U.K.-based TE Magnetics, a fusion technology company founded in 2024 that is part of Tokamak Energy, announced that it has acquired Ridgway Machines, in a strategic move taken to further its development in the high temperature superconductor (HTS) sector.

A press release said that Ridgway Machines, based in Leicester and founded in 1920, will continue to operate under its own name as a subsidiary, with its workforce and facility unchanged. Ridgway’s expertise in winding and insulating superconducting magnets and cables was cited as being crucial for ramping up U.K. manufacturing of commercial HTS product, components vital not just in energy, but also in scientific and medical fields, power systems, distribution and propulsion.​

Ridgway Managing Director Andy Tanville said the company’s century-long track record of innovation makes it “well suited to expansion and this new period of growth.” He emphasized the excitement of joining one of the UK’s most dynamic technology businesses and the opportunity to help realize “ambitious and transformative plans.”

HTS materials, which conduct electricity with virtually no power loss, are enabling new advances in compact, powerful magnetics for fusion, zero-emission transport, and analytical science. Ridgway’s engineering skill, combined with TE Magnetics’ advanced design and prototyping, is expected to accelerate manufacturing breakthroughs and deliver scalable, high-quality products for demanding applications.​

Tokamak Energy CEO Warrick Matthews praised Ridgway as a thriving business with a highly skilled workforce, underscoring its essential part in supporting the electric revolution and addressing global challenges. Ridgway’s expanded role marks a new chapter for the firm, ensuring its expertise will help unlock the potential of next-generation superconductors.