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Helical Fusion Begins Procurement of Fuji Electric Power Systems for HTS Magnets

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Helical Fusion Co., Ltd. (Head Office: Tokyo, Japan; CEO: Takaya Taguchi), a company developing Helical Stellarators under the Helix Program to realize the world’s first commercially viable net power fusion power plant, has signed a procurement agreement with Fuji Electric Co., Ltd. (hereinafter “Fuji Electric”), a leading electronics manufacturer with over a century of experience in the energy and infrastructure sectors. The agreement covers power supply systems for high-temperature superconducting (HTS) magnets—key components of Helical Fusion’s commercial fusion power plant.

The procured systems will first be used in Helix HARUKA, a testbed device scheduled to integrate key technologies around 2030. These same systems are also intended for future deployment in Helix KANATA, Helical Fusion’s flagship device planned for commercial power generation in the 2030s. This agreement marks a foundational step in securing long-term technological continuity and accelerating the realization of fusion energy under the Helix Program.

zz 1 Helical Fusion Begins Procurement of Fuji Electric Power Systems for HTS Magnets

Image: Concept of an HTS magnet system confining plasma at 100 million degrees Celsius

Importance of Power Supply Systems for High-Temperature Superconducting Magnets

Helical Fusion’s technology builds upon nearly 70 years of research in plasma physics and reactor design, passed down from the world’s foremost national research institute in fusion, the National Institute for Fusion Science (NIFS) in Japan. From the perspective of both fundamental science and engineering, the company has already overcome most of the hurdles to practical implementation.

One of the final and most critical remaining challenges is the development of HTS magnets capable of generating the strong, precise magnetic fields required to confine fusion plasma. Once realized, HTS magnets have potential applications beyond fusion, including aerospace and ultra-efficient power transmission. In recognition of the project’s significance, Helical Fusion’s HTS magnet development program was selected for Japan’s SBIR Phase 3 grant for approximately USD 13 million in 2023.

To operate these magnets, highly specialized power systems are required—capable of delivering extremely large currents (tens of thousands of amperes) at low voltage, with high speed and precision. Fuji Electric will supply power equipment and peripheral systems that meet the specifications for both Helix HARUKA and the future Helix KANATA. The ability to procure such systems from a trusted, proven partner is a key pillar supporting the Helix Program’s pathway to commercial fusion.

Note: High-temperature superconducting (HTS) magnets are next-generation components that operate at higher temperatures than conventional low-temperature superconductors. They can produce stronger magnetic fields, enabling more compact and efficient fusion reactors and accelerating the path to commercialization.

About Fuji Electric

Established in 1923, Fuji Electric has supported industrial and social infrastructure in Japan and around the world for over 100 years. The company is a leader in the energy and environment sector, contributing to the realization of a decarbonized society through the provision of renewable energy systems, stable power supply technologies, energy efficiency solutions, and industrial automation.

fegl 12 Helical Fusion Begins Procurement of Fuji Electric Power Systems for HTS Magnets the logo of Fuji Electric

Outlook

Under the Helix Program, Helical Fusion is advancing development of Helix HARUKA, a device designed to demonstrate integrated fusion technologies by around 2030. This will be followed by the construction and operation of Helix KANATA, a commercially viable net power fusion power plant, in the 2030s. The power supply systems procured from Fuji Electric will be used in both devices.

Background

Global electricity demand is projected to rise sharply by 2050, fueled by population growth and the rapid expansion of energy-hungry technologies like AI. Conventional sources cannot sustainably meet this demand. Fusion, fueled by abundant seawater, offers zero-carbon baseload energy—if technical and economic barriers can be overcome.

Analysts project a USD 550 billion annual market for fusion by mid-century*. Helical Fusion’s Series A attracted investors including SBI Investment, Keio Innovation Initiative (KII), and 17 other institutions(19 in total) alongside individual investors and public financial institutions, reflecting a growing commitment across Asia to compete in the global fusion race.

