Source recordFED

General Fusion Inc.

Federal grants & contributions· SIF Stream 1 - R&D· Innovation, Science and Economic Development Canada· FY2020· $74,275,000· BN 853447134· BC

Description

This project will mature the company’s fusion energy technology systems from an experimental proof of concept to a power plant-relevant scale and conditions, and prepare for testing in an integrated prototype system by advancing key plasma …

Amendment chain · 5 entries

Each notch is one published row for this agreement: #0 is the original (placed at its start date) and each later notch is an amendment (placed at its amendment date). The height is the agreement's total value as of that row — the source column is cumulative, not a change amount — so the line reads as the commitment over time and the right-most notch is the current commitment shown in the header. For this agreement: $49,275,000 at start, $74,275,000 after amendment #4 (+$25,000,000).

$74,275,000$0Original · 2019-01-01 (start date) · total $49,275,000Amendment 1 · 2020-07-14 · total $49,275,000Amendment 2 · 2023-11-27 · total $54,275,000Amendment 3 · 2025-01-22 · total $69,275,000Amendment 4 · 2026-03-26 · total $74,275,000
  • #02019-01-01$49,275,000
  • #12020-07-14$49,275,000
  • #22023-11-27$54,275,000+$5,000,000
  • #32025-01-22$69,275,000+$15,000,000
  • #42026-03-26$74,275,000+$5,000,000
RowDateTotal value as of rowChange vs previousDescription on this row
#0 original2019-01-01(start date)$49,275,000—Develop a first-of-its-kind large-scale prototype plant that will demonstrate a practical approach to commerci…
#1 amendment2020-07-14$49,275,000+$0Develop a first-of-its-kind large-scale prototype plant that will demonstrate a practical approach to commerci…
#2 amendment2023-11-27$54,275,000+$5,000,000Develop a first-of-its-kind large-scale prototype plant that will demonstrate a practical approach to commerci…
#3 amendment2025-01-22$69,275,000+$15,000,000This project will mature the company’s fusion energy technology systems from an experimental proof of concept…
#4 amendment2026-03-26$74,275,000+$5,000,000This project will mature the company’s fusion energy technology systems from an experimental proof of concept…

Related records · 6

Records are related by an explicit link in the data, stated for each group below — never by text similarity. Values are each agreement's current commitment (latest amendment).

Other current agreements for the same recipient (business number 853447134)

RefDepartment · programCurrent valueFY
172-2020-2021-Q1-950113National Research Council Canada | Conseil national de recherches Canada · Innovation Assistance Program$680,988FY2021

Other recipients funded under "SIF Stream 1 - R&D" by Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada (most recent first)

RefRecipientFiscal yearCurrent valueFY
033-2024-2025-Q2-816194Kepler Communications Inc.FY2025$20,000,000FY2025
033-2024-2025-Q1-819661Giatec Scientific Inc.FY2025$17,500,000FY2025
033-2024-2025-Q1-820045Biotechnologies Aramis Inc.FY2025$40,000,000FY2025
033-2023-2024-Q3-819513IBM Canada Limited - IBM Canada LtéeFY2024$24,885,000FY2024
033-2023-2024-Q1-814534AVL Fuel Cell Canada Inc.FY2024$15,000,000FY2024

Cite as: Glassbox record view · Federal grants & contributions · 033-2019-2020-Q1-811346 · retrieved 2026-11-12.