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Kepler Fusion Technologies Releases Follow-Up CEO Interview Detailing Technical Milestones, Commercial Pipeline, and 2026 Deployment Strategy
Globenewswire· 2026-02-24 13:30
SOUTHLAKE, Texas, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Renewal Fuels, Inc. (OTC: RNWF) (“RNWF”, “American Fusion” or the “Company”), together with Kepler Fusion Technologies Inc. (“Kepler”), today announced the availability of a new follow-up interview with Brent Nelson, Chief Executive Officer of Kepler Fusion Technologies and Dr. John E. Brandenburg, Ph.D., Chief Technology Officer for Kepler. The discussion expands on Nelson’s earlier remarks regarding the Company’s proprietary radiation-free fusion platfor ...
X @TechCrunch
TechCrunch· 2026-02-11 16:33
Twilio co-founder’s fusion power startup raises $450M from Bessemer and Alphabet’s GV https://t.co/Mw570eZcw7 ...
Twilio co-founder’s fusion power startup raises $450M from Bessemer and Alphabet’s GV
Yahoo Finance· 2026-02-11 16:29
Inertia Enterprises has raised $450 million to build one of the world’s most powerful lasers, which it hopes will serve as the foundation of a grid-scale power plant the fusion startup intends to start construction on in 2030. Inertia Enterprises is building on technology developed at the Lawrence Livermore National Laboratory’s National Ignition Facility. The NIF is the site of the world’s only controlled fusion reactions that have reached scientific breakeven, in which the reaction releases more energy ...
X @TechCrunch
TechCrunch· 2026-02-03 11:02
Avalanche thinks the fusion power industry should think smaller https://t.co/q9RVG7T1HS ...
Struggling fusion power company General Fusion to go public via $1B reverse merger
Yahoo Finance· 2026-01-22 17:00
Core Insights - General Fusion, a fusion power startup, is undergoing a significant transformation by planning to go public through a reverse merger with Spring Valley III, alongside additional investments from institutional investors [2][3] Financial Situation - Last year, General Fusion faced financial difficulties, laying off at least 25% of its staff and struggling to raise funds, ultimately receiving a $22 million investment [1] - The upcoming merger could provide General Fusion with up to $335 million, more than double the amount it sought to raise last year [3] Company Valuation - The transaction will value the combined entity at approximately $1 billion [3] - Prior to the merger announcement, General Fusion had raised over $440 million since its founding in 2002 [3] Technology and Development - General Fusion plans to utilize the funds to complete its demonstration reactor, Lawson Machine 26 (LM26), which employs a method called "magnetized target fusion" [4] - LM26 uses steam-driven pistons to compress a fuel pellet, avoiding the use of expensive lasers or superconducting magnets, aiming to reduce costs for future fusion power plants [5] Milestones and Goals - The company previously aimed for scientific breakeven by 2026, where a fusion reaction generates more power than required to initiate it, but has now adjusted its target to 2028 [6] Acquisition Company Background - Spring Valley, the SPAC involved in the merger, specializes in reverse mergers with energy companies and has previously taken NuScale Power public [7]
Trump Media & Technology Group and TAE Technologies Commence Site Selection Planning Process for Pioneering Fusion Power Plant
Globenewswire· 2026-01-06 13:30
Core Insights - Trump Media & Technology Group Corp. (TMTG) and TAE Technologies, Inc. (TAE) are in the process of site selection for the first fusion power plant utilizing TAE's technology, with construction expected to start in 2026 [2][4] - The initial fusion power plant is planned to have a capacity of 50 MWe, with future plants projected to range from 350 to 500 MWe [2][3] Company Overview - TMTG aims to counteract Big Tech's censorship by providing platforms for free expression, including Truth Social, a social media platform, and Truth+, a family-friendly streaming service [5] - TAE Technologies focuses on developing sustainable fusion power solutions and operates subsidiaries in energy storage and life sciences [6] Merger Details - TMTG and TAE have signed a definitive merger agreement valued at over $6 billion, with the transaction expected to close in mid-2026, pending regulatory and shareholder approvals [4] - Devin Nunes and Dr. Michl Binderbauer will serve as co-CEOs of the combined entity [4] Site Selection Criteria - The site for the fusion power plant must be a minimum of 20 acres, have access to a primary distribution grid, be near a metropolitan hub, and have supportive local and state governments [7] - Security for infrastructure and personnel is also a critical factor in site selection [7] Technology and Market Potential - TAE's fusion technology aims to provide reliable, affordable, and carbon-free electricity while avoiding risks associated with traditional nuclear power [3] - The increasing demand for power and the safety profile of fusion energy are seen as significant advantages for the deployment of this technology [3]
