Last year, fusion power startup General Fusion was struggling to raise funds, laying off at least 25% of its staff before receiving a $22 million lifeline investment while it figured out how to keep ...
The company is trying to become the first company to commercialize nuclear fusion — the same type of energy generation that powers the sun — and said going public will enable it to raise the capital ...
Jan 22 (Reuters) - Nuclear energy startup General Fusion said on Thursday it will go public in the U.S. in a deal of about $1 billion with blank-check company Spring Valley Acquisition Corp. III, as ...
Completed in February 2025, General Fusion says its Lawson Machine 26 (LM26) fusion test machine will prove the company can reach ignition, where the machine releases more energy than it ...
Sustainability: News about the rapidly growing climate tech sector and other areas of innovation to protect our planet. SEE MORE by Lisa Stiffler on Jan 22, 2026 at 10:00 am January 26, 2026 at 9:15 ...
This article first appeared on GuruFocus. General Fusion Inc. has agreed to merge with Spring Valley Acquisition Corp. III (NASDAQ:SVAC), a move that could position it among the first nuclear fusion ...
B.C. fusion energy developer General Fusion Inc. has struck a deal to go public by merging with a Nasdaq-listed special purpose acquisition company, or SPAC. Under the terms of the proposed deal, ...
The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A man takes a ...
For billions of years, the sun reigned supreme as the only fusion reactor in our solar system, leveraging its immense gravitational pressure and intense heat to overcome an atomic nuclei’s natural ...
The big picture: For decades, the promise of fusion power seemed just out of reach – a theoretical miracle of physics that stubbornly refused to move from blueprint to breaker box. Yet in laboratories ...
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