American Fusion Inc. (OTC: AMFN) provided an update on the development of its 5MW pre-production Texatron Fusion Engine, saying final modifications are nearing completion and delivery of the system is expected next week from a third-party manufacturing facility in Texas. The company said it continues to advance regulatory approvals, testing infrastructure and scientific instrumentation procurement as it prepares for a multi-phase testing and validation program targeted for completion by the end of August 2026.
American Fusion said the testing campaign will evaluate plasma temperature, density, fusion reaction rates, power output and energy conversion efficiency, while independent scientific instrumentation will be used to validate system performance. The company also reported progress on corporate initiatives, including its OTCQB uplisting application, patent portfolio expansion, approximately $1.1 million in recent capital raises and preliminary discussions regarding a potential 20-megawatt power purchase agreement with a Canadian mining company.
To view the full press release, visit https://ibn.fm/T5zyH.
