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The $1 Billion Bet to Take Fusion Public

Barchart·06/03/2026 09:47:00
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Issued on behalf of General Fusion Inc.

VANCOUVER, BC, June 3, 2026 /PRNewswire/ -- Equity-Insider.com News Commentary — Fusion has been "thirty years away" for half a century — but the calculus is changing fast. The International Energy Agency projects global electricity demand will grow roughly 40% to 50% by 2035, driven in part by artificial-intelligence data centers, electrification, and industrial growth[1]. That surge has pulled next-generation energy toward the public markets and opened the door to pre-revenue developers; General Fusion's own move is a roughly US$1 billion transaction that is expected to make it, by the company's account, the first publicly traded pure-play fusion company[2]. That collision of demand and capital is pulling General Fusion Inc., NuScale Power Corporation (NYSE: SMR), Oklo Inc. (NYSE: OKLO), Centrus Energy Corp. (NYSE: LEU), and NANO Nuclear Energy Inc. (NASDAQ: NNE) into the spotlight.

Read more at prnewswire.com

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