Ottawa, Ontario – December 9, 2025 – Invest Ottawa is proud to welcome Fusion Fuel Cycles Inc. (FFC), a joint venture between Canadian Nuclear Laboratories and Kyoto Fusioneering, to Bayview Yards.

With a ribbon-cutting event, the company officially opened its new Ottawa office today, which will serve as the engineering and corporate coordination hub for UNITY-2, the world’s first commercially relevant fusion fuel cycle demonstration facility.

By anchoring at Bayview Yards, FFC is accelerating collaboration with policymakers, researchers, and industry leaders across Canada and abroad. The UNITY-2 project will validate critical processes, from tritium management to isotope separation and exhaust recycling, and strengthen Canada’s position as a leader in the global clean energy economy.

“Fusion Fuel Cycles’ decision to establish its office at Bayview Yards underscores Ottawa’s role as a testbed and launchpad for technologies that can change the world,” said Sonya Shorey, President and CEO of Invest Ottawa. “UNITY-2 is more than a breakthrough in clean energy. It’s an opportunity to create high-value jobs, strengthen sovereign supply chains, and deliver sustainable economic and environmental benefits for Canadians. We are honoured to collaborate with FFC and partners across government, academia, and industry to advance this transformative initiative.”

Yasir Naqvi, Member of Parliament for Ottawa Centre remarked on the collaborative strengths that innovative companies can draw on in the Ottawa region, and praised FCC for choosing to expand into the area. 

“Countries and businesses around the world want to do more business with Canada,” he said. “There is this incredible appetite because they realize that we are a stable country, a predictable partner, that we’ve got some of the brightest people coming from all parts of the world that call themselves Canadians – that is our strength. And when companies like Fusion Fuel Cycles really step up to the plate with innovative technologies and solutions, you’re affirming what people think of Canada.”

Member of Provincial Parliament for Renfrew- Nipissing – Pembrooke Billy Denault echoed how the company’s expansion demonstrates the strength of innovation both in Ottawa and beyond. 

“On behalf of the province of Ontario, it’s exciting to celebrate another chapter in Ontario’s nuclear energy story with the opening of the Fusion Fuel Cycles Ottawa office,” he said. “Today, we celebrate growth and opportunity here in Ottawa, but we also celebrate the future of Ontario – a future powered by clean, reliable and homegrown energy – a future supported by world-class innovation and a future where Ontario stands as a global leader.”

Over the next five years, UNITY-2 is expected to generate more than 50 high-tech jobs in Ottawa and across Canada, expanding to more than 250 as operations grow. The project will also deliver training and workforce development opportunities through partnerships with Canadian and Japanese universities, and advance reconciliation through engagement with Indigenous communities, including the Algonquins of Pikwakanagan First Nation.

With UNITY-2, FCC’s Ottawa team is helping shape the future of fusion energy, a zero-carbon solution with the potential to displace up to 90 megatons of CO₂ annually by 2050.

• Learn more about Fusion Fuel Cycles: ffc.inc

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About Invest Ottawa

Invest Ottawa is the lead economic development agency for knowledge-based industries in Canada’s Capital Region, facilitating economic growth and job creation in Ottawa. Guided by a vision to help realize Ottawa’s full potential as a globally recognized, innovative, inclusive, and future-ready city, Invest Ottawa delivers venture development, global expansion and talent programs and services that catalyze the growth and success of entrepreneurs and firms. These include small business training, mentorship, acceleration for technology firms, foreign business and investment attraction, local business retention and expansion in targeted sectors, commercialization, and marketing Ottawa’s diversified economy and high quality of life.

Invest Ottawa is also the manager of Bayview Yards, Ottawa’s innovation hub and one-stop business acceleration shop, and founder and operator of Area X.O, the R&D complex for next-gen smart mobility, autonomy, and connectivity technologies. Since 2017, Invest Ottawa has delivered $3.7 billion in GDP impact, 29,343 jobs, and $622 million in government revenues.