General Fusion’s LM26 Hits 8.4M°C, Sets Italian Grid Deal and SPAC Merger
LEU•General Fusion’s LM26 machine heated plasma to 8.4 million degrees Celsius in 2026 and secured a framework agreement to explore grid deployment in Italy, while gearing up for a SPAC merger under the GFUZ ticker. These milestones bolster investor interest in fusion technologies, including Centrus Energy’s LEU shares.
1. Top GreenTech Ranking
General Fusion was named the world’s top GreenTech company for 2026 with a score of 96.68, leading a field of 250 firms selected from more than 8,300 applicants.
2. Record Plasma Heating in LM26
Its Lawson Machine 26 (LM26) demonstration device mechanically compressed magnetized plasma to reach approximately 8.4 million degrees Celsius in early 2026, marking a more-than-threefold increase in electron temperature.
3. Framework Deal for Italian Grid Deployment
The company signed a framework agreement with Renexia S.p.A. to explore deploying its fusion technology on the Italian power grid, moving toward commercial-scale applications.
4. SPAC Merger to Trade as GFUZ
General Fusion plans to complete a business combination with Spring Valley Acquisition Corp. III, positioning the merged entity to trade on Nasdaq under the ticker GFUZ upon closing.
