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SPRING VALLEY-A (SVAC)
Key Performance
More- Earnings Score: N/A
- Momentum Score: N/A
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Latest Research & News
General Fusion Achieves Compressional Plasma Heating with LM26 Magnetized Target Fusion Machine
General Fusion announced significant progress with its Lawson Machine 26 (LM26) magnetized target fusion demonstration machine, achieving electron temperatures of approximately 8.4 million degrees Celsius (0.72 keV), representing a 3x increase during mechanical compression. The company is targeting its next milestone of 1 keV electron temperature. Results have been submitted for peer review and support General Fusion's practical MTF approach to commercializing fusion energy.
06/22/2026, 4:45 PM • GlobeNewswire
General Fusion Inc. and Spring Valley Acquisition Corp. III (NASDAQ: SVAC) have filed a joint Form F-4 registration statement with the SEC for their proposed business combination. The transaction, valued at approximately US$1 billion pro-forma equity value, is targeted to close in mid-2026 and would make General Fusion the first publicly traded pure-play fusion company, trading under ticker symbol 'GFUZ' on Nasdaq. The company plans to use proceeds to advance its Magnetized Target Fusion (MTF) technology and the LM26 demonstration machine program.
02/24/2026, 4:58 PM • GlobeNewswire
Peers
- EICEAGLE PT INMEI$9.80-0.81%Market CapN/A1-Year Change-15.91%
Statistics
MoreInformation as of 06/23/2026
Company Profile
Spring Valley Acquisition Corp. III does not have significant operations. It intends to focus on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities in natural resources and decarbonization. The company was incorporated in 2025 and is based in Dallas, Texas.
Key Executives
- Robert Ira Kaplan
- Jeffrey Schramm
- Christopher D. Sorrells
Current Ownership Distribution
- Institutions16.0M (52.26%)
- Other8.0M (25.99%)
- Mutual Funds6.7M (21.75%)
- Insiders0 (0.00%)