German nuclear fusion startup Marvel Fusion has been offered a term sheet from a US-based entity — which, if accepted, would mean the company building its demonstration lab in America. The move comes as European policymakers fight to keep hold of the continent’s climate tech companies in the face of generous subsidies from other nations.
News
July 24, 2023
Leading European fusion startup offered term sheet to build its tech in US
German startup Marvel Fusion has been offered a term sheet from a US-based entity, with the caveat that it must build its demonstrator in America
Alexandra Bacon and Freya Pratty
3 min read
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