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Reg CFTRL21.42.9Tier IOpen

Halcyon Aneutronic

Proton-boron-11 fusion at a $50 minimum. The most speculative thing on this platform, and we would rather say so.

Proton-boron-11 produces three helium nuclei and essentially no neutrons, which would mean no activated structure, no tritium handling and no neutron shielding. It is also the hardest fusion reaction anyone is seriously attempting, requiring roughly ten times the temperature of deuterium-tritium against much stronger radiative losses. Halcyon has demonstrated the ion beam and nothing beyond it.

Rio Grande Research Park · Los Alamos, NMNot applicableEscrow: Cadence Escrow Services
TRL 2 of 9, band 1.4 to 2.9, signed by Dr. Ingrid Halvorsen, PhD Plasma Physics; fusion program technical reviewer, on Jul 1, 2026.See the evidence it rests on

$742,000 committed of $3,000,000

$111,300 released · 25% subscribed

Released to the issuerCommitted, held in escrowRemaining
Minimum
$50

$50 per unit

Instrument
SAFE
Term
None
Investors
1,684

Closes January 31, 2027 · 140 days remaining

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No payment processor is connected. The commitment flow runs end to end, through amount, agreement, signature and receipt, and records a simulated position rather than a charge.

1 of 2 rungs released

Release is structured as staged closings rather than withheld proceeds. Amounts shown are cumulative against the $742k committed to this offering.

  1. Ion beam characterization published

    Capital released
    TRL target
    TRL 2
    Cumulative release
    15% · $111,300
    Certified
    June 8, 2026

    Verified by: Peer-reviewed publication of beam parameters

    Certifier: Cordell Independent Verification

  2. Measurable fusion yield

    Pending
    TRL target
    TRL 3
    Cumulative release
    15% · $111,300
    Target
    December 31, 2029

    Verified by: Independent detection of alpha particle yield above background

Committed
$742,000

Held by the escrow agent on subscription

Released to the issuer
$111,300

15% of committed capital

Still escrowed
$630,700

Unlocks on the next certification

Escrow agent: Cadence Escrow Services. Certification is performed by an independent party with no economic interest in the release.