As an aside, one of the design goals of the Commonwealth Fusion/MIT team was to lower the construction cost of HTS magnets to 100% of the material cost. So som

As an aside, one of the design goals of the Commonwealth Fusion/MIT team was to lower the construction cost of HTS magnets to 100% of the material cost. So something like $100M for the superconducting tapes and another $100M to build them into magnets. Current superconducting magnets cost 10 times the material cost to construct. Basically this level of funding gives Tokamak Energy the ability to order purchases of HTS tape in bulk and start ramping up to building all their full-scale magnets as they get deliveries over the next 3-5 years. Edit: I find nothing in the announcement that says this is going towards magnets or HTS material, but this would be a the scale of advance funding for 3 meter radius magnet development.