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Molten Salt Solutions Signs Strategic Agreements to Supply Enriched Lithium for Fusion Energy
Prnewswire· 2026-03-24 16:01
Molten Salt Solutions Signs Strategic Agreements to Supply Enriched Lithium for Fusion Energy Accessibility StatementSkip NavigationPartnerships with Type One Energy and Gauss Fusion help establish the first commercial-scale supply chain for enriched lithium isotopesSANTA FE, N.M., March 24, 2026 /PRNewswire/ -- Molten Salt Solutionstoday announced it has signed strategic agreements with Type One Energyand Gauss Fusionto supply enriched lithium for next-generation fusion energy systems.Investment in fusion ...
OpenAI in Talks with Helion to Secure Fusion Energy
Yahoo Finance· 2026-03-23 15:07
Artificial intelligence (AI) group OpenAI is reportedly discussing buying electricity from Helion Energy, the fusion startup company based in Everett, Washington. Sources told POWER that a deal would enable OpenAI to be guaranteed part of Helion's power generation, with as much as 5 GW available by 2030 and up to 50 GW by 2035. Helion in February announced that its Polaris prototype has set new industry benchmarks, becoming the first privately developed fusion energy machine to demonstrate measurable deute ...
Sam Altman-backed fusion startup Helion in talks to sell power to OpenAI
Yahoo Finance· 2026-03-23 15:03
OpenAI CEO Sam Altman is stepping down as board chair of the Helion — the fusion startup he backs — amid reported talks between the two companies. The deal, which was reported by Axios, is in early stages, and it could guarantee OpenAI 12.5% of Helion’s production — five gigawatts by 2030 and 50 gigawatts by 2035. OpenAI partner Microsoft signed a similar deal with Helion in 2023 to buy power starting in 2028. If the figures in Axios’ report prove to be accurate, it suggests that Helion expects to be a ...
Sam Altman-backed fusion startup Helion in talks with OpenAI
TechCrunch· 2026-03-23 15:03
Fusion startup Helion is reportedly in talks to sell power to OpenAI. Both companies are backed by Sam Altman.The deal, which was reported by Axios, is in early stages, and it could guarantee OpenAI 12.5% of Helion’s production — five gigawatts by 2030 and 50 gigawatts by 2035. OpenAI partner Microsoft signed a similar deal with Helion in 2023 to buy power starting in 2028. If the figures in Axios’s report prove to be accurate, it suggests that Helion expects to be able to rapidly scale production of its f ...
X @The Economist
The Economist· 2026-03-23 05:00
Although China’s private fusion firms have yet to rival those abroad, the country’s national programme has become a fierce competitor. Integral to its success is a three-pronged strategy https://t.co/1UHjHJG6tb ...
Kinectrics Selected as Design & Fabrication Partner for UKAEA-Eni Tritium Loop Facility
Globenewswire· 2026-03-16 17:30
Core Insights - Kinectrics has been selected as the design and fabrication partner for the UKAEA-Eni H3AT Tritium Loop Facility, which is anticipated to be the largest and most advanced tritium fuel cycle facility globally by 2030 [1][9] Company Overview - Kinectrics, a division of BWX Technologies Inc., specializes in lifecycle management services for the electricity industry, with expertise in engineering, inspection, and certification [10] - The company has extensive experience in tritium, a crucial fuel for future fusion power plants, and offers a vertically integrated delivery model along with in-house tritium infrastructure [2][10] Collaboration and Innovation - The partnership with UKAEA and Eni aims to enhance tritium technologies and address challenges in the design, manufacturing, testing, and delivery of fusion fuel cycles [3][4] - The collaboration is expected to accelerate the development of safe and commercially viable fusion energy, with a focus on the recovery and reuse of tritium [4][6] Government Support - The Canadian government has announced investments of up to $15 million to support Kinectrics' collaboration on the H3AT facility, highlighting the importance of Canadian nuclear expertise in the clean energy sector [5][8] Facility Details - The H3AT Tritium Loop Facility, located at Culham Campus in Oxfordshire, is projected to be completed by 2028, reinforcing the UK's position as a leader in fusion energy research [9]
X @Bloomberg
Bloomberg· 2026-03-12 10:30
A $1 billion fusion project could rise in the New Mexico desert, backed by the state’s $70 billion oil fund. It’s a high-stakes push to lure startups home https://t.co/CjQYWNcaay ...
X @Bloomberg
Bloomberg· 2026-03-11 14:03
A $1 billion fusion project could rise in the New Mexico desert, backed by the state’s $70 billion oil fund. It’s a high-stakes push to lure startups home https://t.co/C7f8M6USS2 ...
Renewal Fuels, Inc. (OTC: RNWF), Operating as American Fusion, Appoints Sebastian E. Hoyos as Chief Revenue Officer to Lead Commercialization Strategy for Texatron Platform
Globenewswire· 2026-03-11 12:00
SOUTHLAKE, Texas, March 11, 2026 (GLOBE NEWSWIRE) -- Renewal Fuels, Inc. (OTC: RNWF) (“RNWF”, “American Fusion” or the “Company”) announced the appointment of Sebastian E. Hoyos as Chief Revenue Officer. In this role, Mr. Hoyos will lead the Company’s commercial strategy as it advances the development and future deployment of its Texatron fusion energy platform. Mr. Hoyos brings more than fifteen years of experience structuring and executing complex energy transactions across regulated and deregulated elect ...
Renewal Fuels, Inc. (OTC: RNWF), Operating as American Fusion, Appoints Andrew S. Mikulski as Independent Director and Provides Patent Portfolio Update for Texatron Fusion Platform
Globenewswire· 2026-03-09 12:00
SOUTHLAKE, Texas, March 09, 2026 (GLOBE NEWSWIRE) -- Renewal Fuels, Inc. (OTC: RNWF) (“RNWF”, “American Fusion” or the “Company”), today announced the appointment of Andrew S. Mikulski as an independent member of the Company’s Board of Directors and provided an update regarding additional patent filings supporting the Texatron™ fusion platform being developed by its subsidiary, Kepler Fusion Technologies. Independent Director Appointment The Company announced that Andrew S. Mikulski has been appointed to se ...