RICHMOND, Canada, Dec. 04 (Korea Bizwire) — Today, General Fusion announced that Canada’s Strategic Innovation Fund (SIF) has awarded CA$5 million to support research and development to advance the company’s Magnetized Target Fusion (MTF) demonstration at its Richmond headquarters. Called LM26, this ground-breaking machine will progress major technical milestones required to commercialize zero-carbon fusion power [...]
RICHMOND, British Columbia, Oct. 31, 2023 (Korea Bizwire) – Today, General Fusion announced the appointment of Mark Little to its Board of Directors. Mark is an esteemed senior executive in the energy industry with over 35 years of experience leading large, complex organizations as they advance multi-billion-dollar energy projects from conceptual design, development, and project [...]
RICHMOND, British Columbia, Oct. 25, 2023 (Korea Bizwire) — TRIUMF, Canada’s particle accelerator centre, and General Fusion, an international leader in the development of commercial fusion energy, announced that they have signed a Memorandum of Understanding (MOU) that provides a framework for scientific and technical collaboration. Under the terms of the agreement, the two globally [...]
RICHMOND, British Columbia and TOKYO, Oct. 11, 2023 (Korea Bizwire) — Today, General Fusion and Kyoto Fusioneering announced a Memorandum of Understanding (MOU) to accelerate the commercialization of General Fusion’s proprietary Magnetized Target Fusion (MTF) technology, aiming for grid integration in the early to mid-2030s. The companies will collaborate to advance critical systems for MTF [...]
RICHMOND, British Columbia, Sept. 6 (Korea Bizwire) — Today, General Fusion announced the appointment of Norman Harrison to its Board of Directors. Norman is a world-class executive in the energy sector, with 40 years of unique experience providing leadership to both the fusion energy and nuclear fission communities. His experience includes serving as the CEO [...]
RICHMOND, British Columbia, Aug. 9 (Korea Bizwire) — Today, General Fusion announced a new Magnetized Target Fusion (MTF) machine that will fast-track the company’s technical progress. To be built at the company’s new Richmond headquarters, this ground-breaking machine is designed to achieve fusion conditions of over 100 million degrees Celsius by 2025, and progress toward [...]
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 [...]