VANCOUVER, British Columbia, Jan. 23 (Korea Bizwire) — General Fusion announced today the appointment of Michael Cappello as Senior Vice President, Prototype Deployment. In his new position, Mr. Cappello will lead the company’s Fusion Demonstration Plant deployment, managing all aspects of the prototype site selection and construction. He will also lead global Regulatory Affairs for [...]
VANCOUVER, British Columbia, Jan. 9 (Korea Bizwire) — General Fusion announced today that it has entered into an industrial partnership with Hatch Ltd. (Hatch) to bring power plant engineering and other expertise to its Fusion Demonstration Plant project. This partnership includes an investment by Hatch into the recently announced General Fusion USD $65 million Series [...]
VANCOUVER, British Columbia, Dec. 16 (Korea Bizwire) — General Fusion announced that it has successfully closed USD$65 million of Series E equity financing. The financing was led by Temasek, a global investment company headquartered in Singapore. This USD$65 million of new financing, together with the release of CAD$50 million in additional investment from Canada’s Strategic [...]
BURNABY, British Columbia, Oct. 26 (Korea Bizwire) — In the face of global economic challenges, the Government of Canada is continuing to invest in innovative sectors such as clean technology to create well-paying middle-class jobs, grow Canada’s economy and address the world’s environmental challenges. Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic [...]