Munich/Tokyo – October 29, 2026 -- Proxima Fusion and Japan's Fujikura signed a memorandum of understanding to explore industrial-scale production of high-temperature superconductor (HTS) tape in Germany, anchored by planned demand of 60,000 kilometers from Proxima's own fusion projects. The MoU was signed in Tokyo in the presence of German Chancellor Friedrich Merz and Japanese Prime Minister Sanae Takaichi.