Texas Regulator Certifies All 12 Texatron™ Fusion Engine™ Models; Testing Starts July 27
AMFN filed a Product Development and Regulatory on light trading volume (0.4× avg).
Summary
American Fusion received a Texas DSHS certificate for all 12 Texatron™ Fusion Engine™ model classes, clearing a key regulatory hurdle for R&D testing. The certificate, issued July 17, authorizes use at a Texas Tech-affiliated facility in Lubbock, with testing expected to begin the week of July 27. This follows the June 18 delivery of the 5MW pre-production engine and the July 1 operational update, marking a tangible step toward technical validation. The certification covers models from 500 kW to 1 GW, though none have demonstrated commercial readiness. For a company with a going concern warning and a $153M market cap, this regulatory green light and imminent testing schedule provide concrete progress that could shift the risk/reward profile. The testing program will include the 500 kW and 5 MW systems, with results likely to drive the next major move in the stock.
At the time of this announcement, AMFN was trading at $0.09 on OTC in the Energy & Transportation sector, with a market capitalization of approximately $153.5M. 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 8 out of 10. Source: GlobeNewswire.