*FusionX/Helixos report Global Fusion Market Analysis: Electricity, Supply Chain & Construction 

“Helix KANATA”: The First Steady-State Net Power Fusion Plant

x x Helical Fusion Begins Procurement of Power Supply Systems from Fuji Electric for High-Temperature Superconducting Magnets

Image: Concept of “Helix KANATA” Helical Fusion’s first commercially viable net-power fusion power plant

The flagship of Helical Fusion’s effort is Helix KANATA, a full-scale pilot plant designed for steady-state, net-electric fusion power. Preceding it is Helix HARUKA, an intermediate device for component and system validation.
Together, they form the Helix Program, targeting:

  • Continuous operation — stable power 24/7/365
  • Net electricity — energy-positive performance
  • High maintainability — efficient maintenance for high uptime

From Science to Engineering: Advancing Beyond the Experimental Stage

What sets the Helical Stellarator apart from other approaches is that it has already cleared the critical scientific phase of plasma, an essential requirement for a commercial plant. This allows Helical Fusion to focus on the next phase: engineering and manufacturing a real-world fusion power plant.

Helical Fusion is now collaborating with leading industrial partners known for world-class manufacturing capabilities, steadily turning concepts into reality through technical partnerships, joint research agreements, and engineering collaborations.

These partnerships span a wide range of technical domains, including the development of proprietary high-temperature superconducting magnets and liquid metal blankets, both critical to realizing commercial fusion power plants.

About Helical Fusion Co., Ltd.

Helical Fusion Co., Ltd. is a Tokyo-based startup dedicated to realizing the world’s first commercially viable net power fusion power plant through its proprietary Helical Stellarator design. Building on decades of national research, the company is advancing the Helix Program—a staged pathway from the experimental Helix HARUKA to the commercial Helix KANATA—by collaborating with leading industrial and financial partners.

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Canadian Entrepreneur Aman Duggal Expands Focus on Real Estate Development, Construction and Long-Term Investment

VANCOUVER, British Columbia,Canadian entrepreneur, builder and investor outlines his evolving business strategy, emphasizing disciplined growth, real estate development and sustainable investment opportunities in Canada and beyond.

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Canadian entrepreneur, builder and investor outlines his evolving business strategy, emphasizing disciplined growth, real estate development and sustainable investment opportunities in Canada and beyond.

Canadian entrepreneur, real estate developer and investor Aman Duggal has announced plans to strengthen his focus on real estate development, construction and long-term investment as part of an evolving entrepreneurial strategy centered on sustainable growth, disciplined decision-making and lasting value creation.

DSC04642 Canadian Entrepreneur Aman Duggal Expands Focus on Real Estate Development, Construction and Long-Term Investment

With experience spanning financial services, real estate, construction, development, franchising and other business ventures, Duggal is drawing on his multidisciplinary background to pursue opportunities in property development and investment. His long-term vision includes undertaking larger development projects, expanding investment activities across Canada and exploring opportunities in international markets.

DSC04657 Canadian Entrepreneur Aman Duggal Expands Focus on Real Estate Development, Construction and Long-Term Investment

The announcement reflects a continued evolution in Duggal’s professional priorities, shaped by years of entrepreneurship, changing market conditions and lessons learned from both successful and challenging business ventures.

A Strategic Focus on Real Estate Development

Duggal’s growing interest in real estate development reflects his belief that property investment combines several essential elements of entrepreneurship, including financial planning, construction management, market analysis and long-term asset creation.

His experience across multiple industries has influenced how he evaluates development opportunities, particularly regarding financing structures, construction costs, market demand, project execution and potential investment risks.

Rather than focusing exclusively on short-term returns, Duggal emphasizes careful evaluation, professional guidance and investment decisions that align with broader financial objectives.

“I have always been attracted to entrepreneurship because it gives you the opportunity to create something rather than simply participate in something that already exists,” Duggal said.

His approach to real estate development in British Columbia and other Canadian markets reflects an interest in identifying properties and investment opportunities with the potential to generate sustainable value over time.

Experience Across Industries Shapes Investment Strategy

Throughout his entrepreneurial career, Duggal has gained experience in financial services, business operations, franchising, construction and real estate investment.

Working across different sectors has provided him with practical insight into business development, financial management, professional partnerships and operational decision-making.

Those experiences have also reinforced the importance of adapting to changing circumstances.

Duggal acknowledges that entrepreneurship rarely follows a predictable path. Business ventures can face unexpected challenges, shifting market conditions and financial pressures that require entrepreneurs to reconsider their strategies.

“I believe setbacks can become valuable business education if you are willing to learn from them,” Duggal said.

Today, his investment philosophy places greater emphasis on due diligence, risk management, professional advice and long-term financial sustainability.

