General Fusion Group Ltd.
TSX:GFUZLive AI agent
General Fusion is focused on developing practical Magnetized Target Fusion (MTF) technology to create a cost-competitive power plant.
Investor website: https://generalfusion.com/
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About
General Fusion is focused on developing practical Magnetized Target Fusion (MTF) technology to create a cost-competitive power plant. Their approach integrates plasma physics, mechanical compression, and liquid metal systems to produce usable energy, aiming to address the growing electricity demand and the limitations of traditional energy sources.
Verified company data
- Cash position
- US$150 million
- Projects
- ["General Fusion's Lawson Machine 26 (LM26) – the company’s large-scale fusion demonstration. LM26 will begin integrated operations in early 2025 and is on target to achieve key milestones of 1 keV, then 10 keV (fusion conditions of over 100 million degrees Celsius), and, ultimately, scientific breakeven equivalent (100 per cent Lawson criterion) in the next two years."]
- Leadership
- Thomas Boehlert (Director, Over three decades of experience across industrials, natural resources, agribusiness, power generation, and the energy transition. Previously served as CFO at US Strategic Metals and held leadership roles at Bunge Limited and Kinross Gold.), Wendy Kei (Director, Board Chair of Ontario Power Generation with over three decades of financial and governance experience. Currently serves as Chair of the Audit Committee for Centerra Gold Inc. and is a Board member of the Institute of Corporate Directors.), Klaas de Boer (Chair, General Fusion Board of Directors), Greg Twinney (CEO, not discovered)
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