An exploration of existing fusion spin-outs and fusion-adjacent paths to commercialisation of non-power applications for fusion tech, and the underlying investment thesis.

• What are the business models, expectations, size of markets and likely growth?
• How, where and when do they present actionable, scalable investment opportunities?
• What advantages do fusion-derived approaches have over existing solutions in each market?
• Do early commercial successes de-risk the path to fusion energy?