Blog

The Future Looks Bright: CEO Michl Binderbauer reflects on the last 20 years of TAE Technologies and what the new decade holds for fusion research and more.

Warm wishes for a Happy Thanksgiving from TAE Technologies + a message from our CEO Michl Binderbauer about things to be grateful for this year.

In April 1998, a group of determined scientists, inventors and visionaries founded the company now known as TAE Technologies with $1000 and one goal in mind: Creating a source of safe, carbon-free, on-demand energy that doesn’t harm the environment and is available to everyone equally around the world.

The need for safe, sustainable, limitless energy is as great now as it’s ever been, both to mitigate climate concerns and because creating clean energy resources raises global living standards for everyone. Access to clean energy, particularly in developing countries, leads to economic equality, energy independence, job creation and overall geopolitical stability.

The TAE Technologies modeling group has won a 2018 US Department of Energy INCITE (Innovative and Novel Computational Impact on Theory and Experiment) award on the Argonne Leadership Computing Facility’s Theta supercomputer. The award is for 31MCH (million core hours), which is equivalent to 100MCH on ALCF’s Blue Gene supercomputer, Mira, and will be used to accelerate our research in creating clean fusion energy.