Renewal Fuels (RNWF) & Its Subsidiary American Fusion Highlights Near-Term Commercial Fusion Strategy, Underscoring Key Distinctions Between Deployable Energy Infrastructure & Experimental Fusion Programs

Core Insights - Renewal Fuels, Inc. (RNWF) emphasizes the importance of deployable fusion infrastructure and a recurring revenue model following its merger with Kepler Fusion Technologies, highlighting a clear path to near-term commercialization in the fusion energy sector [3][15][18] Commercial Fusion Strategy - The merger with Kepler supports a rebranding to American Fusion and aims for a national exchange listing in 2026 [6][15][18] - RNWF distinguishes between experimental fusion research and commercially engineered fusion systems, focusing on the Texatron™ platform designed for near-term deployment [4][6] Technology and Revenue Model - Kepler's Texatron™ platform is engineered for distributed deployment, targeting industrial facilities and data centers, and aims to provide continuous baseload electricity [8][9] - The Power-as-a-Service (PaaS) model allows Kepler to retain ownership of Texatron™ units and sell electricity under long-term Power Purchase Agreements (PPAs), with pricing targets starting at approximately $0.0625 per kilowatt-hour [9][10] Intellectual Property and Market Position - Kepler holds over 238 patents related to its fusion technology, enhancing its competitive position in the market [14] - The ongoing valuation of Kepler's intellectual property is expected to exceed $300 million, which will be reflected in RNWF's fiscal year-end 2025 filings [16] Industry Context - The increasing capital committed to fusion energy validates its long-term strategic importance, with a clear differentiation between companies based on their readiness for deployment and business model discipline [4][11]