Proxima Fusion plans to build €140M superconducting tape factory
Proxima Fusion plans to build a €140 million factory to produce the high-temperature superconducting tape its fusion reactors need, reducing reliance on suppliers in China and Japan.
Monday, October 12, 2026
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Proxima Fusion plans to build a €140 million factory to produce the high-temperature superconducting tape its fusion reactors need, reducing reliance on suppliers in China and Japan.
Maven Robotics emerged from stealth having raised $100 million and plans to build 250 more warehouse robots, after already helping a consumer goods company automate mixed palletizing.
The US Army awarded Austin startup Tern an $11.26 million contract to deploy its GPS-alternative navigation technology in vehicles.
Apple's Surprise and Shine event introduced the foldable iPhone Duo, the iPhone 18 Pro, new AirPods 5, Watch Series 12 and Ultra 4, and a redesigned Health app.
Apple's newly unveiled foldable phone, Duo, relies on AI-matched components and 3D-printed micro layers in its hinge to tackle the durability problems that have dogged the foldable phone category.
Apple introduced the Watch Series 12 and Watch Ultra 4 with new "Audio Intelligence" features, including Live Rewind and Siri Recap, that listen to and recap conversations.
Apple introduced Apple Reference Image, a feature that can verify whether a photo taken with the iPhone 18 Pro is authentic and unaltered.
Apple unveiled the AirPods 5, its latest wireless earbuds, with active noise cancellation that reduces background noise 50% more than the previous generation.
Apple introduced its first foldable phone, the iPhone Duo, with a 7.6-inch inner display, priced from $1,999, arriving October 23.
Apple unveiled the iPhone 18 Pro and Pro Max with a new 48-megapixel variable-aperture camera, starting at $1,199.
Besxar has raised almost $14 million to test a prototype orbital semiconductor factory across a dozen SpaceX Falcon 9 booster flights.
Fusionality, founded by Google DeepMind alumni Federico Felici and Jonas Buchli, has raised a $3.7 million (CHF 3 million) pre-seed round to build control systems shared across fusion-power startups.
Apple is expected to unveil its first foldable iPhone at a September 9 event, reportedly priced above $2,000, alongside the standard iPhone 18 line, new AirPods, and HomePods.
Tesla's newly released Cybercab documentation and updated "Robotaxi" app terms reveal new details, including a ban on riders under 13 "at this time" and a lack of LATCH child-seat anchors.
Tesla published a form inviting businesses to buy Cybercab fleets or build supporting infrastructure, signaling it may not run its robotaxi network alone after all.
Tesla launches its Cybercab robotaxi in Austin today, a moment executives are framing as proof it can become an AI and robotics company, not just an automaker.
Qualcomm Ventures joined a $70 million round for smart ring maker Ultrahuman, valuing it at $365 million as it aims to turn rings into on-device computers.
Circular unveiled its Ring 3 Pro and Ring 3 Slim smart rings, both adding NFC contactless payments and on-finger vibration alerts.
Amazon's Zoox has expanded its commercial robotaxi service in Las Vegas to Harry Reid International Airport, giving it an edge over Uber and Lyft there.
Ken Karklin has stepped down after more than four years as CEO of Pivotal, the Larry Page-backed eVTOL company, with board member Mike Ross taking over on an interim basis.