General Fusion advances fusion energy commercialization
The company's LM26 machine achieved 8.4 million°C plasma heating, and a framework agreement with Renexia aims to deploy MTF technology in Italy.
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Fusion energy technology developer
generalfusion.comLast updated
In short: General Fusion became the first publicly traded fusion firm on Nasdaq, secured $150M, and reached 8.4 million degrees Celsius plasma heat.
The company's LM26 machine achieved 8.4 million°C plasma heating, and a framework agreement with Renexia aims to deploy MTF technology in Italy.
The company will start trading on Nasdaq under GFUZ on July 13, with ~$150M cash to advance its fusion technology.
Spring Valley Acquisition Corp III shareholders approved the combination, making General Fusion the first publicly traded pure-play fusion company, expected to list on Nasdaq under 'GFUZ'.
They will collaborate on siting, development, funding, construction, and commissioning of one or more MTF power plants.
General Fusion shares surge after the company began Nasdaq trading, becoming the first publicly listed fusion energy company with $150 million cash.
USA NEWS GROUP News Commentary - For years, fusion energy has been the punchline of clean power skeptics, always twenty years away and never here...
General Fusion Group Ltd. (NASDAQ: GFUZ) ("General Fusion" or the "Company"), a leader in the global race to commercialize fusion energy, will provide a business...
Merus Global Investments now reports 0 Class A shares and 0.0% ownership in General Fusion Group Ltd., with no voting or dispositive power, in its...
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