MARKET WIRE NEWS

Renewal Fuels, Inc. (OTC: RNWF), Operating as American Fusion, Appoints Andrew S. Mikulski as Independent Director and Provides Patent Portfolio Update for Texatron Fusion Platform

MWN-AI** Summary

Renewal Fuels, Inc. (OTC: RNWF), operating as American Fusion, has recently appointed Andrew S. Mikulski as an independent director to its Board, enhancing its governance as it progresses with the development of its Texatron fusion platform through its subsidiary, Kepler Fusion Technologies. Mikulski, 34, brings a wealth of experience in power electronics and advanced electrical systems, having worked in high-stakes sectors such as aerospace and defense. Currently, he holds a product management role at KEMET Electronics and has previously contributed to Textron Systems' advanced technologies. His expertise is expected to strengthen the technical oversight of the Company, aligning with Renewal Fuels' mission of harnessing fusion energy.

In addition to the board appointment, the company provided significant updates regarding its intellectual property portfolio, filing eight new patent applications related to the Texatron platform. These new filings focus on innovative design elements integral to the platform's technology, which emphasizes modular and scalable energy solutions. The patents cover various aspects such as toroidal chambers and advanced fusion confinement mechanisms, crucial for the ongoing development of the system.

Renewal Fuels’ intellectual property strategy is pivotal for establishing protections around its technology, with the goal of fostering long-term commercialization of fusion energy systems. The Company has previously announced a total of twenty patent applications that encompass various innovative designs and systems related to the Texatron architecture. Brent Nelson, CEO of Kepler Fusion Technologies, remarked on the deliberate sequencing of these filings to align with engineering advancements, indicating a proactive approach to both technology development and regulatory positioning within the burgeoning fusion energy sector.

MWN-AI** Analysis

Renewal Fuels, Inc. (OTC: RNWF) presents an intriguing investment opportunity as it positions itself in the burgeoning fusion energy sector. The recent appointment of Andrew S. Mikulski as an independent director adds considerable depth to the board, which should attract investor confidence. Mikulski’s strong background in electrical engineering and experience in critical industries such as aerospace and defense align well with the technical rigor required for advancing the Texatron fusion platform.

The company’s strategic focus on developing and expanding its intellectual property portfolio is notable, having recently filed eight additional patents related to the Texatron platform. This ongoing commitment to protecting innovation is vital as it not only enhances the company's competitive edge but also positions RNWF favorably for long-term commercialization. An extensive patent portfolio strengthens the company's market positioning, as it mitigates risks associated with intellectual property infringement.

Investors should consider the implications of the increasing regulatory scrutiny and the potential for future uplisting to a national exchange, which could amplify RNWF's visibility and liquidity. Moreover, the fusion energy market is rapidly evolving, and those investing in associated technologies may wish to evaluate market trends, competition, and regulatory developments that could impact RNWF's progress.

Short-term volatility is to be expected, given RNWF's current OTC status, so risk-aware investors should maintain a balanced portfolio approach. However, with the company's proactive governance and emphasis on a robust development strategy, the long-term prospects appear promising. In conclusion, while caution is warranted, RNWF could represent a compelling investment opportunity for those seeking exposure to innovative energy solutions with potential high growth.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

SOUTHLAKE, Texas, March 09, 2026 (GLOBE NEWSWIRE) -- Renewal Fuels, Inc. (OTC: RNWF) (“RNWF”, “American Fusion” or the “Company”), today announced the appointment of Andrew S. Mikulski as an independent member of the Company’s Board of Directors and provided an update regarding additional patent filings supporting the Texatron™ fusion platform being developed by its subsidiary, Kepler Fusion Technologies.

Independent Director Appointment

The Company announced that Andrew S. Mikulski has been appointed to serve as an independent director of the Company effective March 6, 2026. With this appointment, the Company now has two independent directors serving on its Board, consistent with corporate governance standards commonly required for companies seeking listing on a national securities exchange.

