Realta Fusion has filed a notice of an exempt offering of securities to raise $8,999,996.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Realta Fusion is raising $8,999,996.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Kieran Furlong played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Realta Fusion
Realta Fusion is an early-stage spin-out from the University of Wisconsin-Madison developing the lowest capital and least complex path to commercially competitive fusion energy. We are applying advances in super-conducting materials, plasma physics, and computing power to a simple linear fusion reactor configuration. These advances allow for a much lower capex power plant, utilizing abundant fuel sources to provide a new, zero-carbon source of heat and power.
To learn more about Realta Fusion, visit http://www.realtafusion.com/
Contact:
Kieran Furlong, Chief Executive Officer
608-421-9627
https://www.linkedin.com/in/kieranfurlong
SOURCE: http://www.intelligence360.io
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