Netherlands-based EIT InnoEnergy, which supports technology startups with the help of funds from the European Union, has invested in a Swedish company developing a new proprietary fusion power concept that will “make fusion energy production a commercially viable source of energy”.

EIT InnoEnergy said the investment in Novatron Fusion Group AB is part of a partnership with Novatron and Sweden’s technical research university KTH Royal Institute of Technology that will build a new test facility to validate Novatron’s “unique approach” to plasma confinement and conduct research and education in the area.

EIT InnoEnergy did not give an amount for the investment, but said the goal is to demonstrate “within the coming year” that stable plasma can be achieved – a fundamental prerequisite for achieving stable and continuous fusion.