General Fusion Group Ltd. began trading on the Nasdaq under ticker GFUZ on July 13, 2026, following its business combination with Spring Valley Acquisition Corp. III, becoming the first publicly listed fusion company with approximately US$150 million in cash and a track record of over 200,000 plasma experiments.
Category: SVAC
A 20-Year Fusion Bet Just Closed Its Business Combination, and a New Kind of Energy Stock Is About to Reach the Public Markets
General Fusion Group Ltd. completed its business combination with Spring Valley Acquisition Corp. III on July 10, 2026, and is now trading on Nasdaq under the ticker GFUZ as the first publicly listed fusion company, entering the market with approximately US$150 million in cash to fund its Magnetized Target Fusion program through key technical milestones targeted for 2028.
As Canada Highlights Fusion in Its Nuclear Energy Strategy, Shareholders Vote to Take a Fusion Pioneer Public
Spring Valley Acquisition Corp. III shareholders voted on July 6, 2026 to approve a business combination with General Fusion Inc., which would create General Fusion Group Ltd. and, subject to Nasdaq listing approval, trade under the symbol GFUZ as the first publicly traded pure-play fusion company.
Fusion Was a Punchline – General Fusion Heated Plasma to 8.4 Million Degrees by Squeezing It
General Fusion reported heating plasma to approximately 8.4 million degrees Celsius through mechanical compression in its Lawson Machine 26 demonstration machine and was ranked the world’s top GreenTech company by TIME in 2026, while advancing toward becoming the first publicly traded pure-play fusion company through a proposed business combination with Spring Valley Acquisition Corp. III.
From the Lab to the Grid: General Fusion Signs a Framework to Bring Fusion Power to Italy
General Fusion announced a milestone-based framework agreement with Italian renewable-energy company Renexia on June 24, 2026, to pursue siting, development, and construction of commercial Magnetized Target Fusion power plants in Italy, as the company prepares to go public on Nasdaq via merger with Spring Valley Acquisition Corp. III (SVAC) following a shareholder vote scheduled for July 6, 2026.
Fusion’s “Twenty Years Away” Just Got Shorter: General Fusion Heats Plasma to 8.4 Million Degrees by Squeezing It
General Fusion announced on June 22, 2026 that its LM26 Magnetized Target Fusion machine heated plasma to approximately 8.4 million degrees Celsius (0.72 keV) through mechanical compression, achieving a more than threefold increase in electron temperature, as the company prepares to go public through a merger with Spring Valley Acquisition Corp. III (NASDAQ: SVAC) under the proposed ticker symbol GFUZ.