He believes successful entrepreneurship requires more than identifying promising opportunities. It also involves understanding potential disadvantages, evaluating available resources and making informed decisions consistently.

Resilience and Long-Term Thinking Drive Business Evolution

An important element of Duggal’s professional outlook is the belief that sustainable success develops through experience, discipline and continuous improvement.

Earlier in his career, he often viewed persistence and hard work as the primary solutions to business challenges. Over time, he came to recognize that selecting appropriate opportunities, understanding financial exposure and knowing when to adjust direction were equally important.

These lessons have contributed to a more selective approach to business development and investment.

Duggal also identifies family as a significant influence on his long-term financial and entrepreneurial objectives.

Becoming a father encouraged him to think beyond immediate business achievements and consider how his investments and professional decisions could contribute to financial security for future generations.

“The question is no longer simply, ‘What can I build today?’ but also, ‘What can I build that will still have value for my family years from now?’” Duggal said.

This perspective continues to influence his interest in developing businesses, properties and investment portfolios designed to provide lasting value.

Future Plans Include Larger Development Projects

Looking ahead, Duggal plans to continue exploring opportunities in Canadian real estate development, construction and investment while evaluating the potential for future international expansion.

His future plans include pursuing residential duplex and multifamily development projects in Surrey and White Rock, British Columbia. These opportunities reflect his growing focus on property development, construction and carefully evaluated investments with long-term potential.

Through his work with Duggal Developments Ltd. and Limelight Homes, Duggal aims to explore development opportunities aligned with market demand, responsible investment principles and sustainable business growth.

His stated priorities include pursuing larger development opportunities, strengthening his long-term investment strategy and building sustainable businesses capable of operating beyond individual projects.

Although his ambitions include expansion, Duggal maintains that careful financial planning, professional collaboration and disciplined risk assessment will remain central to his approach.

He also aims to establish a professional identity associated with resilience, adaptability and responsible entrepreneurship.

For Duggal, the next stage of his career represents an opportunity to apply years of experience across different industries to a more concentrated focus on real estate development and long-term investment.

His broader objective is to build businesses and real estate assets that create enduring value while supporting opportunities for the next generation.

About Aman Duggal

Aman Duggal is a Canadian entrepreneur, real estate developer, builder and investor with professional experience spanning financial services, real estate, construction, development, franchising and other business ventures. His entrepreneurial background has shaped an investment approach emphasizing financial discipline, risk management, adaptability and long-term value creation. Through his real estate development companies, Duggal Developments Ltd. and Limelight Homes, Duggal is focused on exploring future property development and investment opportunities. His plans include pursuing residential duplex and multifamily development projects in Surrey and White Rock, British Columbia, alongside broader opportunities in real estate development and construction across Canada. His professional philosophy emphasizes resilience, responsible decision-making, disciplined investment and sustainable business growth, with a long-term vision of creating lasting value for future generations.

Media Contact Details
Amandeep Duggal
Email: Send Email

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FT Community: An International Ecosystem for Trust-Based Business Connections

Bangkok, ThailandFT community brings together business Owners, C-level executives in affiliate-industry leaders through curated introductions, private events and events around the world.  Throughout the year, the community hosts private events, business dinners and mastermind sessions. It also helps members make useful connections and find potential partners. People who want to join go through a review of […]

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FT community brings together business Owners, C-level executives in affiliate-industry leaders through curated introductions, private events and events around the world. 

Throughout the year, the community hosts private events, business dinners and mastermind sessions. It also helps members make useful connections and find potential partners.

People who want to join go through a review of their professional background and company.

At FT Community gatherings, people spend several days together in person: having breakfast, talking business and getting to know one another outside the formal program.

One of these gatherings is Bangkok 2026, taking place December 7–11 at Anantara Siam Bangkok. The event is expected to bring together more than 450 community residents, over 1,200 guests and more than 250 companies. The program includes business meetings, workshops, 25+ immersive zones and 10+ business meetups. Accommodation, transfers, meals and hotel services are included for residents.

About FT Community

FT Community is a global business community for company owners, C-level and affiliate marketing professionals. It hosts meetups and international events and helps members connect throughout the year.

