Tokamak Energy Acquires Ridgway Machines to Scale HTS Magnet Manufacturing Under TE Magnetics

Tokamak Energy has acquired Ridgway Machines, a U.K. specialist in taping and winding machinery, to strengthen its high-temperature superconducting magnet business under TE Magnetics. The deal secures critical manufacturing expertise for fusion energy while expanding opportunities in medical, industrial, and research magnet systems.

Accelerating HTS Magnet Growth

The Tokamak Energy Ridgway acquisition marks an important step in advancing highโ€‘temperature superconducting (HTS) magnet development. Tokamak Energy has acquired Ridgway Machines, a longโ€‘established U.K. builder of taping, winding, and insulation systems. The deal accelerates the expansion of TE Magnetics, Tokamak Energyโ€™s growing magnet business. Learn more at https://www.tokamakenergy.co.uk.

Expanding Manufacturing Expertise

Ridgwayโ€™s Leicester facility and workforce now join Tokamak Energyโ€™s operations. This integration increases manufacturing depth and preserves Ridgwayโ€™s trusted legacy. The company will retain the Ridgway name and product portfolio, ensuring customers continue receiving the same highโ€‘quality service while Tokamak Energy enhances internal production capacity.

Founded in 1920Ridgway Machines has supplied precision equipment for coils, cables, and magnet production for over a century. Its specialized systems support demanding uses, including superconducting cable manufacturing. Therefore, the acquisition gives Tokamak Energy essential knowโ€‘how to scale large HTS magnets for future fusion reactors and emerging energy applications. For more on Ridgwayโ€™s heritage, visit https://www.ridgwaymachines.co.uk.

Strengthening TE Magnetics Beyond Fusion

Meanwhile, Tokamak Energy continues broadening its market reach. The company plans to integrate Ridgwayโ€™s expertise into TE Magnetics to serve industries outside fusion. New opportunities include medical imaging, research systems, and industrial magnet solutions, where global demand for superconducting technologies keeps rising.

The Leicester site will keep serving its existing clients while also supporting specialized TE Magnetics projects. As a result, Tokamak Energy gains new inโ€‘house capacity without interrupting Ridgwayโ€™s customer relationships.

Advancing Innovation in Superconducting Technologies

By combining Tokamak Energyโ€™s HTS magnet innovation with Ridgwayโ€™s century of precision engineering, the company can accelerate research and manufacturing speed. Additionally, the partnership will help industrialize HTS productionโ€”essential for building fusion energy systems and nextโ€‘generation magnetic technologies.

Tokamak Energy views the acquisition as a major strategic move that enables faster progress in superconducting engineering, sustainable energy development, and global magnet technology leadership.

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