American Fusion(TM) (OTCBQ: AMFN), a developer of next-generation fusion energy technologies, has reported 21 additional U.S. patent applications, bringing its pending portfolio to 151, as the Texas-based fusion developer advances plans for further Texatron(TM) testing and prepares for a potential move to a national securities exchange.
The company’s September 22 corporate update outlined three areas of activity: intellectual property protection, testing infrastructure and capital-markets preparation (https://ibn.fm/R4hlJ). The new applications expand coverage around the Texatron(TM) platform, including alternative confinement structures and component arrangements. The filings described in the update include quartz and aluminum configurations, rifled toroidal chambers, electromagnetic foils, ridge-mounted coils and helium-3/deuterium fuel-injection systems.
American Fusion(TM) says its intellectual property strategy is intended to protect a family of potential Texatron(TM) Fusion Engine(TM) designs rather than a single reactor configuration. The company argues that securing a broad range of technical approaches may become more important as engineering work progresses and it engages with prospective commercial counterparties. The applications are pending and remain subject to examination by the U.S. Patent and Trademark Office.
“Our intellectual property strategy is designed to protect not merely a single fusion device, but a family of Texatron(TM) Fusion Engines(TM) and the technologies that may support multiple sizes, configurations, applications and future generations of the platform,” said Brent Nelson, Executive Chairman of American Fusion(TM). “We believe that intellectual property may ultimately represent one of American Fusion’s(TM) most important long-term corporate assets.”
A second focus is the company’s testing program. American Fusion(TM) continues to pursue testing at a university facility while planning a dedicated site under its own control. Management says the facility could provide greater flexibility over scheduling and diagnostic instrumentation. The company has identified a property and negotiated principal terms and a purchase price. It expects to enter escrow through an affiliate, but the transaction remains subject to customary closing conditions. American Fusion(TM) said it would provide further details in a Current Report on Form 8-K as required.
A company-controlled facility would complement, rather than replace, outside scientific and engineering relationships. The update did not provide a detailed schedule for the site’s completion or specify when particular testing milestones would be reached.
The Texatron(TM) program remains in development and engineering validation. The company’s longer-term objective is to establish a modular fusion-energy platform, but the update did not announce a new demonstration of sustained fusion power or commercial electricity production.
The third area is a potential uplisting from OTCQB to a national securities exchange. American Fusion(TM) is evaluating the Texas Stock Exchange (TXSE) as a preferred possibility, while also considering the New York Stock Exchange and NASDAQ. Management cited the company’s Texas headquarters and development activity as factors in its interest in TXSE.
The company believes it meets TXSE’s initial listing criteria apart from the minimum bid-price requirement, and says it may qualify under a $200 million market-capitalization standard. Depending on the share price at the time of an application, a reverse stock split may be considered to address the bid-price requirement.
American Fusion(TM) says work completed during 2026, including audited financial statements, SEC reporting status, current periodic reporting and OTCQB qualification, has helped build the infrastructure for a possible national listing. Any uplisting would still require the company to meet the selected exchange’s rules and receive its approval.
The company also disclosed receiving several financing term sheets from funds contemplating capital in connection with a potential uplisting and the advancement of Texatron(TM) commercialization. It is evaluating those proposals alongside other alternatives. No definitive financing agreement has been executed, leaving the amount, structure and availability of any future capital uncertain.
The update also noted that Chief Executive Officer Brent Nelson and members of management were scheduled to visit the NYSE on September 28 for an interview with New to The Street and meetings with banks and institutional investors.
For more information, visit the company’s website at www.AmericanFusionEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to AMFN are available in the company’s newsroom at https://ibn.fm/AMFN
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