Find a Tender · Contract

Magnets Partner Agreement

A public procurement published by UK INDUSTRIAL FUSION SOLUTIONS LTD via Find a Tender.

Find a TenderContract
£70m
Award value
Tender value
1
Suppliers
1
Awards
3
Notices
Contract
Stage

Overview

The Contract shall engage Tokamak Energy Ltd in three capacities: (a) UK Magnet Champion; (b) ST40 Device Owner and Operator; and (c) Supporting Fusion Capability and Capacity, as set out below, together constituting a combined capability able to deliver all required elements. (A)UK Magnet Champion TE will be appointed to act as prime contractor, managing delivery on behalf of UKIFS of deliverables including the following, to be taken forward on a best for programme basis: •Sub-scale S coil demonstration; •Conceptual design of selected poloidal field (“PF”) coil and delivery roadmap; •Development of full-scale TF cable manufacturing capability; •HTS tap…

Key details

Source
Find a Tender
Lifecycle stage
Contract
Status
complete
CPV classification
Currency
GBP
Total award value
£70,000,000
Tender value
First published
25 Mar 2026
Last updated
26 Mar 2026
View the original notice

Awards

1 award recorded on this procurement.

SupplierCompanies HouseAwardedStatusValue
Tokamak Energy Ltd0705492925 Mar 2026pending£70m

Notice timeline

Every published notice in this procurement's lifecycle.

  1. Award,contractMagnets Partner Agreement
  2. Award,contractMagnets Partner Agreement
  3. Award,contractMagnets Partner Agreement

All suppliers

Frameworks & programmes

More from UK INDUSTRIAL FUSION SOLUTIONS LTD

FAQs about this procurement

Who is the buyer for "Magnets Partner Agreement"?

Magnets Partner Agreement is a UK public-sector procurement published by UK INDUSTRIAL FUSION SOLUTIONS LTD via Find a Tender.

Has "Magnets Partner Agreement" been awarded?

Yes — 1 award is recorded, with a reported total value of £70,000,000. The current lifecycle stage is "Contract".

Which suppliers are involved in "Magnets Partner Agreement"?

1 supplier is linked: Tokamak Energy Ltd.

What is "Magnets Partner Agreement" worth?

The reported award value is £70,000,000.

When was "Magnets Partner Agreement" published?

It was first published on 25 Mar 2026 and last updated on 26 Mar 2026, across 3 notices.

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