SOUTHLAKE, Texas, Sept. 01, 2026 (GLOBE NEWSWIRE) — American Fusion™ Inc. (OTCQB: AMFN) (“American Fusion™” or the “Company”), developer of the proprietary Texatron™ Fusion Engine™, announced the publication of an updated equity research report by Harbinger Research, LLC. The report was prepared by Brian R. Connell, CFA, Senior Research Analyst at Harbinger Research and an equity research professional with more than 25 years of experience in the securities industry.
The report, titled “Advancing Modular Fusion Power Toward Commercial Validation,” updates Harbinger’s coverage of American Fusion™ following its initial research coverage published in January 2026 and examines the Company’s progress during the intervening eight months. The report provides an updated analysis of the Company’s Texatron™ technology, testing program, intellectual property portfolio, commercial strategy, capital structure, competitive landscape, potential catalysts and principal investment considerations.
The updated report examines American Fusion™’s transition from prototype development into active Texatron™ testing, including completion of the Company’s 5 MW pre-production Texatron™ and commencement of formal testing at Texas Tech University. The report also discusses the Company’s expansion to 100 pending U.S. patent applications, development of its scientific and engineering organization, establishment of SEC-reporting status, advancement to the OTCQB Venture Market and substantial restructuring of the legacy capitalization inherited from Renewal Fuels.
Harbinger also examines the broader commercial environment surrounding fusion energy, including rapidly increasing electricity demand associated with artificial intelligence, hyperscale data centers, advanced manufacturing and electrification. The report discusses American Fusion™’s strategy of developing Texatron™ as a family of compact, modular fusion systems intended for applications ranging from distributed and remote power to data centers, industrial facilities, defense installations and utility-scale electricity generation.
A central theme of the report is American Fusion™’s progression into a stage where measurable technical results are expected to become increasingly important to the Company’s investment thesis. Harbinger identifies additional Texatron™ testing results, evidence of D–³He fusion, quantitative energy and power-output measurements, repeatability and independent validation, commercial agreements and power purchase agreements, additional financing and progress toward a national-exchange listing among the Company’s potential future catalysts.
Brent Nelson, Executive Chairman of American Fusion™, commented: “The difference between where American Fusion™ stood when Harbinger initiated coverage in January and where we stand today is substantial. We have moved the Texatron™ into active testing, dramatically expanded our intellectual-property portfolio, strengthened our scientific and engineering organization, become SEC reporting and advanced to OTCQB. The next phase is increasingly about producing measurable technical results and continuing to demonstrate the potential of the technology.”
Nelson continued: “We believe the extraordinary growth in electricity demand, particularly from AI and data centers, is creating an enormous opportunity for reliable distributed power. Our objective is to continue advancing the Texatron™ methodically through testing and validation while building the commercial and corporate infrastructure necessary to pursue that opportunity.”
The full Harbinger Research report is available here: Advancing Modular Fusion Power Toward Commercial Validation
American Fusion™ Inc.
Administration Mailing Address:
401 N Carroll Ave., Ste. 192
Southlake, TX 76092
United States
