SVACU:NASDAQ
General Fusion
$10.00
0.00%
(0.00) 1D
Jul 10, 4:00:00 PM GMT-4 · USD
search
All symbols
1D
5D
1M
6M
YTD
1Y
5Y
MAX
| Symbol | Price | Change | % Change |
|---|
News stories
From sources across the web
Securities.io
·
3 days ago
General Fusion IPO: Inside the First Public Fusion Stock
Stock Titan
·
3 days ago
General Fusion starts trading as first publicly listed fusion company
Profile
General Fusion Inc. is a Canadian company based in Richmond, British Columbia, which is developing a fusion power technology based on magnetized target fusion. The firm was founded in 2002 by Dr. Michel Laberge. As of 2024, it has more than 150 employees.
The technology under development injects a magnetized target, a plasma mass in the form of a type of plasmoid termed a compact toroid, into a cylinder of spinning liquid metal. The target is mechanically compressed to fusion-relevant densities and pressures, by anywhere from a dozen to hundreds of steam-driven pistons.
In 2018, the firm published papers on a spherical tokamak and a recent conceptual design was presented at the 30th IEEE Symposium of Fusion Engineering. In August 2023, the company announced an updated plan to build a new fusion demonstration machine – Lawson Machine 26 – at its Canadian headquarters. The company says LM26 is designed to achieve fusion conditions of over 100 million degrees Celsius by 2025 and progress towards scientific breakeven equivalent by 2026. This was an adjustment to its previously announced Fusion Demonstration Program. Wikipedia
AI content may include mistakes. Learn more