American Fusion Inc. (OTC: AMFN) announced the appointment of Michael Carlson as chief financial officer, effective immediately. Carlson brings over 30 years of experience in corporate finance, capital markets, and advisory leadership, with prior roles at Budapest Airport and KPMG. His appointment is part of the company's strategy to strengthen its executive team to support capital formation and the commercialization of its fusion energy platform through its wholly owned subsidiary, Kepler Fusion Technologies.
In conjunction with the CFO appointment, American Fusion reported the completion of PCAOB audits for fiscal years 2024 and 2025 and the filing of a Form 10 registration statement with the U.S. Securities and Exchange Commission. These steps underscore the company's commitment to regulatory compliance and transparency as it progresses toward public reporting status. The company also noted progress in ongoing legal matters, including a Delaware court decision denying motions related to its Series 2020 preferred shares and a pending outcome from a Washington State hearing.
American Fusion is focused on developing and commercializing fusion energy technologies through Kepler Fusion Technologies, which is developing the Texatron(TM) aneutronic fusion platform. The company's strategy emphasizes modular, infrastructure-grade deployment for industrial, commercial, and grid-constrained applications, supported by proprietary technology and disciplined intellectual property development. For more information, visit the company's newsroom at http://ibn.fm/AMFN.
The appointment of Carlson is expected to bolster American Fusion's financial leadership as it navigates the capital-intensive path to fusion energy commercialization. With PCAOB audits completed and a Form 10 registration filed, the company is positioning itself for greater access to public capital markets. The resolution of legal matters, including the Delaware court decision and the Washington State hearing, could further reduce uncertainties for investors.
American Fusion's focus on aneutronic fusion technology, which aims to produce energy with minimal radioactive waste, distinguishes it in the competitive fusion energy landscape. The company's efforts to build a scalable platform and secure intellectual property rights are critical to its long-term commercial deployment objectives. For more details on Kepler Fusion Technologies and the Texatron platform, visit http://www.keplerfusion.com.
The full press release is available at https://ibn.fm/nH5HQ.
