General Atomics invests $20mn in Canadian joint venture on tritium
General Atomics injects $20mn into Fusion Fuel Cycles, a joint venture between Canada and Japan, to develop a facility dedicated to the tritium fuel cycle, a central element for the industrial viability of nuclear fusion.
| Countries | Canada, Japon, États-Unis |
|---|---|
| Sector | Énergie Fusion, Tritium |
| Theme | Investissements & Transactions, Investissement entreprise |
General Atomics has announced a $20mn, ten-year investment in Fusion Fuel Cycles Inc. (FFC), a joint venture between Canadian Nuclear Laboratories (CNL) and Kyoto Fusioneering, an engineering company specialising in fusion technologies. The funding aims to accelerate the commissioning of UNITY-2, a tritium fuel cycle test facility intended to support the transition to commercially viable fusion power plants.
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