- The company is relocating its headquarters to the Fort Worth metropolitan area as it expands engineering, laboratory, and fabrication operations.
- The new facility is intended to consolidate engineering, manufacturing and administrative functions under one roof.
- The company is progressing toward a testing agreement with Texas Tech University for both its 5MW and 500kW Texatron(TM) Fusion Engine(TM) platforms.
- Management expects university testing infrastructure to accelerate portions of its development program, with initial testing activities targeted as early as July.
- Seven additional U.S. patent applications were filed to expand intellectual property surrounding the Texatron(TM) Fusion Engine(TM) architecture.
American Fusion(TM) (OTC: AMFN), a developer of next-generation fusion energy technologies, has announced a series of operational and technology milestones as it advances development of its Texatron(TM) Fusion Engine(TM) platform, highlighting a headquarters relocation to the Fort Worth area, progress toward a university testing agreement, and continued expansion of its intellectual property portfolio. The updates, announced July 1, reflect several parallel initiatives intended to support the company’s long-term commercialization strategy (https://ibn.fm/5m9td).
The company said it is relocating its operations from Midland, Texas, to the Fort Worth metropolitan area, where engineering, fabrication, laboratory and administrative functions will ultimately operate from a single integrated facility. According to management, the move will occur in two…
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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