Fujikura signs Proxima MOU. Fujikura stock links fusion demand to Europe

Published on 10/29/2026 at 15:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The MOU covers European HTS tape production and 20,000 kilometers for Alpha. Fujikura stock costs EUR 23.81 on October 29, 2026.

What the agreement changes

Fujikura and Proxima Fusion will assess the technical, commercial and economic feasibility of local HTS tape production in Germany.
Proxima expects demand of 20,000 kilometers for Alpha and 40,000 kilometers for each planned Stellaris plant.
Fujikura stock stood at EUR 23.81 at Lang & Schwarz on October 29, 2026 at 3:33 p.m. CET.

Fujikura, JP3811000003, Illustration mit AI erstellt.

Fujikura Ltd. (ISIN JP3811000003) signed a memorandum of understanding with Proxima Fusion on October 29, 2026, opening a feasibility study for high-temperature superconducting tape production in Germany. Fujikura said the companies will examine stable supply, local manufacturing and the technical, commercial and economic requirements for a European platform.

Fusion demand sets the scale

The proposal links Fujikura's manufacturing expertise with Proxima Fusion's planned stellarator projects. Proxima expects approximately 20,000 kilometers of HTS tape for its Alpha demonstration device and approximately 40,000 kilometers for each future Stellaris power plant, according to the Fujikura release.

The agreement is a study rather than a binding construction decision or confirmed delivery order. That distinction matters because the release describes a phased feasibility assessment, while the commercial value would depend on future technical and economic decisions.

Technology becomes the differentiator

Fujikura said HTS tape is used in superconducting magnets that generate the powerful magnetic fields needed for compact, high-field fusion plants. The company is therefore extending an existing superconducting-tape capability into a possible European supply chain, alongside its established communications and optical-component operations.

Stock and next checkpoint

The new MOU adds a strategic development to Fujikura's fusion activity, but it does not yet provide a production volume, investment amount or delivery schedule. The next major company test is the planned second-quarter results announcement on November 10, 2026.

Fujikura stock was trading at EUR 23.81 at Lang & Schwarz on October 29, 2026 at 3:33 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Fujikura stock.