Thea Energy lands $20M federal grant to build its magnets for fusion reactors Fusion power startup Thea Energy snagged a $20 million award from ARPA-E to scale production of its high-temperature superconducting magnets. Source: https://techcrunch.com/2026/07/27/thea-energy-lands-20m-federal-grant-to-build-its-magnets-for-fusion-reactors/