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Nuclear fusion energy startups are moving toward defense-related partnerships and funding at a time when climate technology financing is slowing. This convergence gives companies an additional source of capital, but it ties the development path of power plants to military and security applications that are still in their early stages.
L3Harris Technologies appointed Sam Mehta as chief executive officer and chairman of its board after Christopher Kubasik stepped down following a board investigation into conduct the company said violated its code of conduct. The change comes as the company reorganizes its businesses and prepares for an expected increase in U.S. spending on missile defense and national security space programs.