Under the terms of the deal, Hatch has invested in a round of financing for General Fusion. Paul Sullivan 16 Nov. General Fusion commissions world-renowned architect AL_A to design Fusion Demonstration Plant New partnership to reimagine industrial power plant design . 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. As a result of this project, Canadians will see more intellectual property developed and retained in Canada. We’re focused on creating a practical approach to fusion power, and our workplace reflects that. 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 … General Fusion is transforming how the world is energized by developing the first commercially-viable fusion power plant. – 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. The fusion community is used to toiling earnestly in the lab without much in the way of public profile. Paul.sullivan@generalfusion.com, 106 - 3680 Bonneville Pl, Burnaby, BC 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. Most MTF systems use magnets to compress a plasma. General Fusion Inc. develops technology for alternate source of energy. Fusion results in no carbon dioxide emissions and does not produce high-level nuclear waste. 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. Office: +1 604 685 4742 An in-depth look at our landmark announcement from Business Insider: VANCOUVER, British Columbia, July 22, 2020 (GLOBE NEWSWIRE) -- General Fusion announced today that it has closed additional financing in support of its Fusion … 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. 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. 01 Nov. Footnotes Footnote 1. 00:45 / General Fusion Blog. 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.” 22:08 / In The News. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. 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 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 CEO Christofer Mowry gives remarks at the announcement on October 26. 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. 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., … – The Honourable Bruce Ralston, B.C. The pace is fast, teams are small and agile, and the work is … 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. Mobile: +1 604 603 7358 As CFO, Twinney will lead General Fusion’s financial operations, together with investor relations, engagement with the global capital markets, and management of fundraising. V3N 4T5. 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. Our government continues to support B.C. 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. 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. – 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. General Fusion strengthens global government support with second U.S. Department of Energy award 11:08 / Featured / Most Recent / Press Releases. 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. But the company’s facilities were inspected and deemed safe by the city. 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. 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. The company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. Learn more at 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. 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 pursuing the fastest and most practical path to commercial fusion energy, and is based in Vancouver, B.C., Canada and Washington D.C., USA. Navdeep Bains, Minister for Innovation Science and Economic Development, announces $49.3 million in new funding for General Fusion from the 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. 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. 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. 06 Oct. General Fusion is Named in the 2014 Global Cleantech 100... 23:00 / Press Releases. Learn more at – Christofer Mowry, CEO, General Fusion. 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. 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. means a better life for people and their families.” 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. 30 minutes from now Minister Navdeep Bains will make a clean tech funding announcement at General Fusion in Burnaby, BC. 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. 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 company was established in 2002 and is funded by a global syndicate of leading energy venture capital firms, industry leaders, and technology pioneers. To interview a General Fusion spokesperson, please contact: Recipient(s) marked an aterisk (*) indicate that the project has been consolidated into the Strategic Innovation Fund (SIF) from a legacy program (i.e. 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.” 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. 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. “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. 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. Vancouver-based General Fusion has entered an industrial partnership with Hatch to bring engineering expertise to its demonstration fusion-energy plant project. But TAE is not alone. 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. 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. This will help us reduce our environmental impacts. 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. “General Fusion is working at the forefront of clean technology. 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. During his time at Hootsuite, Twinney was also chief operating officer (COO) and senior vice president of global sales and customer success. Investment will help create technology leading to 400 jobs and support innovation for emission free and abundant energy. It has the real potential to transform how the world generates abundant clean energy. 16:40 / Featured / Most Recent / Press Releases. 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. 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. On Monday General Fusion announced the successful close of a $65 million (USD) Series E equity financing, led by Temasek. The company is funded by a variety of investors. Automotive Supplier Innovation Program, Strategic Aerospace and Defence Initiative, or Technology Demonstration Program). 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.” General Fusion is a Canadian company based in Burnaby, British Columbia, which is developing a fusion power device based on magnetized target fusion (MTF). Binderbauer ’s announcement was met with predictable skepticism. The Hon. 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. 22:08 / In The News 06 Oct Reflects that develops technology for alternate source of energy 400 jobs and support for... 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