A senior 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 entities discuss challenges and opportunities on the path to commercialisation, milestones, de-risking and value creation.

• What key challenges remain to achieving private-sector break-even and how close are they to being resolved?
• What technical advancements in blankets, plasma heating, lasers, controls etc are imminent, and what are the implications for costs and commercialisation?
• How can European engineering expertise and partnership accelerate and de-risk the path to commercialisation?

A panel of leading investors in fusion share their thoughts on fusion as an opportunity, how fusion sits in a broader portfolio .

• 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?
• How can technical analysis/diligence be effected efficiently

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

A moderated discussion with a senior executive from a leading fusion company & their strategic partner, exploring their joint experience and CFS’s advance towards commercialisation.

A panel of fusion innovators explore the path to commercialisation, the challenges, and their expectations, across tokamaks & stellarator approaches.

• What challenges remain to surpass break-even in private-sector MCF?
• What is the current state of HTS technology and what is its contribution both as core-tech and as a spin-out?
• What are the key milestones in de-risking MCF fusion approaches and when will they be retired?
• What new technologies and cost pathways are needed to make MCF fusion commercially viable, and how close are they?

Connect with peers over a buffet-style lunch.

An interactive conversation with two leading fusion investors to explore the evolution of their conviction, their process in evaluating fusion investment opportunities, and what excites and worries them looking forward.

• How did evaluation of fusion evolve from option to core opportunity?
• Where are the opportunities by approach and application?
• What factors set apart the leaders from the pack?

Three short presentations by companies seeking to build a fusion machine and at the pre-Seed, Seed or Series A funding stage, followed by an interactive Q&A.

• What fundamental scientific or engineering advantage does your solution have compared to other pathways?
• What are the biggest technical risks, and what is the plan to mitigate them?
• Why is your team uniquely qualified to overcome technical hurdles and get your approach to commercialisation?
• What LCOE are you targeting, what makes that achievable?

A Nordic fusion ecosystem is forming, adding diversity and complementary strengths to Europe’s fusion advancement. A panel of fusion innovators, off-takers and policy makers discuss the potential for the development and industrialization of fusion across and from the Nordic region.

• The strategic potential of the Nordics as a hub for next-generation energy
• The role of a Nordic fusion ecosystem: partnerships, supply chains, workforce
• Nordics’ countries as leaders in fusion regulation and the support of innovation
• Neutron sources and other non-power opportunities

A moderated discussion with a senior executive from a leading photonics company exploring their experience in fusion, their expectations, and the advancement in photonic support the path towards commercialisation.

Three short presentations by companies seeking to commercialise fusion innovations incl. enabling technology, at the pre-Seed, Seed or Series A funding stage, followed by an interactive Q&A with a panel of investors.

• What fundamental scientific or engineering advantage does your solution have compared to other pathways?
• What are the biggest technical risks, and what is the plan to mitigate them?
• Why is your team uniquely qualified to overcome technical hurdles and get your approach to commercialisation?
• What is the long-term cost you are targeting, and what makes it theoretically achievable?

A panel of fusion innovators explore the path to commercialisation, the challenges, and their expectations, across laser-based ICF approaches.

• What challenges remain to surpass break-even in private-sector laser ICF?
• What are the drivers of valuation, the key risks and milestones?
• How are advances in laser optics, power electronics, and target fabrication de-risking laser-based fusion approaches?
• What new technologies and cost pathways – for lasers and for targets – are needed to make ICF fusion commercially viable, and how close are they?

A moderated discussion exploring the symbiotic relationship between AI and fusion, examining how AI can accelerate fusion development through eg. advanced plasma modeling and optimization, while growth in data center power demand creates a compelling imperative for fusion as a clean, scalable energy solution.

Bayern Innovativ will summarise the day's key insights and set the context for day two's discussions.