VANCOUVER, British Columbia and LONDON, Jan. 12 (Korea Bizwire) — Following the resolution to grant planning permission by the South Oxfordshire District Council Planning Committee, construction of General Fusion’s demonstration at the United Kingdom Atomic Energy Authority’s (UKAEA) Culham Campus is expected to start this summer. When construction of the 10,500m2 building is complete, General Fusion [...]
VANCOUVER, British Columbia, Dec. 12 (Korea Bizwire) — General Fusion has demonstrated plasma energy confinement times, plasma temperatures, and compression system performance that support meeting its goal of 10 keV (100 million degrees Celsius) in the company’s integrated Magnetized Target Fusion (MTF) demonstration, being built to 70 percent scale of a commercial machine at the UK Atomic [...]
VANCOUVER, British Columbia and LONDON, Oct. 20 (Korea Bizwire) — Construction of General Fusion’s demonstration machine, which is being built at the UK Atomic Energy Agency’s Culham Campus, advanced significantly with the fabrication of an at-scale fusion vessel trial ring by Sheffield Forgemasters. This critical component will confirm the specifications of the thick-walled fusion vessel, [...]
VANCOUVER, British Columbia, Oct. 17 (Korea Bizwire) — Today, General Fusion and the UKAEA kick off projects to advance the commercialization of magnetized target fusion energy as part of an important collaborative agreement. With these unique projects, General Fusion will benefit from the vast experience of the UKAEA’s team. The results will hone the design [...]
VANCOUVER, British Columbia, July 7 (Korea Bizwire) — General Fusion announced today that its Board of Directors has appointed Greg Twinney to the role of Chief Executive Officer, effective immediately. Greg succeeds Christofer Mowry, who has resigned after serving as General Fusion’s Chief Executive Officer for more than five years, leading the company through the [...]
VANCOUVER, British Columbia, April 4 (Korea Bizwire) — General Fusion announced today the formation of a unique Market Development Advisory Committee (MDAC) to guide the development of its commercial fusion power plant. MDAC members include utilities serving millions of customers, innovative renewable energy providers, and companies leading the decarbonization of heavy industry. These companies span [...]
VANCOUVER, British Columbia, Jan. 10 (Korea Bizwire) — General Fusion announced today it has successfully achieved several aggressive performance goals of a prototype system for its Fusion Demonstration Plant (FDP). The company’s plasma compression prototype, located at its Vancouver, Canada laboratory, is being used to demonstrate a critical element of its proprietary Magnetized Target Fusion [...]
VANCOUVER, British Columbia, Nov. 30 (Korea Bizwire) — General Fusion announced today it is closing an oversubscribed $130 million (USD) Series E funding round filled by a new syndicate of global investors. This financing, led by Temasek, significantly expands the company’s portfolio of institutional, sovereign, family office, and high net worth investors, providing the prelude [...]
VANCOUVER, Canada and LONDON, UK, June 17 (Korea Bizwire) — (BST) – The UK Atomic Energy Authority (UKAEA) and General Fusion have announced an agreement under which General Fusion will build and operate its Fusion Demonstration Plant (FDP) at UKAEA’s Culham Campus. General Fusion will enter into a long-term lease with UKAEA following construction of a [...]
VANCOUVER, British Columbia, Nov. 17 (Korea Bizwire) — Today, General Fusion announced a partnership with globally recognized architecture firm AL_A to assist in the design of its Fusion Demonstration Plant (FDP). The FDP is the company’s project to showcase fusion energy’s game-changing potential for mitigating climate change. AL_A is providing the creative leadership to imagine [...]