General Fusion to Go Public Through $1 Billion Reverse Merger with Spring Valley Acquisition Corp. III
DATA AND AI INFRASTRUCTUREFUSION & ADVANCED NUCLEAR POWER
General Fusion Inc. has announced a $1 billion reverse merger with Spring Valley Acquisition Corp. III, potentially making it one of the first nuclear fusion developers to go public. The deal, expected to close in mid-2026, aims to secure up to $335 million in funding for the development of its Lawson Machine 26 reactor, as the company targets commercial power generation by the mid-2030s amid growing interest in fusion technology.
Jan 23, 2026, 11:30 AM
