Company profile: General Fusion
1.1 - Company Overview
Company description
- Provider of utility-scale fusion power solutions using Magnetized Target Fusion (MTF), including a fusion demonstration program to construct and operate the LM26 machine, MTF technology for zero-carbon energy via plasma compression, a plasma injector, a liquid metal compression system, and stability technologies to ensure plasma stability for sustainable fusion.
Products and services
- Compression System: A liquid-metal compression system engineered to rapidly and symmetrically collapse a cavity around plasma, essential for reaching fusion conditions in the MTF process
- Magnetized Target Fusion (MTF) Technology: A patent-pending MTF approach that compresses plasma to fusion conditions, intended to enable utility-scale, zero-carbon electricity via a practical near-term path once demonstrated
- Fusion Demonstration Program (LM26): An MTF-based program to construct and operate the LM26 fusion machine, targeting achievement of fusion conditions and validating the commercial viability of General Fusion’s technology
Key contacts
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Financial details
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1.2 - Competitors and similar companies to General Fusion
Zeno Power
HQ: United States
Website
- Description: Provider of advanced radioisotope power systems that generate carbon-free, resilient power for decades, including small-scale nuclear batteries designed to power spacecraft and undersea technologies; intends to scale production and be first to enter the commercial market.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Green Shift Commodities
HQ: Canada
Website
- Description: Provider of exploration and development of commodities to support decarbonization and net-zero targets, including uranium for clean nuclear energy and battery materials such as nickel, phosphate, and vanadium, focused on establishing the Berlin Deposit in Colombia.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Radio Fuels
HQ: Canada
Website
- Description: Provider of uranium mining, extraction, and processing services, owning the Eco Ridge Project in Elliot Lake, Ontario and the Eco Ridge Expansion in the Sault Ste. Marie Mining Division. Offers investment, acquisition, exploration, and development in natural resources, with leverage of rare earth elements within its uranium resources.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Newcleo
HQ: France
Website
- Description: Provider of advanced nuclear energy technologies, developing lead-cooled fast reactors (LFRs) that use nuclear waste as fuel, small modular reactors, and commercial units like the 200 MWe LFR-AS-200 for electricity and heat with passive safety and the 30 MWe LFR-AS-30 for irradiation services. Offers FR-MOX production in France and plans MOX fuel manufacturing to recycle spent material and help close the nuclear fuel cycle.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Envy
HQ: Turkey
Website
- Description: Provider of engineering and consultancy services for power generation projects, including nuclear power plant field engineering. One of Turkey's leading firms, ENVY has delivered services for over 21,500 MWe, designed more than 36,000 km of natural gas pipelines, and prepared ESIA reports.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Envy company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for General Fusion
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to General Fusion
2.2 - Growth funds investing in similar companies to General Fusion
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4 - Top valuation comps for General Fusion
4.2 - Public trading comparable groups for General Fusion
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