general fusion announcement

The fusion community is used to toiling earnestly in the lab without much in the way of public profile. Fusion will deliver clean, safe and on-demand power at industrial scale, providing a powerful complement to renewables and a pathway to a zero-emission grid. General Fusion is in year two of a four-year quest to do something never done before: to demonstrate “net gain” from nuclear fusion, an elusive reaction that gives off more energy than it consumes. Paul.sullivan@generalfusion.com, 106 - 3680 Bonneville Pl, Burnaby, BC V3N 4T5, General Fusion appoints David Plant as Vice President, Fusion Demonstration Plant Technology, General Fusion strengthens global government support with second U.S. Department of Energy award, General Fusion commissions world-renowned architect AL_A to design Fusion Demonstration Plant, Global Energy Industry Leader Jay Brister Joins General Fusion as Chief Business Development Officer, The Necessity of Experience: Making Fusion Real, General Fusion recognized with U.S. Department of Energy award, General Fusion broadens global government support with U.S. Department of Energy award, Veteran Director Appointed Chairman of General Fusion, General Fusion Brings in More Large Global Investors, Fusion pioneers say tech will beat many SMRs to market, Create the Future Now with General Fusion CEO Chris Mowry, Of Climate and COVID-19: A Tale of Two Crises, Fusion energy saves the planet from climate crisis, A Goldman Sachs report reveals the top 30 startups in three booming clean-energy industries. General Fusion is pursuing the fastest and most practical path to commercial fusion energy and is based in Vancouver, Canada, with locations in Washington D.C., … V3N 4T5. Investment will help create technology leading to 400 jobs and support innovation for emission free and abundant energy. General Fusion's CEO, Nathan Gilliland interviewed by Amanda Lang on the CBC News Network about Lockheed Martin's fusion announcement and the future of fusion technology. Most MTF systems use magnets to compress a plasma. According to the International Atomic Energy Agency, in case of failure, fusion reactors automatically come to a halt within a few seconds, with no harmful effects being produced. General Fusion’s technology has the potential to revolutionize how sustainable energy is generated and position British Columbia—and Canada—as a global leader in fusion technology. – The Honourable Harjit Singh Sajjan, Minister of National Defence, “General Fusion’s groundbreaking technology holds incredible promise in addressing climate change and revolutionizing global clean energy markets. – The Honourable Bruce Ralston, B.C. Footnotes Footnote 1. – The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, “Innovative companies such as General Fusion are a key part of our government’s plan to grow the economy and create well-paying middle-class jobs for British Columbians. As CFO, Twinney will lead General Fusion’s financial operations, together with investor relations, engagement with the global capital markets, and management of fundraising. This will help us reduce our environmental impacts. Mobile: +1 604 603 7358 General Fusion is pursuing the fastest and most practical path to commercial fusion energy and is based in Vancouver, Canada, with locations in Washington D.C., and London, U.K. Fusion results in no carbon dioxide emissions and does not produce high-level nuclear waste. On Monday General Fusion announced the successful close of a $65 million (USD) Series E equity financing, led by Temasek. We are grateful to Canada for its long-standing support of the company, support that has helped General Fusion become the world’s most advanced private fusion technology venture.” General Fusion Inc. develops technology for alternate source of energy. Learn more at Technology innovator... -BNN Bloomberg: General Fusion CEO Christofer Mowry chats with Andrew Bell about the company’s recent partnership with the Princeton Plasma Phys... Additional capital accelerating completion of Fusion Demonstration Plant... -Paul Day, Reuters Events Nuclear: Fusion technology, boosted by a jump in private investment, will be commercially viable within the next 10 to 15 ye... -Pyrowave: Watch Chris Mowry’s interview for the Pyrowave CEO video series as he discusses fusion’s role in the global transition to clean energy.... By Christofer Mowry, Chief Executive Officer at General Fusion Turns out the telltale signs of the COVID-19 pandemic were here long before this public... -Kotaro Okada,  WIRED Japan: As CO2 reduction is called for as a countermeasure against the climate crisis, “nuclear fusion” is attracting attention i... -Benji Jones, Business Insider: VC investment in clean-energy technologies swelled to more than $10 billion last year, according to a new research rep... -Jacquie Hoornweg, Nuclear Engineering International Magazine: A small company with big fusion aspirations is shaking up the industry’s status quo in ... 106 - 3680 Bonneville Pl, Burnaby, BC The intensity of the Lockheed coverage – and to a smaller extent the announcement by Prof. Tom Jarboe and his team at the University of Washington the week before – has probably surprised everyone in the field. The pace is fast, teams are small and agile, and the work is … 01 Nov. An in-depth look at our landmark announcement from Business Insider: General Fusion is transforming how the world is energized by developing the first commercially-viable fusion power plant. 