Ridgway Machines bought by a relatively new U.K. fusion technology company
TE Magnetics, a fusion technology firm under Tokamak Energy, acquired Ridgway Machines in September 2025 to accelerate high temperature superconductor (HTS) manufacturing in the UK. Ridgway, a Leicester-based pioneer in winding and insulating superconducting magnets and cables, will continue to operate as a subsidiary, retaining its staff and facility. The combined expertise will scale advanced UK production of HTS products for diverse applications in energy, science, and transportation, supporting global ambitions for fusion and electrification.