General Fusion Group Ltd. (GFUZ)

NASDAQ Utilities Renewable Utilities

General Fusion Group Ltd. operates in the Renewable Utilities industry of the Utilities sector, headquartered in Richmond, BC, CA. The stock last traded at $8.31, down 9.58% on the session, giving a market capitalisation of $670.8M. Its beta of 0.47 implies it has historically moved less than the broad market.

General Fusion Group Ltd is focused on developing fusion energy technology based on Magnetized Target Fusion (MTF), which combines magnetic confinement and mechanical compression to achieve fusion conditions. It operates a large-scale demonstration system, Lawson Machine 26 (LM26), intended to validate elements of its technology and support the development of commercial fusion power plants for electricity generation.