General Catalyst

• Albuquerque demonstration systemPacific Fusion · Fusion · New MexicoCONSTRUCTION~2030

• Company equityPRIVATE · Albuquerque demonstration systemGeneral Catalyst and others · company-wide, not in totals$900M2024-10

• Copper tariff → US premium → grid and magnet costs

  STEP 3/3 · WATCH Copper-intensive technologiesMagnet coils and stabilizers; also every grid and transmission project.

Critical inputs

Copper

Policy that applies

• DOE adds helium to the Critical Material ListIN EFFECT