Spring Valley Acquisition Corp. Iii · NASDAQ:SVAC
Spring Valley Acquisition Corp. Iii — General Fusion — Investor Presentation (August 2026)
19 slides from Spring Valley Acquisition Corp. Iii's investor presentation, Aug 18, 2026
Slide 1: An Engineering Approach to Delivering Fusion Energy
AN ENGINEERING APPROACH TO DELIVERING FUSION ENERGY AUGUST 18, 2026 BUSINESS UPDATE
Slide 2: Legal Disclaimers
LEGAL DISCLAIMERS This presentation (together with any oral statements made in connection herewith, the “Presentation”) is for informational purposes only and has been prepared solely to assist interested parties in making their own evaluation of General Fusion Group Ltd., a British Columbia company
Slide 3: Key Company Highlights: Transforming the World's Energy Supply
KEY COMPANY Growing Global Demand for Clean, Reliable Power HIGHLIGHTS: 1 As AI, data centers, and large-scale electrification are driving explosive load growth, fusion can supply clean, safe & always-on baseload energy globally while supporting the path towards net-zero by 2050 TRANSFORMING THE 2 I
Slide 4: Massive Global Need for Secured Baseload Power
MASSIVE GLOBAL NEED FOR SECURED BASELOAD POWER Global Electricity Demand Estimated to Approximately Double by 2050(1) Traditional Sources May Not be Scalable to Meet Demand Grid Under Pressure: Surging demand from EVs, industries, and data centers is Economic Drag: $9.1 trillion investment needed be
Slide 5: Translating into a Tremendous Market Opportunity in Fusion
TRANSLATING INTO A TREMENDOUS MARKET OPPORTUNITY IN FUSION Nuclear Fusion is the Potential Holy Grail for Clean Baseload Power CLEAN EFFICIENCY & FUEL SAFETY $1+ Trillion per year(1) ENERGY SCALABILITY ABUNDANCE ADVANTAGED Reliable & dispatchable Minimal land use Deuterium fuel can easily No
Slide 6: LCOE Benchmarking Analysis ($/MWh)
GENERAL FUSION'S MTF LCOE BENCHMARKING ANALYSIS ($/MWh) TECHNOLOGY AIMS TO BE COST Dispatchable(2) Non-dispatchable(2) COMPETITIVE ON A LEVELIZED Nuclear Non-Nuclear Others COST OF ENERGY ("LCOE") BASIS $141 - $220 • Fusion plants are expected to deliver 4x more energy per unit of fuel than fission,
Slide 7: Fusion's Structural Advantages
FUSION'S STRUCTURAL ADVANTAGES Potential for Carbon-Free, No High-Level No Self- Simplified Streamlined Baseload, Abundant Fuel No Core Inherent Safety or Long-Lived Sustaining Chain Regulatory Licensing and Dispatchable Supply Meltdown Risk Characteristics Radioactive Reaction Profile More Flexible
Slide 8: 2026 Year to Date Highlights
2026 YEAR TO DATE HIGHLIGHTS Clear Progress WENDY KEI THOMAS JOANNA Board Member BOEHLERT CAMERON Board Member General Counsel & Corp Secretary As of July 13, 2026, LM26 Fusion Machine General Fusion’s shares heated plasma to 8.4m Established a framework and warrants were listed degrees Celsius, for
Slide 9: Basics of Pursuing Fusion on Earth
BASICS OF PURSUING FUSION ON EARTH What is Fusion? Fusion is the process by which two light atoms fuse to form a single heavier atom, releasing energy To Make Fusion Happen on Earth Without the gravity & pressure of the stars, systems must be built that can generate the necessary conditions here on
Slide 10: Our Differentiated Engineering Approach for Practical Fusion Energy
OUR DIFFERENTIATED ENGINEERING APPROACH FOR PRACTICAL FUSION ENERGY Magnetic Confinement Fusion (“MCF”) Magnetic Confinement Extreme Fusion (MCF) Requires intense magnetic fields created with superconducting magnets to achieve extreme energy confinement time Energy Confinement Time Magnetized Target
Slide 11: How Does General Fusion's MTF Technology Create Fusion Energy?
HOW DOES GENERAL FUSION’S MTF TECHNOLOGY CREATE FUSION ENERGY? Form liquid metal cavity inside Inject magnetized plasma(1) into Compress plasma with liquid Fusion and energy extraction, fusion vessel liquid metal cavity metal using mechanical drivers conversion and recovery Plasma injector Fusion Pi
Slide 12: General Fusion Uniquely Solves Critical Barriers to Fusion Energy
GENERAL FUSION UNIQUELY SOLVES CRITICAL BARRIERS TO FUSION ENERGY Barriers Other Fusion Approaches Face Material Degradation Fuel Sourcing Energy Capture Cost A Unique Practical Solution with an Engineering Approach Durable Fusion Abundant Tritium Simple Energy Economical Machine Fuel Conversion Fus
Slide 13: LM26 Built & Operating: A Large-Scale MTF Fusion Demonstration Machine
LM26 BUILT & OPERATING: A LARGE-SCALE MTF FUSION DEMONSTRATION MACHINE First Plasma LM26 – designed, LM26 First Plasma Multiple plasma 0.72 keV Operations All systems Compression built, and assembled Assembled begin on time Achieved working as compressions (~8.4M°C) Achieved in less than 2 years and
Slide 14: Pathway to Economical Carbon-Free Fusion Energy in the Next Decade
PATHWAY TO ECONOMICAL CARBON-FREE FUSION ENERGY IN THE NEXT DECADE… 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Science Engineering Integration Commercialization LM26 (funded through PIPE offering) • 1 keV • 10 keV • 100% Lawson(1) Plasma Injector Rep Rate Tritium Extraction Heat Exchanger Sea
Slide 15: Key Collaborators & Suppliers, Potential Early Adopters & Select Partners
KEY COLLABORATORS & POTENTIAL EARLY ADOPTERS & SELECT PARTNERS SUPPLIERS Market Development Advisory Committee: Potential Early Adopters • Oak Ridge National Laboratory • Savannah River National Laboratory • Princeton Plasma Physics Laboratory • Lawrence Livermore National Laboratory • DIII-D Nation
Slide 16: Long-Term Asset Light, Scalable, Technology-Centric Business Model
LONG-TERM ASSET LIGHT, SCALABLE, TECHNOLOGY-CENTRIC BUSINESS MODEL Construction Phase (3.5 Year Construction Period)(1) General Fusion’s Role Power Plant EPC’s Role High margin OEM segment based on core IP & expertise Engineering, procurement and construction Preliminary Scope of Supply (“EPC”) serv
Slide 17: Potential NOAK Plant OEM Revenue Streams for Fusion Island & Related Systems
POTENTIAL NOAK PLANT OEM REVENUE STREAMS FOR FUSION ISLAND & RELATED SYSTEMS1 Pre-COD (~3.5 years) Post-COD (40+ Year Plant Life) Revenue Sources IP Technology Licensing • Diversified suite of pre- for Construction and and post COD Operations services, equipment and Engineering and Project intellect
Slide 18: Company Highlights
COMPANY HIGHLIGHTS Tailwinds Market Tailwinds Global Need for Baseload Power Our fusion technology approach uniquely addresses barriers to commercialization: Durable fusion machine Simple energy conversion Abundant tritium fuel Economical fusion power Fusion Can Help Meet Energy Demand & Ach
Slide 19: Clean Energy. Everywhere. Forever.
CLEAN ENERGY. EVERYWHERE. FOREVER. generalfusion