General Fusion announced the appointment of Thomas Boehlert to its Board of Directors as the fusion energy company advances toward becoming a publicly traded company through its previously announced business combination with Spring Valley Acquisition Corp. III. Boehlert’s appointment became effective on May 12, 2026, and he will also serve as Chair of the Nominating and Governance Committee.
Based in Vancouver, General Fusion is developing Magnetized Target Fusion technology as part of the global effort to commercialize fusion energy. The company said Boehlert’s extensive public company and capital markets experience will support its transition into the public markets while strengthening governance and strategic oversight.
Boehlert brings more than three decades of executive leadership experience across industrials, agribusiness, natural resources, power generation, and energy transition sectors. Most recently, he served as Chief Financial Officer of US Strategic Metals and as a director of Arizona Sonoran Copper Company.
Throughout his career, Boehlert has held several senior executive positions, including Executive Vice President and CFO of Bunge Limited, CFO of Kinross Gold, and CEO of First Nickel. The company noted that he has extensive experience leading portfolio optimization initiatives, improving capital structures, and managing organizations through periods of strategic transformation and market volatility.
General Fusion said Boehlert also brings substantial public company board experience, including service as Audit Committee Chair, Compensation Committee Chair, and Special Committee member, with expertise spanning governance, capital allocation, IPOs, and strategic reviews.
The company highlighted continued progress with its Magnetized Target Fusion platform, which is designed to address major challenges associated with commercial fusion deployment. Unlike some fusion approaches that rely on superconducting magnets or high-powered lasers, General Fusion’s technology is intended to leverage practical engineering methods and existing materials to create durable, cost-effective fusion systems.
Earlier in 2025, General Fusion announced that it had designed, built, and started operating its Lawson Machine 26 fusion demonstration machine in under two years. According to the company, LM26 represents the first Magnetized Target Fusion demonstration machine built at a commercially relevant scale. The system mechanically compresses plasma using a lithium liner and is operating at 50% of commercial-scale diameter.
The company said LM26 is designed to achieve a series of technical milestones, including plasma heating to 1 keV, equivalent to approximately 10 million degrees Celsius, then to 10 keV, or about 100 million degrees Celsius, with the ultimate goal of reaching the Lawson criterion required for net fusion energy production within the plasma.
General Fusion, founded in 2002, continues to position itself as a major participant in the growing global fusion energy industry as governments and private sector investors accelerate efforts to commercialize next-generation clean energy technologies.
KEY QUOTES:
“I’m pleased to join General Fusion at such an important stage in its growth, particularly as it aligns with my interest in companies helping to drive the global energy transition. Having worked with companies at similar inflection points, I look forward to aligning technical progress with disciplined execution as the business moves from development to deployment.”
Thomas Boehlert
“Thomas brings an excellent combination of deep capital markets expertise and hands-on leadership experience to our Board of Directors. His guidance will be invaluable as General Fusion advances our transformational technology toward commercialization, strengthening the governance, controls, and strategic discipline needed for our transition to a public company.”
Greg Twinney, Chief Executive Officer, General Fusion
“We are very pleased to welcome Thomas to the Board at such a pivotal point in the company’s evolution. His counsel will be invaluable as we position the business for long-term, scalable success. We look forward to working closely with him and benefiting from his judgment, discipline, and experience as we navigate the opportunities and responsibilities that come with being a public company.”
Klaas de Boer, Chair, General Fusion Board Of Directors
