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?

Moderated by: TBC

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

Moderated by: Stuart Allen, CEO & Co-Founder, FusionX

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 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?

Moderated by: Antonia Schmalz, Innovations Manager, SPRIND & CEO, Pulsed Light Technologies

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

Moderated by: Alex Borovskis, Co-Founder, Helixos

A discussion between a fusion company, a power company and an infrastructure leader exploring their partnership, their expectations, and how they support fusion’s path towards commercialisation.

Four short presentations by companies seeking to commercialise fusion-related innovations, including non-power applications, enabling technologies, and critical supply-chain components, 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 approaches in non-power or supply-chain applications?
• What are the biggest technical or scale-up risks, and what is the plan to mitigate them?
• Why is your team uniquely qualified to overcome technical hurdles and deliver a commercially viable product or capability?
• What long-term cost or performance targets are you aiming for, and what makes those achievable?

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?

Moderated by: Malcolm Handley, Partner & Founder, Strong Atomics

A fireside chat exploring the technical challenges across the fuel cycle, from tritium breeding to waste management; how innovation derisks investment opportunities.

Hosted by: Nicolas Davies, COO, FusionX

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