US fusion energy developer Type One Energy, Britain's Tokamak Energy, and US construction engineering firm AECOM have formed the UK Infinity Fusion Consortium to pursue development of the first private-sector-led fusion power plant project in the UK.

Warrick Matthews of Tokamak Energy (left); Chris Mowry of Type One Energy (middle); and Troy Rudd of AECOM (right) sign the consortium agreement during King Charles III's visit to New York City (Image: Type One Energy)

Through the consortium, the three companies intend to develop a fusion project that is commercially credible, deployable using existing enabling technologies, and capable of attracting private capital - consistent with the long-term goals of the government's recently announced UK Fusion Strategy.