Asia & Oceania · India
Saturday, June 13, 2026
Anubal Fusion
Inertial confinement — proton-boron
Inertial
Hydrogen-Boron (p-¹¹B)
Series A in 2025
TBD
Investor brief
Indian aneutronic inertial fusion for distributed industrial power
Executive Summary
Anubal Fusion is an Indian aneutronic startup pursuing proton-boron inertial fusion with a compact-driver architecture aimed at distributed industrial heat and electricity.
Strategic Thesis
Aneutronic + small + Indian manufacturing cost base = distributable fusion modules for industrial Asia.
Technical & Economic Profile
Architecture class
Inertial Confinement & Laser Drivers
External drivers crush fuel targets in billionths of a second. Post-NIF push toward 10 Hz repetition rates and dramatically higher wall-plug efficiency.
Reactor design
Inertial / Laser Driver
Core tech focus
Compact driver architecture
Key milestones
Series A round (2025).
How Anubal Fusion sits vs peers
India-based aneutronic ICF play. Pursues small, distributable modules for industrial heat and power across Asia — the only major p-¹¹B ICF developer designing for distributed deployment rather than central generation.
Class engineering bottlenecks
- Driver wall-plug efficiency: NIF-class flashlamp lasers sit at < 1%; diode-pumped solid-state and GaN blue diodes target 10–20%.
- Target manufacturing throughput: every shot consumes one precision-machined target — economics demand mass production at ¢-class unit cost.
- p-¹¹B Coulomb barrier requires T ≳ 150–200 keV and triple products of 10²⁴–10²⁵ keV·s·m⁻³.
- Rep-rate scaling: NIF fires once per ~6 hours; commercial plants need 10 Hz sustained for years.
LCOE drivers
- Driver capex dominates — diode-pumped solid-state and GaN blue-diode roadmaps target order-of-magnitude wall-plug efficiency gains.
- Target consumable cost per shot scales linearly with energy delivered — manufacturing automation is existential.
- Aneutronic p-¹¹B pivot eliminates the neutron-handling and tritium-breeding capex of D-T ICF.
Sourced from the 2026 Global Fusion Energy Comparison — triple-product thresholds, direct-energy-conversion architecture, materials limits, and the LCOE / Qecon framework.
Founding Team
Pravin Kini founded Anubal Fusion to systematically bridge global deep-tech advancements with India's immense domestic clean-energy needs. Approaching the sector from a perspective of high-level technology integration, Kini focuses on forging strategic partnerships between international fusion developers, elite Indian academic institutions, and national heavy manufacturing corporations. Anubal Fusion is dedicated to localizing the high-precision manufacturing of critical fusion sub-components, vacuum vessels, and specialized magnet subsystems.
Pravin Kini
Industrial technology entrepreneur and deep-tech business builder
The Problem
Global electricity demand is entering an unprecedented growth phase driven by AI infrastructure, data centers, transport electrification, industrial decarbonization, water desalination, and advanced manufacturing. Solar suffers intermittency, wind capacity-factor variability, natural gas carbon emissions, conventional nuclear cost and deployment speed, and batteries energy-density and duration limits. The world requires a new source of clean, dispatchable baseload energy. Fusion represents the ultimate energy source — the challenge is making it commercially practical.
Compact-Driver p-¹¹B Inertial Fusion
A small inertial fusion driver coupled to aneutronic p-¹¹B targets produces a distributed power module sized for industrial heat and small electricity loads.
Compact Driver
Small-form-factor driver designed for modular deployment.
Aneutronic Targets
p-¹¹B targets eliminate the breeding blanket and most shielding.
Fuel Strategy
Hydrogen-Boron (p-¹¹B)
Aneutronic operation enables direct energy capture and simpler plant design.
Product Platform
Early Prototype
First-stage prototype of compact p-¹¹B driver.
Energy Conversion
Direct (Electrostatic)
Aneutronic
Direct — bypasses Carnot
Inertial p-¹¹B ignition with direct collection of alpha particles on biased grid arrays.
Conversion chain
- 1Pulsed driver on p-¹¹B target
- 2Aneutronic fusion → alpha particles
- 3Electrostatic grid collector → DC
- 4Power conditioning → grid
Aneutronic fuel + direct conversion bypasses Carnot and eliminates the entire radiological back end.
Economic Vision
Distributable fusion modules manufactured in India undercut diesel and small-scale gas turbines for industrial Asia.
Vision
Distributed aneutronic fusion as the industrial energy default in Asia.
Mission
Build a manufacturable compact p-¹¹B fusion module from India.
Engineering Bottlenecks
- p-¹¹B ignition energy
- Driver efficiency
Milestone Timeline
2025
Series A round
The description above reflects Anubal Fusion's publicly stated technology goals, roadmap and architecture. Many elements — particularly net-energy gain at scale, advanced fuel cycles, and grid-relevant economics — remain ambitious objectives that have not yet been demonstrated commercially anywhere in the fusion industry. Forward-looking statements should be treated as engineering targets, not certainties.
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Citations & Sources
Academic & financial rigor- [01]
The Global Fusion Industry in 2025
Fusion Industry Association · Jul 2025
- [02]
Company disclosures and press releases
Anubal Fusion
- [03]
Peer-reviewed plasma physics literature
Journal of Plasma Physics / Nuclear Fusion