VANCOUVER, British Columbia, April 22, 2026 (GLOBE NEWSWIRE) -- General Fusion Inc. (“General Fusion” or the “Company”), a leader in the global race to commercialize fusion energy, today announced that its executive leadership team plans to host a presentation at the Company’s Analyst Day on Wednesday, April 29, 2026. The event is part of General Fusion’s ongoing process toward becoming the first publicly traded pure-play fusion energy company. General Fusion previously announced its plans to go public through a business combination (the transactions contemplated by the business combination, collectively, the “Proposed Business Combination”) with Spring Valley Acquisition Corp. III (NASDAQ: SVAC) (“SVAC”).
Speakers:
- Greg Twinney, Chief Executive Officer, General Fusion
- Megan Wilson, Chief Strategy Officer, General Fusion
- Dr. Michel Laberge, Founder & Chief Science Officer, General Fusion
- Rob Crystal, Senior Vice President, Finance, General Fusion
- Mike Donaldson, Senior Vice President, Technology Development, General Fusion
Event details:
- Date: Wednesday, April 29, 2026
- Time: 11:00 a.m. - 3:00 p.m. ET
- Location: Nasdaq MarketSite (151 W 43rd St, New York, NY)
- In-person RSVP: Analysts and institutional investors who would like to attend in person, please RSVP to: investors@generalfusion.com.
- Webcast Registration: The presentation will be broadcast live from the Nasdaq MarketSite location in New York City at the webcast link here. Following the broadcast, it will be available for replay on General Fusion’s website here.
A copy of the Analyst Day presentation will be available on the day of the event on General Fusion’s website here.
General Fusion announced in January 2026 that its proposed transaction with Spring Valley Acquisition Corp. III implies a pro forma equity value of approximately US$1 billion, including US$107.7 million from a committed and oversubscribed PIPE (Private Investment in Public Equity) backed by leading institutional investors. The transaction is targeted to close in mid-2026. Once completed, the combined company will operate as General Fusion and is expected to be listed on Nasdaq under ticker “GFUZ.”
Quick Facts:
- General Fusion’s Magnetized Target Fusion (“MTF”) is designed to solve significant barriers to commercializing fusion energy at a time when electricity demand is surging, and nations around the world are racing to commercialize fusion power.
- As a technology, MTF aims to achieve fusion in a practical way, avoiding superconducting magnets and high-powered lasers, while enabling the use of existing materials for durable machines that would produce cost-effective energy.
- In early 2025, General Fusion announced that it had designed, built, and begun operating its world-first Lawson Machine 26 (“LM26”) fusion demonstration machine in under two years. LM26 is the first MTF demonstration machine to be built at a commercially relevant scale. It mechanically compresses plasma with a lithium liner at 50% commercial-scale diameter.
- LM26 aims to achieve key fusion technical milestones: plasma heating to 1 keV (10 million degrees Celsius), then 10 keV (100 million degrees Celsius), and ultimately the Lawson criterion, the combination of fusion parameters that can produce net fusion energy in the plasma.
About General Fusion
General Fusion is pursuing a fast and practical approach to commercial fusion energy and is headquartered in Vancouver, Canada. The Company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at www.generalfusion.com. General Fusion announced in January 2026 that it plans to go public through the Proposed Business Combination with Spring Valley Acquisition Corp. III (NASDAQ: SVAC).
About Spring Valley Acquisition Corp. III
Spring Valley Acquisition Corp. III is a part of a family of investment vehicles formed for the purpose of acquiring or merging with a business focused on the Power infrastructure and Decarbonization sectors. Over the past 5 years, Spring Valley has raised $920 million in four IPOs. Spring Valley I successfully completed its business combination with NuScale Power, a leading U.S. small modular reactor (“SMR”) technology company, and Spring Valley II successfully completed its business combination with Eagle Nuclear Energy Corp., a next-generation nuclear energy company with rights to the largest open pit-constrained measured and indicated uranium deposit in the United States. SVAC maintains a corporate website at https://sv-ac.com.
