It isn’t only Pranos that is bringing in the excitement of nuclear fusion to India. At least two more Indian startups are taking baby steps in the sector. Anubal Fusion, headquartered in Hyderabad, was the first Indian startup to throw the hat into the ring. It has raised a pre-seed round from VC firm Speciale Invest.
Hyderabad-based Hylenr has, meanwhile, received a patent for its version of a low-energy reactor which, in theory, could have applications in specific low energy use cases like aboard satellites. The three startups, all at an early stage, are taking different routes to solving the challenges in sustaining fusion.
There is also buzz that an Indian conglomerate will soon make an announcement of interest in fusion. Fusion is emerging into the spotlight in India. With experts estimating fusion to be operationalised commercially within the next 10 years, it is too big an opportunity for India to let go, and that’s what makes the efforts of these young companies critical.
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