Clean energy solutions
for a bright future.
A company on a mission.
TAE was founded in 1998 to develop the ultimate clean energy solution: a commercial fusion power source that is compact, cost-effective, capable of sustaining the planet for centuries, and safe in every way. The patented technologies created for TAE’s unique approach to fusion are now being leveraged for adjacent innovations in electric mobility, power management, and more. In all sectors and around the world, TAE is committed to creating a bright future for us all.
Investments in privately funded fusion ventures grow
Investments in private fusion ventures from billionaires, venture capital firms, philanthropists, and even oil and gas majors have grown in the past year. Measured by the amount of capital raised, TAE Technologies in Orange County, California, leads the pack at $750 million. That’s up by $150 million from early 2019, when named investors included the late former hedge fund manager Arthur Samberg, Charles Schwab, former Morgan Stanley CEO John Mack, venture capital firms New Enterprise Associates and Venrock, the UK’s Wellcome Trust, several sovereign funds, and Alphabet. CEO Michl Binderbauer says that list remains largely unchanged.