning computational insight into a practical, cost-effective route to commercial fusion.

About Hephaestus Technologies
Hephaestus is commercialising fusion energy through HTS magnet manufacturing and negative triangularity plasmas.

Three Cities, One Team, One Mission

Making fusion affordable and scalable.

London Materials research and development Rome Plasma research and development New Jersey Manufacturing

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