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Reg D 506(c)TRL32.3–3.7Tier IOpen

Tessera Fusion

Tessera Fusion

Deuterium-helium-3 with direct energy recovery and no steam cycle. Accredited investors only.

Deuterium-helium-3 releases most of its energy as charged particles rather than neutrons, which means the energy can in principle be recovered electrostatically instead of by boiling water. That eliminates the turbine, the steam plant and much of the neutron damage problem. It also requires higher temperatures than deuterium-tritium and a helium-3 supply that does not meaningfully exist on Earth.

Snohomish Technology Center · Everett, WANot applicableEscrow: Meridian Trust, N.A.
TRL 3 of 9, band 2.3 to 3.7, signed by Dr. Ingrid Halvorsen, PhD Plasma Physics; fusion program technical reviewer, on May 7, 2026.See the evidence it rests on

$23,600,000 committed of $40,000,000

$3,540,000 released · 59% subscribed

Released to the issuerCommitted, held in escrowRemaining
Minimum
$50,000

$1,000 per unit

Target coupon
4.00%

Annual, fixed

Term
5 yr
Investors
61

Closes October 31, 2026 · 48 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.

Capital release schedule

1 of 3 rungs released

Release is structured as staged closings rather than withheld proceeds. Amounts shown are cumulative against the $23.6M committed to this offering.

  1. Compression result published

    Capital released
    TRL target
    TRL 3
    Cumulative release
    15% · $3,540,000
    Certified
    March 20, 2026

    Verified by: Peer-reviewed publication; DOE milestone acceptance

    Certifier: Cordell Independent Verification

  2. Sustained fusion conditions

    Pending
    TRL target
    TRL 5
    Cumulative release
    30% · $7,080,000
    Target
    December 31, 2030

    Verified by: Independent diagnostic confirmation of fusion neutron and proton yield

  3. Direct energy recovery demonstrated

    Pending
    TRL target
    TRL 6
    Cumulative release
    50% · $11,800,000
    Target
    December 31, 2033

    Verified by: Third-party witnessed electrical output from charged particle recovery

Committed
$23,600,000

Held by the escrow agent on subscription

Released to the issuer
$3,540,000

15% of committed capital

Still escrowed
$20,060,000

Unlocks on the next certification

Escrow agent: Meridian Trust, N.A.. Certification is performed by an independent party with no economic interest in the release.