General Fusion Begins Nasdaq Trading Under GFUZ Ticker
Fusion energy company General Fusion has commenced trading on the Nasdaq under the ticker GFUZ following its business combination. The company aims to demonstrate its fusion technology in a commercially relevant manner.
Vancouver, BC – General Fusion Group Ltd., a company developing fusion energy technology, has begun trading on the Nasdaq under the ticker symbol GFUZ. The company completed its business combination with Spring Valley Acquisition Corp. III, marking its debut as what it states is the first publicly listed fusion company.
General Fusion enters the public market with approximately $150 million in cash, intended to fund its Lawson program. The company aims to achieve key technical milestones by 2028, with the goal of demonstrating and de-risking its Magnetized Target Fusion (MTF) technology for commercial relevance.
The company highlights over two decades of operation and more than 200,000 plasma experiments as the foundation for its current work. Recent reported results from its LM26 demonstration machine achieved plasma heating to approximately 8.4 million degrees Celsius via the compression of a lithium liner. These findings have been submitted for peer review.
Beyond its technical developments, General Fusion has received external recognition, including a top ranking on TIME magazine's list of the World's Top GreenTech Companies in 2026. The company has also established a framework agreement with Renexia S.p.A. to advance the commercial deployment of its fusion energy technology in Italy.
CEO Greg Twinney described the listing as the start of a new chapter built on the company's long operational history. The public market debut occurs as investors increasingly value companies based on their development pipelines, partnerships, and technical milestones, in addition to near-term financial performance.