The planned fusion machines is to achieve fusion conditions of over 100 million degrees Celsius by 2025, and progress toward scientific breakeven by 2026. They completed the first close of its Series F raise for a combined $25 million USD (approximately $33.5 million CAD) of funding.

The round was anchored by existing investors, BDC Capital and GIC. It also included new grant funding from the Government of British Columbia, which builds upon the Canadian government's ongoing support through the Strategic Innovation Fund (SIF).

This machine represents a significant new pillar to accelerate and de-risk General Fusion's Demonstration Program, designed to leverage the company's recent technological advancements and provide electricity to the grid with commercial fusion energy by the early to mid-2030s.