The Vancouver-based firm arrives on the exchange backed by over two decades of development and more than 200,000 individual plasma experiments. This history centers on its Lawson Machine 26 (LM26) demonstration unit, which recently achieved plasma heating to approximately 8.4 million degrees Celsius. CEO Greg Twinney describes the public listing as a continuation of this long-term technical evolution rather than a new beginning, as the company works toward the Lawson criterion.
General Fusion Hits Nasdaq as Clean Energy Bets Shift to Long-Game Tech
General Fusion Group has officially begun trading on the Nasdaq under the ticker GFUZ, marking a milestone for the fusion sector. By completing its business combination with Spring Valley Acquisition Corp. III, the company enters the public markets with approximately US$150 million in capital to fund its ongoing plasma research.
Market appetite for pre-revenue firms in the energy transition space has evolved, with investors increasingly weighing technical pipelines alongside broader infrastructure trends. While General Fusion faces significant scientific hurdles—including upcoming 1 keV and 10 keV heating milestones—its recent recognition as the top-ranked GreenTech company by TIME and a new framework agreement for deployment in Italy provide tangible indicators of progress. With the ticker now live, the company shifts its focus to converting laboratory milestones into sustained public-market credibility.
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