General Fusion

The world’s top green technology company has gone public. Shares in the Vancouver-based fusion energy firm, which now trades on the NASDAQ under the ticker symbol GFUZ, popped 15% on launch. General Fusion enters the public markets with approximately US$150 million in cash, according to a statement, following a business combination with Spring Valley Acquisition […]

Burnaby’s General Fusion has closed US$22 million in new financing, the clean energy innovator has revealed. The influx of capital hails from an array of investors, including Segra Capital, PenderFund, Chrysalix Venture Capital, MILFAM, JIMCO, Gaingels, Thistledown Capital, Presight Capital, and Hatch. The round builds on last year’s $20 million investment from Canadian Nuclear Laboratories […]

General Fusion has successfully formed a magnetized plasma inside its Lawson Machine 26 (LM26), marking a significant step in the advancement of its Magnetized Target Fusion (MTF) technology. The Burnaby-based company now aims to compress these plasmas with a lithium liner to generate fusion, tracking toward game-changing technical milestones that could pave the way for […]

General Fusion’s Greg Twinney presented a bold vision at the Energy Disruptors: UNITE 2024 conference this week, outlining how fusion energy has the potential to transform the world’s energy landscape, bringing clean, scalable, and abundant power to the grid by the mid-2030s. The General Fusion CEO shared the progress and promise of fusion energy, emphasizing […]