Zeon invests in U.S. startup Type One Energy to accelerate the delivery of nuclear fusion energy

Tokyo, Japan – Zeon Corporation through its venture capital arm Zeon Ventures Inc. (California, U.S.A.; representative: Yoshihiro Kagawa), has invested in Type One Energy Group, Inc. (Type One Energy), a U.S. startup that develops stellarator fusion devices that use high-temperature superconducting
magnets.

Enabled by ongoing technology advances in supercomputing, high temperature superconductors, and additive manufacturing,
Type One’s innovative stellarator approach uniquely delivers stable, steady-state operations in a maintainable fusion power
plant, while delivering inherently safe, limitless, and cost-effective power within a decade.
Aiming to accelerate the transition to a sustainable society, Zeon is currently evaluating additional support for Type One Energy’s
stellarator device by delivering and developing new materials. We will also explore business opportunities in the fusion power
industry, which has the potential to resolve numerous energy-related issues.