Conference check-in and badge collection, with an opportunity to meet fellow attendees and begin networking before the formal program commences. 

A member of the Bavarian government will provide the opening remarks, welcoming the global fusion ecosystem.

A keynote interview exploring Germany's role in fusion across Europe and internationally, discussing the German Federal Government's approach to advancing science, engineering and commercialisation through strategic international partnerships and knowledge exchange. 

A panel of senior figures from the world's leading fusion innovators, investors and partners discuss challenges and opportunities on the path to commercialisation.

• What is the current status of the leading technologies? What challenges remain to achieving private-sector break-even?
• How does the path and valuations evolve as fusion moves from science and tech, to engineering, to construction, to off-takers & commercial risk?
• How can European engineering expertise and partnership accelerate and de-risk the path to commercialisation?
• How important is the monetisation of IP, adjacent innovations and other pre-generation revenues to maintaining cash and progress?
• How is fusion driving innovation and commercialisation beyond energy?

A panel of leading investors in fusion share their thoughts on fusion as an opportunity and how fusion sits with allocations to renewables, alternative energy, deep-tech.

• What are expectations & how has fusion performed vs. expectations thus far?
• Can fusion enhance short- and long-term returns? Does it reduce risk/bring diversification to a portfolio? What's an ideal weighting towards fusion?
• Few and large investments in scientifically mature approaches or several smaller early-stage investments in novel approaches?
• Many investors lack the in-house expertise to assess the merits of fusion technology and there is little public research available to assist analysts. How can technical analysis/diligence be effected efficiently?

Enjoy coffee, connect with fellow attendees, and explore our sponsor booths.

A deep dive into partnerships with utilities, discussing fusion's role in powering future demand & how that underpins the investment case for fusion.

• How can partnerships with utilities mitigate the challenges of financing long-term, capital-intensive projects such as fusion?
• Grid integration challenges and solutions for fusion power plants?
• How are partnerships most effectively structured?
• What are the key elements of a successful partnership?
• How are global utilities leading the way in fusion partnerships?

A moderated discussion with a senior executive from a leading fusion company & their funders, exploring their capital-raising process, giving insights on European and global funding landscapes.

Connect with peers over a buffet-style lunch. 

A panel of fusion innovators and their partners explore key questions on the ongoing and evolving application of superconductivity in the path to commercially-viable fusion.

• What are the drivers of valuation, the key risks and the key milestones for tokamaks and stellarators?
• What challenges beyond confinement remain to surpass break-even in MCF and to get to commercialisation?
• How are innovations in superconductivity, high-field magnets, and plasma control systems driving advances in MCF approaches? 

A short presentation followed by an interactive discussion on challenges, solutions & investment opportunities across the fuel cycle.

• What are the remaining technical challenges across the fuel cycle, from tritium breeding to waste management?
• What are the investment opportunities and what type of exposure do they give to fusion?
• How can companies protect and leverage intellectual property across these specialised technologies?

Enjoy coffee, connect with fellow attendees, and explore our sponsor booths.

A panel of fusion innovators explore the path to commercialisation, the challenges, and their expectations across a range of ICF approaches.

• What challenges remain to surpass break-even in private-sector laser ICF?
• What are the drivers of valuation, the key risks and the key milestones for ICF companies?
• How are advances in laser optics, power electronics, and target fabrication driving progress in laser-based fusion approaches? 
• What cost pathway - for lasers and targets – is needed to make ICF fusion commercially viable, and what is the role of partnership in driving this?

A moderated discussion with a senior executive from a leading fusion company & their strategic partner, exploring their experience working together to advance towards commercialisation.

A conversation between research institutes, fusion innovators, energy providers and industrials exploring the role of fusion innovations and fusion power in energy transition, decarbonisation and energy security in Germany, Europe & globally.

• What role can fusion play in Europe's ambitious energy transition goals?
• How do fusion companies, utilities and industrials most effectively work together to effect the targeted change?
• What do energy providers envision as the long-term future for fusion in the grid?
• How does fusion contribute to energy independence and national security strategies?
• What benefits can fusion innovation offer to industrial heat and, more broadly, national competitiveness?

Bayern Innovativ will deliver the closing remarks, summarising the day's key insights and setting the framework for day two's strategic discussions. 

Day one ends with drinks and networking - time to connect, exchange ideas, and prepare for tomorrow's deep dives.