30 minutes from now Minister Navdeep Bains will make a clean tech funding announcement at General Fusion in Burnaby, BC. About General Fusion General Fusion is pursuing the fastest and most practical path to commercial fusion energy and is based in Vancouver, Canada, with locations in Washington D.C., and London, U.K. 22:08 / In The News. “General Fusion is working at the forefront of clean technology. 22:08 / In The News 06 Oct The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. As a leader in the development of safe, affordable and emission-free electricity, General Fusion is a testament to the kind of quality work that this region is capable of—and the quality talent that is right here in British Columbia.” General Fusion is excited to have been selected as part of the Sapientai’s DeFT (Data-enabled Fusion Technology) Capability Team for funding in the US DOE ARPA-E BETHE program award. Our government is proud to invest in this innovative project to help create hundreds of middle-class jobs and position Canada as a world leader in fusion energy technology.” The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Founded in 2002, General Fusion employs more than 70 people in, This investment supports the Innovation and Skills Plan, the Pan-Canadian Framework on Clean Growth and Climate Change, as well as, General Fusion is one of hundreds of companies that the. General Fusion, the fusion technology start-up in Burnaby, B.C., is urging the federal government to devote part of Chalk River’s mandate to fusion research. But TAE is not alone. In the wake of the Lockheed announcement, fusion has been featured in Aviation Week, New Scientist, The Guardian, Wired, Popular Mechanics, Physics Today, Forbes, Science, the Washington Post, NBCNews, The Economist, Foreign Policy, etc. VANCOUVER, British Columbia, July 22, 2020 (GLOBE NEWSWIRE) -- General Fusion announced today that it has closed additional financing in support of its Fusion … Amazon Founder and CEO Jeff Bezos, through his personal investment company Bezos Expeditions, has joined a $19.5 million round of funding for nuclear fusion startup General Fusion. Binderbauer ’s announcement was met with predictable skepticism. General Fusion strengthens global government support with second U.S. Department of Energy award 11:08 / Featured / Most Recent / Press Releases. Navdeep Bains, Minister for Innovation Science and Economic Development, announces $49.3 million in new funding for General Fusion from the Strategic Innovation Fund. But the company’s facilities were inspected and deemed safe by the city. During his time at Hootsuite, Twinney was also chief operating officer (COO) and senior vice president of global sales and customer success. As a result of this project, Canadians will see more intellectual property developed and retained in Canada. The funding will help General Fusion create technology leading to 400 new jobs and support its project to develop a first-of-its-kind large-scale prototype plant that will demonstrate a practical approach to commercializing affordable, abundant, safe and emission-free electricity from fusion energy. General Fusion is pursuing the fastest and most practical path to commercial fusion energy, and is based in Vancouver, B.C., Canada and Washington D.C., USA. This was part of an announcement that the UK government was investing £220M (C$370) in a new fusion reactor design – called the Spherical Tokamak for Energy Production (STEP) – with the aim of making commercial fusion power available by 2040. Vancouver-based General Fusion has entered an industrial partnership with Hatch to bring engineering expertise to its demonstration fusion-energy plant project. Global Energy Industry Leader Jay Brister Joins General Fusion as Chief Business Development Officer VANCOUVER, Canada (2 November 2020): General Fusion announced today the appointment of John (Jay) Brister as Chief Business Development Officer (CBDO)... 01 November, 2020 … The Hon. General Fusion made the announcement earlier this week (16 December), and while Bezos was an investor in the funding round through Bezos Expeditions, the $65m Series E … – Christofer Mowry, CEO, General Fusion. General Fusion CEO Christofer Mowry gives remarks at the announcement on October 26. 06 Oct. General Fusion is Named in the 2014 Global Cleantech 100... 23:00 / Press Releases. Automotive Supplier Innovation Program, Strategic Aerospace and Defence Initiative, or Technology Demonstration Program). “There is expertise at Chalk River, world leading in some cases, in areas such as tritium handling,” explained Michael Delage, vice-president of business development at General Fusion. To interview a General Fusion spokesperson, please contact: means a better life for people and their families.” Burnaby, British Columbia – In the face of global economic challenges, the Government of Canada is continuing to invest in innovative sectors such as clean technology to create well-paying middle-class jobs, grow Canada’s economy and address the world’s environmental challenges. Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, together with the Honourable Harjit Singh Sajjan, Minister of National Defence, announced a $49.3-million investment in General Fusion, a clean technology company seeking to transform the world’s energy supply with safe, sustainable and economical fusion energy. tech and innovation, and we are proud to have a world-leading company like General Fusion creating jobs in our strong and sustainable economy because good jobs in B.C. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers, including: Chrysalix Energy Venture Capital, Bezos Expeditions, Khazanah Nasional Berhad, Cenovus Energy, Growthworks, Braemar Energy Ventures, BDC, Entrepreneurs Fund, SET Ventures, Sustainable Development Technology Canada and the Government of Canada’s Strategic Innovation Fund. Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, together with the Honourable Harjit Singh Sajjan, Minister of National Defence, announced a $49.3-million investment in General Fusion, a clean technology company seeking to transform the world’s energy supply with safe, sustainable and economical fusion energy. Office: +1 604 685 4742 Minister of Jobs, Trade and Technology, “This investment by Canada in General Fusion’s transformative clean energy technology is evidence of its commitment to meeting the country’s climate change goals while fostering truly sustainable growth—sustainable growth that will be powered by the disruptively competitive economics and environmentally responsible benefits of fusion energy. Fusion energy has been proven in laboratories, where closely contained fusion reactions release energy from superheated hydrogen gas, energy that can be captured and converted to electricity. We’re focused on creating a practical approach to fusion power, and our workplace reflects that. This Strategic Innovation Fund investment and Canada’s expectation for a financial return on this investment are a vote of confidence in General Fusion’s ability to successfully commercialize its technology and in our ability to deliver new jobs and new opportunities throughout British Columbia and across Canada. Fuelling our cutting edge technology and energetic work environment is the fact that everyone at General Fusion wants to make a difference to the world. Under the terms of the deal, Hatch has invested in a round of financing for General Fusion. 00:45 / General Fusion Blog. Recipient(s) marked an aterisk (*) indicate that the project has been consolidated into the Strategic Innovation Fund (SIF) from a legacy program (i.e. 16:40 / Featured / Most Recent / Press Releases. General Fusion came under fire four years ago when a University of British Columbia nuclear theorist came forward to say what the company was doing was potentially quite dangerous and risking people’s lives. It has the real potential to transform how the world generates abundant clean energy. About General Fusion General Fusion is pursuing the fastest and most practical path to commercial fusion energy and is based in Vancouver, Canada, with locations in Washington D.C., and London, U.K. Learn more at This was part of an announcement that the UK government was investing £220M (C$370) in a new fusion reactor design – called the Spherical Tokamak for Energy Production (STEP) – with the aim of making commercial fusion power available by 2040. General Fusion's CEO, Nathan Gilliland interviewed by Amanda Lang on the CBC News Network about Lockheed Martin's fusion announcement and the future of fusion technology. General Fusion is a Canadian company based in Burnaby, British Columbia, which is developing a fusion power device based on magnetized target fusion (MTF). New partnership to reimagine industrial power plant design... VANCOUVER, Canada (2 November 2020): General Fusion announced today the appointment of John (Jay) Brister as Chief Business Development Officer (CBDO)... By Christofer Mowry, Chief Executive Officer at General Fusion To experience is to connect emotionally as well as intellectually. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. The company is funded by a variety of investors. Paul Sullivan WINNIPEG, MB, Nov. 3, 2020 /CNW/ -- Monteris Medical announced that it has received Health Canada approval of its NeuroBlate Fusion-S Software and released the product commercially. Our government continues to support B.C. 16 Nov. General Fusion commissions world-renowned architect AL_A to design Fusion Demonstration Plant New partnership to reimagine industrial power plant design . General Fusion today announced it has successfully closed USD$65 million of Series E equity financing, led by Temasek, a global investment company headquartered in Singapore. Thanks in part to this federal investment through the Strategic Innovation Fund, General Fusion will expand its collaboration with post-secondary institutions and employ inclusive hiring practices as the company grows its workforce. In Canada energized by developing the first commercially-viable Fusion power, and our workplace reflects that MTF systems use to. The forefront of clean technology means a better life for people and their families. ” – the Honourable Ralston! On Monday General Fusion for people and their families. ” – the Honourable Bruce Ralston, B.C Oct. Fusion... 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