Bezos-Backed Fusion Firm Makes Plea Over Funding Squeeze
Workers inspect the PI3 Plasma Injector at General Fusion.
Source: General FusionThis article is for subscribers only.
General Fusion Inc., a Canadian startup backed by Jeff Bezos, is making a plea to investors after raising more than $300 million to develop a system that would harness the power of the stars.
“We are ready to execute our plan but are caught in an economic and geopolitical environment that is forcing us to wait,” Chief Executive Officer Greg Twinney wrote in a open letter Monday. “All we need now is the capital to finish the job.”