Mr. Mikulski, 34, is an electrical engineer and advanced electronics industry professional with experience across power electronics, magnetics, sensors, actuators, and high reliability electrical systems used in aerospace, defense, industrial, and energy infrastructure applications.

He currently serves as Product Manager for Magnetics, Sensors and Actuators at KEMET Electronics Corporation, a subsidiary of Yageo Corporation, where he provides technical and commercial leadership across the Americas supporting electromagnetic component technologies used in power conversion systems, industrial automation platforms, sensing systems, and advanced electrical architectures.

Earlier in his career, Mr. Mikulski served as an Electrical Engineer at Textron Systems where he contributed to the development and validation of advanced defense technologies including electrical system testing, hardware integration, and failure analysis supporting precision weapons systems.

Mr. Mikulski also serves as Co-Chair of the Power Sources Manufacturers Association Capacitor Committee, helping support global industry collaboration and technical standards within the passive electronic components sector. 

Management believes Mr. Mikulski’s background in electrical system architecture, power electronics, and high reliability engineering provides valuable technical oversight as the Company advances the development and commercialization of the Texatron fusion energy platform.

“Andrew brings a strong engineering foundation and practical experience working with complex electrical systems used in demanding environments such as aerospace, defense, and industrial infrastructure,” said Richard Hawkins, CEO of Renewal Fuels, Inc. “As the Company continues advancing the Texatron platform, having board level oversight from individuals who understand power electronics, system architecture, and engineering commercialization adds meaningful depth to the Company’s governance and technical perspective.”

Additional background on Mr. Mikulski’s professional experience is available on his LinkedIn profile

Patent Portfolio Update

The Company also announced that eight additional patent applications have recently been filed with the United States Patent and Trademark Office covering additional design elements associated with the Texatron fusion platform.

The newly filed applications include:

  1. 19/558,333 - Toroidal Chamber Formed by Two Half-Shells with Rifled Interior Surface Conductive Ring
  2. 19/558,414 - Toroidal Rifled Interior Chamber Formed by Two Shells with Conductive Ring
  3. 19/559,532 - Clamshell Housing Forming a Toroidal Interior Chamber having Rifling and a Conductive Center Piece
  4. 19/559,944 - Toroidal Chamber Formed by a Clamshell Housing with a Rifled Interior Surface
  5. 19/559,995 - A Fusion System with a Clamshell having a Rifled Geometric Shape and a Conductive Ring
  6. 19/560,029 - A Fusion Confinement Device with an Electronic Controller Operable to Control a Plurality of Pulses to the Fusion Confinement Device
  7. 19/560,073 - A Fusion Confinement Device Forming a Toroidal Interior Chamber with a Rifling and an Electronic Controller to Control a Plurality of Pulses of Electrical Energy To the Rifling
  8. 19/560,120 - A Fusion System that Includes a Housing having a Hollow Toroidal Interior Chamber and an Interior Surface, and the Interior Surface of the Housing having a Rifled Geometric Shape to which Electrical Energy is Pulsed

These filings further expand the Company’s growing intellectual property portfolio supporting the Texatron architecture and related system level design innovations.

Intellectual Property Development Strategy

The Company’s intellectual property strategy is designed to establish layered protections across reactor architecture, electromagnetic confinement systems, fuel cycle management, and integrated energy system design elements supporting the Texatron platform.

Management indicated that patent filings are being sequenced to align with ongoing engineering refinements and long term commercialization objectives.

Brent Nelson, CEO of Kepler Fusion Technologies, commented, “Our intellectual property strategy is being built deliberately around the core architecture of the Texatron system. Each filing is designed to protect critical elements of the reactor geometry, electromagnetic confinement approach, and system level engineering that supports our aneutronic fusion pathway. As development progresses, we expect the portfolio to continue expanding in parallel with ongoing engineering refinement and validation.”

