American Fusion Completes First Phase of Texatron Testing, No Radiation Detected
Summary
American Fusion successfully completed the initial phase of Texatron testing at Texas Tech, achieving key engineering milestones including remote ignition, plasma switching, and high-voltage operation with no measurable radiation. This marks the transition from years of development to active laboratory validation, following the recent delivery of the pre-production engine and regulatory clearance. The results provide a technical foundation for the next testing phases, with data comparing favorably to pre-test expectations. While still early-stage, this tangible progress de-risks the technology and supports the commercialization narrative. Next testing phases are expected to expand on these findings.
At the time of this announcement, AMFN was trading at $0.17 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $281.5M. The 52-week trading range was $0.00 to $0.20. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.