American Fusion(TM) Inc. (AMFN) Expands Industry Engagement, Appoints New CFO to Strengthen Capital Markets Strategy
- American Fusion(TM) Inc. is increasing its presence at technical and energy-infrastructure conferences as it advances its fusion development strategy.
- Company representatives attended both the Applied Power Electronics Conference and the International Workshop on Anomalies in Hydrogen Loaded Metals.
- The company’s subsidiary, Kepler Fusion Technologies, is developing the unique Texatron(TM) fusion system designed for modular power generation.
- The company recently appointed Michael Carlson as Chief Financial Officer to guide capital markets strategy and financial operations.
- The firm is exploring “behind-the-meter” energy deployment strategies to simplify early commercialization.
American Fusion (OTC: AMFN), an advanced energy platform company focused on the development and commercialization of an advanced fusion energy technology, recently highlighted its participation in multiple industry events as part of a broader effort to remain connected to technical research and power-system engineering developments (https://nnw.fm/Q61Tf ). In March, company representatives attended two international technical gatherings.
A representative from the firm participated in the 17th International Workshop on Anomalies in Hydrogen Loaded Metals, a research conference held in Bergamo, Italy on March 24-26. The event took place at the Kilometro Rosso Science and Technology Park, a technology campus near Milan that hosts research organizations and engineering companies.
The workshop brings together scientists and engineers studying hydrogen-metal systems and related phenomena. Topics include experimental heat production, plasma systems, instrumentation, and computational modeling. Such events serve as forums for researchers to exchange experimental results and discuss emerging approaches in advanced materials and energy research.
At the same time, five members of American Fusion’s(TM) executive team attended the Applied Power Electronics Conference in San Antonio, Texas, on March 22-26. The conference focused on practical applications of power electronics, grid infrastructure, and high-efficiency energy systems.
For a company developing future power-generation technology, participation in these forums provides access to engineers, system designers, and component manufacturers who shape the broader energy ecosystem.
Management says these engagements are intended to help monitor adjacent technological developments and build relationships relevant to future deployment of fusion-based energy systems.
Alongside its technical outreach, American Fusion(TM) has also expanded its executive leadership. The company recently appointed Michael Carlson as Chief Financial Officer, a move aimed at strengthening capital markets strategy as the company advances its development plans (https://nnw.fm/oh6n8 ).
Carlson brings more than three decades of experience in corporate finance and advisory work. Most recently, he served as CFO of Budapest Airport, where he oversaw a capital structure exceeding €1.5 billion and managed a €795 million refinancing transaction in 2023.
Earlier in his career, Carlson spent over 30 years at KPMG, where he became an audit partner and later led financial advisory services in Hungary. His work included advising multinational organizations on corporate finance, restructuring, valuation, and mergers and acquisitions. Carlson holds an MBA from Purdue University and is a Chartered Professional Accountant in Canada.
Company leadership says the appointment reflects the need for financial discipline and capital-markets expertise as the company pursues large-scale infrastructure development.
“Michael brings a level of financial discipline and capital markets experience that is important as we continue building the company’s institutional foundation,” said CEO Richard Hawkins. “His background in complex financing environments and governance will support our transition as we scale and engage more broadly with investors and strategic partners.”
American Fusion’s(TM) technology development is centered on the Texatron(TM) system being designed by Kepler Fusion Technologies. The Texatron(TM) concept uses a pulsed torsatron configuration intended to generate plasma capable of supporting aneutronic fusion reactions using deuterium and helium-3 fuel. The approach remains under development, consistent with the broader state of the fusion sector.
Fusion energy has long been pursued as a potential large-scale power source because it uses abundant fuels and produces minimal long-lived radioactive waste compared with conventional nuclear power. However, commercial systems remain under development, and companies across the sector are working toward practical reactor designs that could support future energy demand.
While the company has reported successful plasma formation during testing, commercial fusion power generation has not yet been demonstrated. Nevertheless, management is pursuing an accelerated development roadmap. According to Kepler CEO Brent Nelson, the company aims to begin delivering electricity in early deployment scenarios once initial reactor units are operational.
The firm’s commercialization plan is built around modular reactors. American Fusion(TM) is currently developing nine Texatron(TM) reactor models and constructing two initial designs: a five-megawatt system intended as a demonstration platform and a larger 100-megawatt unit designed to test commercial viability.
The 100-megawatt configuration is expected to form the foundation of the company’s scaling strategy. Multiple units could be combined to reach utility-scale capacity. Ten such reactors, for example, would equal roughly one gigawatt of generation capacity.
Instead of immediately connecting reactors to major public electricity grids, the company plans to deploy early units “behind the meter,” meaning directly at a customer’s facility. This approach allows industrial customers to generate electricity on site while avoiding some of the regulatory hurdles associated with grid interconnection.