The Company previously announced that twenty patent applications had been filed covering structural, confinement, and electromagnetic design elements of the Texatron system, with additional filings expected to follow as development progresses.

Management believes the continued expansion of the Company’s intellectual property portfolio will play a central role in supporting long term technology development, regulatory positioning, and future commercial deployment of fusion energy systems.

For more information about American Fusion, Kepler Fusion Technologies and its Texatron™ platform, please visit: www.keplerfusion.com and americanfusionenergy.com

About Renewal Fuels, Inc. and American Fusion

Renewal Fuels, Inc. (OTC: RNWF) is an advanced energy platform company focused on the development and commercialization of fusion energy technologies through its wholly owned subsidiary, Kepler Fusion Technologies. Following its previously announced merger with Kepler, the Company is operating under the American Fusion brand and has filed a corporate action with FINRA to change its legal name to American Fusion Inc. The Company’s strategy is centered on building a scalable, infrastructure-grade fusion energy platform supported by proprietary technology, disciplined intellectual property development, and long-term commercial deployment objectives.

About Kepler Fusion Technologies

Kepler Fusion Technologies is an advanced energy technology company developing the Texatron™ aneutronic fusion platform. Kepler’s technology is designed to support modular, infrastructure-grade deployment for industrial, commercial, and grid-constrained applications. The Company’s development strategy emphasizes system-level engineering, disciplined intellectual property protection, and scalable architectures intended to support long-term commercial operation. Kepler Fusion Technologies operates as a wholly owned subsidiary of Renewal Fuels, Inc. (OTC: RNWF).

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the Company’s plans, objectives, expectations, and intentions, such as statements relating to technology development and commercialization, patent filings, regulatory initiatives, SEC registration, audit completion, exchange uplisting, and future business operations. Words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “plan,” “potential,” “should,” and “will” identify forward-looking statements. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially, including risks related to technology development, intellectual property protection, regulatory approvals, capital availability, audit and SEC reporting timelines, exchange requirements, litigation matters, and general market and economic conditions. This release is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. The Company undertakes no obligation to update forward-looking statements except as required by law.

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FAQ**

How does the appointment of Andrew S. Mikulski as an independent director impact the strategic direction of Renewal Fuels Inc RNWF, particularly in relation to the development and commercialization of the Texatron fusion energy platform?

The appointment of Andrew S. Mikulski as an independent director positions Renewal Fuels Inc RNWF to leverage his expertise and industry connections, potentially accelerating the strategic development and commercialization of the Texatron fusion energy platform.

With the recent patent filings supporting the Texatron™ fusion platform, how does Renewal Fuels Inc RNWF plan to leverage its expanding intellectual property portfolio to establish a competitive advantage in the fusion energy market?

Renewal Fuels Inc. (RNWF) plans to leverage its expanding intellectual property portfolio from the Texatron™ fusion platform to secure exclusive technologies, enhance operational efficiencies, and attract strategic partnerships, thereby establishing a strong competitive advantage in the fusion energy market.

What specific engineering refinements does Renewal Fuels Inc RNWF anticipate making to the Texatron system as it progresses towards long-term commercialization objectives, and how will these impact future patent applications?

Renewal Fuels Inc. anticipates engineering refinements to the Texatron system that enhance efficiency and scalability, which will likely lead to new innovations eligible for future patent applications, ultimately supporting long-term commercialization objectives.

How does the management of Renewal Fuels Inc RNWF evaluate the potential regulatory and market challenges related to the commercialization of fusion energy systems, especially as it aims for national securities exchange listing?

Renewal Fuels Inc evaluates potential regulatory and market challenges for fusion energy commercialization by conducting thorough risk assessments, engaging with regulatory bodies, and analyzing market trends to ensure compliance and competitiveness in preparation for its national securities exchange listing.

**MWN-AI FAQ is based on asking OpenAI questions about Renewal Fuels Inc (OTC: RNWF).

Renewal Fuels Inc

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