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If I already own Fission and update to Physion, will my existing Fission license still work?

Yes, the license is the exact same. In iLok License Manager, you may notice that the name of the license is still "Fission." You can update it by following these instructions.

Whether you update the name in the iLok License Manager or install the updated plug-in, your license will still work. If it does not, please contact support.