For more information, visit the company’s website at www.AmericanFusionEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to AMFN are available in the company’s newsroom at https://nnw.fm/AMFN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
- American Fusion(TM) Inc. is increasing its presence at technical and energy-infrastructure conferences as it advances its fusion development strategy.
- Company representatives attended both the Applied Power Electronics Conference and the International Workshop on Anomalies in Hydrogen Loaded Metals.
- The company’s subsidiary, Kepler Fusion Technologies, is developing the unique Texatron(TM) fusion system designed for modular power generation.
- The company recently appointed Michael Carlson as Chief Financial Officer to guide capital markets strategy and financial operations.
- The firm is exploring “behind-the-meter” energy deployment strategies to simplify early commercialization.
American Fusion (OTC: AMFN), an advanced energy platform company focused on the development and commercialization of an advanced fusion energy technology, recently highlighted its participation in multiple industry events as part of a broader effort to remain connected to technical research and power-system engineering developments (https://nnw.fm/Q61Tf ). In March, company representatives attended two international technical gatherings.
A representative from the firm participated in the 17th International Workshop on Anomalies in Hydrogen Loaded Metals, a research conference held in Bergamo, Italy on March 24-26. The event took place at the Kilometro Rosso Science and Technology Park, a technology campus near Milan that hosts research organizations and engineering companies.
The workshop brings together scientists and engineers studying hydrogen-metal systems and related phenomena. Topics include experimental heat production, plasma systems, instrumentation, and computational modeling. Such events serve as forums for researchers to exchange experimental results and discuss emerging approaches in advanced materials and energy research.
At the same time, five members of American Fusion’s(TM) executive team attended the Applied Power Electronics Conference in San Antonio, Texas, on March 22-26. The conference focused on practical applications of power electronics, grid infrastructure, and high-efficiency energy systems.
For a company developing future power-generation technology, participation in these forums provides access to engineers, system designers, and component manufacturers who shape the broader energy ecosystem.
Management says these engagements are intended to help monitor adjacent technological developments and build relationships relevant to future deployment of fusion-based energy systems.
Alongside its technical outreach, American Fusion(TM) has also expanded its executive leadership. The company recently appointed Michael Carlson as Chief Financial Officer, a move aimed at strengthening capital markets strategy as the company advances its development plans (https://nnw.fm/oh6n8 ).
Carlson brings more than three decades of experience in corporate finance and advisory work. Most recently, he served as CFO of Budapest Airport, where he oversaw a capital structure exceeding €1.5 billion and managed a €795 million refinancing transaction in 2023.
Earlier in his career, Carlson spent over 30 years at KPMG, where he became an audit partner and later led financial advisory services in Hungary. His work included advising multinational organizations on corporate finance, restructuring, valuation, and mergers and acquisitions. Carlson holds an MBA from Purdue University and is a Chartered Professional Accountant in Canada.
Company leadership says the appointment reflects the need for financial discipline and capital-markets expertise as the company pursues large-scale infrastructure development.
“Michael brings a level of financial discipline and capital markets experience that is important as we continue building the company’s institutional foundation,” said CEO Richard Hawkins. “His background in complex financing environments and governance will support our transition as we scale and engage more broadly with investors and strategic partners.”
American Fusion’s(TM) technology development is centered on the Texatron(TM) system being designed by Kepler Fusion Technologies. The Texatron(TM) concept uses a pulsed torsatron configuration intended to generate plasma capable of supporting aneutronic fusion reactions using deuterium and helium-3 fuel. The approach remains under development, consistent with the broader state of the fusion sector.
Fusion energy has long been pursued as a potential large-scale power source because it uses abundant fuels and produces minimal long-lived radioactive waste compared with conventional nuclear power. However, commercial systems remain under development, and companies across the sector are working toward practical reactor designs that could support future energy demand.
While the company has reported successful plasma formation during testing, commercial fusion power generation has not yet been demonstrated. Nevertheless, management is pursuing an accelerated development roadmap. According to Kepler CEO Brent Nelson, the company aims to begin delivering electricity in early deployment scenarios once initial reactor units are operational.
The firm’s commercialization plan is built around modular reactors. American Fusion(TM) is currently developing nine Texatron(TM) reactor models and constructing two initial designs: a five-megawatt system intended as a demonstration platform and a larger 100-megawatt unit designed to test commercial viability.
The 100-megawatt configuration is expected to form the foundation of the company’s scaling strategy. Multiple units could be combined to reach utility-scale capacity. Ten such reactors, for example, would equal roughly one gigawatt of generation capacity.
Instead of immediately connecting reactors to major public electricity grids, the company plans to deploy early units “behind the meter,” meaning directly at a customer’s facility. This approach allows industrial customers to generate electricity on site while avoiding some of the regulatory hurdles associated with grid interconnection.
For more information, visit the company’s website at www.AmericanFusionEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to AMFN are available in the company’s newsroom at https://nnw.fm/AMFN
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