Event: FT Community · Bangkok 2026
Dates: December 7–11, 2026
Location: Bangkok, Thailand
Website: ft-networking.com
Instagram: @ft__community
Telegram: Fridman Team

Bangkok · December 7–11, 2026

Media Contact Details
FT Community
Email: Send Email

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UK Financial Ltd Launches MAYA CHAIN Layer 2 Blockchain And Begins Asset Migration

DOVER, DELAWAREUK Financial LTD begins consolidating its portfolio of 12 exchange-traded tokens from the Ethereum blockchain to its own MAYA CHAIN. The Company outlines a strategic DeFi leverage strategy that, when executed, will completely finance its entire ecosystem, including its Retirement Plan Program and Maya Black card unlimited credit card.

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UK Financial LTD begins consolidating its portfolio of 12 exchange-traded tokens from the Ethereum blockchain to its own MAYA CHAIN. The Company outlines a strategic DeFi leverage strategy that, when executed, will completely finance its entire ecosystem, including its Retirement Plan Program and Maya Black card unlimited credit card.

UK Financial Ltd announced that the Company’s MAYA CHAIN IS LIVE. MAYA CHAIN IS AN Ethereum Layer 2 blockchain, and migration of its asset portfolio of 12 exchange-traded tokens is underway. The company is consolidating company-owned tokens and related asset records to prepare for DeFi financing backed by eligible corporate collateral.

WhatsApp Image 2026 10 22 at 10.11.13 AM UK Financial Ltd Launches MAYA CHAIN Layer 2 Blockchain And Begins Asset Migration
MAYA CHAIN has been live since October 15, 2026. UK Financial Ltd, its creator, has operated in the digital asset sector since 2018. MAYA CHAIN was developed by Xora Labs (Pvt) Limited, its blockchain infrastructure partner (www.xoralabs.io). The company is holding its planned commercial activation until the asset migration is complete, making asset consolidation the priority before those business operations begin.

“UK Financial Ltd has never sold a token, and token sales are not our funding strategy,” said Richard Crespo, Vice President of UK Financial Ltd. “We are consolidating assets on MAYA CHAIN so we can seek DeFi financing against eligible company-owned collateral. Our objective is to support the Retirement Plan Program and the wider ecosystem, including the Maya Black card, through leverage.”

Legacy tokens lead the migration

The migration program begins with Maya Preferred PRA (MPRA), the preferred-class token of the Maya Preferred Project. It will continue across the company’s exchange-traded and non-exchange-traded token holdings, together with on-chain records for other transferable assets.

The scope includes CATEX-listed ecosystem assets, Wrapped Maya Preferred PRA (WMPRA) and the Retirement Plan Program token (RPWMPRA). UK Financial Ltd plans to migrate its ERC-20 token holdings first, followed by its ERC-3643 security-token holdings. WMPRA and RPWMPRA have pricing arrangements linked to MPRA.

UK Financial Ltd’s flagship token, Maya Preferred PRA, is a gold- and silver-backed Real World Asset Token (MPRA). Tracing the Maya Preferred Project’s origins to 2018, the company regards MPRA as one of the first, if not the first, gold-backed tokens.

Existing Chainlink CRE supply verification

Token-supply reporting is already in place through the company’s Chainlink Runtime Environment (CRE)-based program. UK Financial Ltd reports that its MPRA circulating-supply workflow went live on July 31, 2026. Supply-verification information and the linked Ethereum receiver contract are available at: https://www.mayapreferred.io/CHAINLINK/MPRA/SUPPLY

Reports for other ecosystem tokens are available at: https://www.ukfl-cre-verified-tokens.com/

The published circulating supply is 977,896.534 MPRA. Using Ethereum token and wallet balances rounded to three decimal places, the workflow subtracts 155,022,103.466 MPRA held in the Corporate Assets Hub and 44,000,000 MPRA held in the Irrevocable Treasury Vault from the total supply of 200,000,000 MPRA.

CoinMarketCap continues to label MPRA’s circulating supply as “self-reported”. UK Financial Ltd is calling on the platform to review the published CRE reports and supporting wallet records and clarify any outstanding requirements for its own verified-supply classification.

The company intends to connect its existing supply reports with MAYA CHAIN migration records and supporting asset documentation.

Leveraging company assets on MAYA CHAIN

UK Financial Ltd says the scale of its MAYA CHAIN strategy extends beyond the public circulating supply displayed on token market trackers. Circulating supply multiplied by price measures public circulating market capitalization. Company-owned token balances multiplied by their respective quoted prices measure the quoted value of UKFL’s own holdings, including tokens excluded from public circulation.

