- The company says an independent third-party review of its Texatron(TM) fusion platform is underway, with the on-site evaluation finalizing on November 10.
- The reviewer’s final report is expected before the end of November, although the findings have not yet been disclosed.
- The review is intended to provide an external assessment of the company’s technology and engineering development; it is not certification of commercial performance or proof of fusion energy production.
- American Fusion(TM) also expects to close on a North Texas Ranch Facility before Thanksgiving, subject to customary closing requirements.
- The proposed property is intended to accommodate expanded research, engineering, testing and assembly activities as the company develops its fusion platform.
American Fusion(TM) (OTCBQ: AMFN), a developer of next-generation fusion energy technologies, is seeking an independent assessment of its Texatron(TM) fusion technology while preparing to acquire a dedicated research and development property in North Texas. The two developments, announced November 9 in the company’s latest release, mark parallel efforts to advance its technical program and establish infrastructure for its next stage of engineering work (https://ibn.fm/q0OLJ).
The independent reviewer has conducted an on-site evaluation at company facilities until November 10. American Fusion(TM) expects a final report before the end of November, subject to completion of the review process. The company said it plans to…
NOTE TO INVESTORS: The latest news and updates relating to AMFN are available in the company’s newsroom at https://ibn.fm/AMFN
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