Trump Media's Nuclear Bet Is Riding The 'Manhattan Project' Trade
Benzinga· 2025-12-23 17:46
Core Viewpoint - Investors are increasingly interested in Trump Media & Technology Group Corp (NASDAQ:DJT) due to its merger with fusion startup TAE Technologies, which is seen as a strategic move in the context of rising energy demands driven by artificial intelligence [1][2]. Company Overview - Trump Media, the parent company of Truth Social, plans to merge with TAE Technologies in a deal potentially valued at up to $6 billion, with TAE aiming to start construction of its fusion power plant by 2026 [2]. Industry Context - The demand for electricity driven by AI could reach approximately 130 to 150 gigawatts by the end of the decade, representing about 10% to 15% of total electricity load [3]. - The peak load from AI will continuously draw from the grid, posing challenges for the existing power infrastructure [4]. Fusion Technology Insights - Fusion power is gaining attention due to its regulatory advantages over traditional nuclear energy, being described as "clean nuclear with no risk of a meltdown" [5]. - The potential for fusion technology is significant, with speculation suggesting it could represent a "10, 100 plus X opportunity" if key milestones are achieved [5]. Strategic Importance - The situation is likened to the United States' Manhattan Project, emphasizing the urgency of addressing power supply issues as the country falls behind in advanced manufacturing compared to Asia [6].
Trump Media Is Getting into Nuclear Power. Does That Make DJT Stock a Buy for the Long Term?
Yahoo Finance· 2025-12-23 13:40
Group 1 - Trump Media & Technology Group (DJT) stock has experienced a significant rally, increasing by 38% over the past five days following the announcement of a merger with TAE Technologies [1][2] - The all-stock merger deal is valued at over $6 billion and is expected to close in mid-2026, marking a strategic shift for Trump Media, which has struggled to achieve profitability with its Truth Social platform [2] - The company was formed in 2021 and went public in 2024 through a SPAC merger, currently holding a market capitalization of approximately $4 billion [4] Group 2 - Trump Media promotes itself as a platform for free speech, operating Truth Social and a video streaming service called Truth+, with plans for a financial services brand [5] - Despite the recent stock increase, DJT stock has been a disappointment, down 58% year-to-date and trading over 80% below its all-time high, while the S&P 500 has risen by 16% this year [6] - The company is not profitable, and its price-to-sales (P/S) ratio is currently at 1,244x, although it was over 1,800 earlier this year [7]
Trump Media stock is surging on news that it's merging with a fusion energy company in a $6 billion deal
Yahoo Finance· 2025-12-18 22:17
Group 1 - Trump Media & Technology Group stock surged by 34% following the announcement of a merger with TAE Technologies, despite a year-to-date decline of 60% [1][4] - The merger is valued at $6 billion and aims to create one of the first publicly traded fusion energy companies, with plans to complete a utility-scale fusion power plant within the next year [1][2] - The deal is positioned as part of a broader strategy to enhance U.S. interests in both energy security and artificial intelligence (AI) [2][3] Group 2 - The merger is seen as a significant move in the context of the U.S. striving for AI dominance, particularly against competitors like China [3][4] - Analysts suggest that this deal signals positive prospects for both the technology and energy sectors, indicating a potential arms race in energy resources to support AI ambitions [3][4] - The focus on energy as a critical constraint for Big Tech highlights the importance of securing future energy sources to fuel AI developments [4]