MPRA illustrates the difference. The company’s published supply report lists approximately 977,897 MPRA in public circulation, compared with 155,022,103 MPRA in its Corporate Assets Hub alone. At the same quoted token price, that corporate position represents more than 158 times the value calculated using public circulating supply.

UK Financial Ltd’s broader strategy encompasses holdings across 11 exchange-traded tokens. Each company-owned position is calculated separately using its token balance and quoted market price, then combined to describe the portfolio’s quoted value.

The company intends to use eligible holdings recorded on MAYA CHAIN as collateral to seek DeFi financing for its Retirement Plan Program, wider ecosystem and Maya Black card. The financing calculation is:

Accepted collateral value × permitted lending percentage = potential DeFi financing capacity.

Actual financing depends on the selected protocol’s accepted collateral valuation, lending limits and available liquidity. Any borrowing carries repayment obligations and collateral-liquidation terms.

UK Financial Moonshot Token role to be announced

UK Financial Moonshot Token (UKFLMS) is part of the broader ecosystem plan, including its Solana-based Preferred Class and Robinhood-chain Common Class. UK Financial Ltd says the token has a planned strategic role in the MAYA CHAIN initiative, which The Company believes will dramatically increase the value of UK Financial Moonshot Token, especially the Preferred Class Token which is on the Solana Blockchain. At the time of this press release, UK Financial Moonshot Token was trading at roughly $0.00123, making it the lowest-priced token in the company’s ecosystem.

“We have already transferred gold-backed Maya Preferred MPRD tokens into the company’s Irrevocable Treasury Vault, providing approximately $0.15 in gold backing per UK Financial Moonshot Token based on our valuation,” said James Dahlke, President and CEO of UK Financial Ltd. “We used MPRD, our common-class token, because Etherscan displayed its value while our repeated requests to display the current preferred-class MPRA token’s price remained unresolved. We had also raised concerns about pricing appearing against the retired MAYP token while current MPRA holdings showed zero. That left holders seeing a zero beside an asset we were explaining as gold-backed, creating confusion we were determined to resolve. Eight years of work will not be defined by a zero on somebody else’s screen. We are moving our assets onto MAYA CHAIN and publishing token balances, pricing references and supporting asset records that the public can review. We intend to strengthen the backing of our ecosystem tokens, including UK Financial Moonshot Token, through additional asset allocations and clear documentation. Our holders deserve to see what the company owns, what backs their tokens and how those figures are calculated.”

Live Ethereum Layer 2 infrastructure MAYA CHAIN is an Ethereum Layer 2 rollup built on Arbitrum Nitro through Arbitrum Orbit, with Chain ID 6292 and Ethereum mainnet settlement. It posts transaction batches as EIP-4844 blobs, uses M3G (Maya 3G) for gas and supports standard Ethereum development tools.

MayaScan (https://scan.mayachain.io) provides public access to network activity, token records, Ethereum batch information and an integrated bridge. The network uses Arbitrum’s BoLD dispute protocol with a permissioned validator set. UK Financial Ltd states that the network is monitored around the clock.

MPRA/CHAINLINK CRE. MPRA supply verification: https://www.mayapreferred.io/CHAINLINK/MPRA/SUPPLY

Other token supply reports: https://www.ukfl-cre-verified-tokens.com/

MAYA CHAIN: MAYA CHAIN website and documentation: https://mayachain.io MayaScan (block explorer, bridge: transfers): https://scan.mayachain.io Public RPC: https://rpc.mayachain.io MPRA supply verification: https://www.mayapreferred.io/CHAINLINK/MPRA/SUPPLY Other token supply reports:https://www.ukfl-cre-verified-tokens.com/

About UK Financial Ltd Established in 2018, UK Financial Ltd develops blockchain infrastructure and digital asset technology through the Maya Preferred ecosystem. Its projects include tokenization, wallet technology, exchange infrastructure and MAYA CHAIN.

Media contact:

James Dahlke, President and CEO UK Financial Ltd
Email: [email protected]
UK FINANCIAL LTD WEBSITE: https://ukfinancialltd.com
UK FINANCIAL LTD COMPLETE ECOSYSTEM WEBSITE: https://ukfinancialltd.com/ecosystem
UK Financial Ltd News Channel: https://ukfinancialltd.com/news

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