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General Fusion Names Greg Twinney as Chief Executive Officer

General Fusion Names Greg Twinney as Chief Executive Officer

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 [...]

General Fusion Building a Global Market for Fusion Energy with Industry Leaders

General Fusion Building a Global Market for Fusion Energy with Industry Leaders

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 [...]

General Fusion Achieves Critical Technology Milestone for Practical Fusion Power

General Fusion Achieves Critical Technology Milestone for Practical Fusion Power

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 [...]

General Fusion Closing Oversubscribed $130 Million Transitional Financing Round

General Fusion Closing Oversubscribed $130 Million Transitional Financing Round

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 [...]

General Fusion to build its Fusion Demonstration Plant in the UK, at the UKAEA Culham Campus

General Fusion to build its Fusion Demonstration Plant in the UK, at the UKAEA Culham Campus

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 [...]

General Fusion Commissions World-renowned Architect AL_A to Design Fusion Demonstration Plant

General Fusion Commissions World-renowned Architect AL_A to Design Fusion Demonstration Plant

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 [...]

Veteran Director Appointed Chairman of General Fusion

Veteran Director Appointed Chairman of General Fusion

VANCOUVER, British Columbia, Aug. 13 (Korea Bizwire) — Today, General Fusion announced the appointment of Klaas de Boer as Chairman of its Board of Directors. This appointment coincides with the arrival of new institutional investors backing the Company’s program to commercialize practical fusion energy. This program includes constructing a Fusion Demonstration Plant, which will showcase [...]

General Fusion Brings in More Large Global Investors

General Fusion Brings in More Large Global Investors

VANCOUVER, British Columbia, July 22 (Korea Bizwire) — General Fusion announced today that it has closed additional financing in support of its Fusion Demonstration Plant (FDP) program. Highlighting this new financing are two more globally recognized institutional investors, led by GIC, together with the deep technology fund IBX, in a significant expansion of institutional support [...]

Clean Energy Pioneer Joins General Fusion Board of Directors

Clean Energy Pioneer Joins General Fusion Board of Directors

VANCOUVER, British Columbia, March 16 (Korea Bizwire) — General Fusion announced today the appointment of clean energy pioneer George (Chip) A. Hambro to its Board of Directors. Mr. Hambro brings deep experience leading successful technology development and business operations in Fortune 500 technology corporations.  He joined early stage start-up First Solar in 2001 and as [...]

General Fusion Appoints Greg Twinney as Chief Financial Officer

General Fusion Appoints Greg Twinney as Chief Financial Officer

VANCOUVER, British Columbia, Feb. 18 (Korea Bizwire) — General Fusion announced today the appointment of Greg Twinney as Chief Financial Officer (CFO). Mr. Twinney brings to his new role with General Fusion more than 20 years of global experience in financing growth and success in the technology sector. His financial leadership has successfully realized strong [...]