Kepler Fusion™ — Pioneering Compact Fusion Energy
401 N Carroll Ave., Ste. 192Southlake, TX 76092
United States
+1 855 553 7537
LAS VEGAS, Dec. 01, 2025 (GLOBE NEWSWIRE) — Renewal Fuels, Inc. (OTC: RNWF) (“RNWF” or the “Company”) today announced that it has executed a non-binding Letter of Intent (“LOI”) with Earth Science Fund I, LLC (“ESF”) and Kepler Fusion Technologies Inc. (“Kepler”). The LOI outlines the framework for a proposed business combination and a planned change of control designed to prepare the combined company for its role as an emerging leader in compact, aneutronic fusion energy systems.
Kepler Fusion Technologies is developing the Texatron™, a next-generation aneutronic fusion-based power system engineered for deployment in industrial, commercial, remote, and grid-constrained environments. The Texatron™ utilizes:
This fusion pathway highlighted as a “clean fusion” process produces close to no radioactive byproducts, generating only helium-4 and direct electrical output. Kepler’s business model is structured around owning and operating its fusion units while selling electricity to end-users under long-term agreements measured in kilowatt-hours. This “power-as-a-service” strategy is intended to support customers with long duration and high reliability requirements, including heavy industry, data centers, manufacturing facilities, and operators in areas with unreliable or capacity-limited grids.
The Texatron™ platform has been engineered as a scalable green-energy alternative capable of addressing the multi-terawatt-scale market demand. Kepler projects long-term deployment potential within large-scale industrial and commercial markets as demand for non-intermittent, emissions-free energy continues to grow.
A formal third-party valuation of Kepler’s technology assets and operational model is underway in preparation for the proposed transaction. The company has also initiated engagement with PCAOB-registered audit firms to complete a two-year audit of its financial statements, an essential milestone for SEC reporting.
Renewal Fuels has now completed service of process in the legal complaint filed in Washington State against Justin Costello, the former Chairman and CEO, a step expected to result in the return and cancellation of 1,683,000,000 shares within the next sixty (60) days. In addition, RNWF has also finalized settlement of all remaining non-related third-party debt, leaving no outstanding potentially dilutive external obligations of this nature on the Company’s balance sheet.
These steps are an integral part of combined group’s broader plan to prepare the combined company for an expedited up-listing to Nasdaq or, alternatively, to the newly launched Texas Stock Exchange (TXSE), subject to meeting listing and regulatory requirements.
Under the LOI:
Both the change of control and the acquisition of Kepler are expected to become effective simultaneously at closing.
“Kepler’s proprietary fusion power platform has the potential to fundamentally reshape how industrial and commercial energy is produced and delivered,” said Brent Nelson, CEO of Kepler Fusion Technologies. “Our internal modeling and technical assessments indicate that the Texatron platform is engineered for continuous, zero-emissions baseload applications capable of supporting infrastructure-scale demand, including use cases that historically require approximately 4,000 TWh annually of reliable power capacity. In prior deployment analyses, Kepler has evaluated commercial scenarios involving long-duration power purchase agreements at indicative pricing levels in the range of $0.0625 per KWh, and system configurations designed to operate within markets representing an estimated industrial and commercial baseload demand of annual electricity consumption.”
“These evaluations are preliminary and are based on engineering readiness, validation milestones, and commercial-use assumptions reflected in our development roadmap,” Nelson continued. “We believe the combination with RNWF will provide the public-company structure needed to advance commercialization efforts, support institutional engagement, and prepare the business for larger-scale deployment opportunities.”
“This LOI marks an important step in transforming RNWF into a development-stage clean-energy company centered around a truly disruptive fusion technology,” said Richard Hawkins, CEO and President of Renewal Fuels, Inc. “Kepler’s power-as-a-service model offers the potential for significant long-term value creation, and we look forward to advancing our due diligence and negotiating the definitive agreements.”
The LOI is non-binding and does not obligate any party to proceed with the transaction. Completion remains subject to satisfactory due diligence, execution of definitive agreements and regulatory and corporate approvals. There is no assurance that any transaction will be completed.
Renewal Fuels, Inc. (OTC: RNWF) is a Delaware corporation that has recently completed a comprehensive corporate reset, achieving full OTC Markets compliance, eliminating toxic debt, and restoring a clean governance and capital structure. The Company is focused on disciplined execution of strategic transactions designed to enhance long-term shareholder value. Renewal Fuels also owns MicroCap Advisors, its wholly owned advisory subsidiary supporting corporate development and acquisition activities. For more information visit: www.renewalfuels.net
Kepler Fusion Technologies is an advanced-energy company developing a compact, aneutronic fusion power system designed for global deployment. Its Texatron™ platform is engineered to deliver clean, continuous, emission-free electricity with no radioactive waste. For more information, visit: www.keplerfusion.com.
A supplemental presentation outlining Kepler Fusion Technologies’ platform, commercial model, and preliminary deployment framework has been made available for investors and stakeholders. The presentation can be accessed at the following link: Kepler Texatron Project.
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Sourse: Renewal Fuels, Inc.