TAE, Black Moon Energy Corporation Enter into Strategic Helium-3 Supply and Commercialization Agreement for Fusion Power
The agreement supports the future commercialization of fusion power through a prospective helium-3 (He-3) fuel supply option and commercial development collaboration.
The joint venture from TAE Technologies and the UK Atomic Energy Authority, focused on commercializing particle accelerator technology for fusion and non-fusion applications, is now fully funded and formally established in the UK.
The tour included visits to Alabama, Ohio and Texas, where meetings and on-site evaluations addressed a range of factors relevant to deployment, including infrastructure readiness, grid connectivity, land access, workforce availability, transportation access, state and local incentives, and long-term development potential.
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TAE CEO Michl Binderbauer explains why fusion has reached a true inflection point on the road to commercialization — a pivotal moment that has also sparked advancements in other essential markets, from energy storage to cancer treatment.
Scientists dreaming of fusion are no longer toiling in the shadows. They are being courted by governors, billionaires and tech behemoths eager to get in on the ground floor of what they see as a transformative, carbon-free fusion economy. TAE, for example, is so closely collaborating with Google on its work that the Silicon Valley tech giant has a virtual control room on its campus enabling it to engage with the fusion firm’s experiments.
Scientists dreaming of fusion are no longer toiling in the shadows. They are being courted by governors, billionaires and tech behemoths eager to get in on the ground floor of what they see as a transformative, carbon-free fusion economy. TAE, for example, is so closely collaborating with Google on its work that the Silicon Valley tech giant has a virtual control room on its campus enabling it to engage with the fusion firm’s experiments.
TAE’s relationship with UC Irvine has been a critical cornerstone of the company’s development. From the earliest days, the university provided the company with credibility, resources, and an innovative ecosystem that enabled the company’s growth.
Since 2014, Google computer scientists have worked with engineers at TAE to use machine learning (a form of AI) to find the ideal settings for a fusion device.
TAE, Black Moon Energy Corporation Enter into Strategic Helium-3 Supply and Commercialization Agreement for Fusion Power
The agreement supports the future commercialization of fusion power through a prospective helium-3 (He-3) fuel supply option and commercial development collaboration.
TAE Technologies appoints Jeff Woodbury as President and COO to lead commercial operations as the fusion energy company advances construction of its first utility-scale fusion power plant.
The joint venture from TAE Technologies and the UK Atomic Energy Authority, focused on commercializing particle accelerator technology for fusion and non-fusion applications, is now fully funded and formally established in the UK.
The tour included visits to Alabama, Ohio and Texas, where meetings and on-site evaluations addressed a range of factors relevant to deployment, including infrastructure readiness, grid connectivity, land access, workforce availability, transportation access, state and local incentives, and long-term development potential.
TAE Technologies commenced site visits across multiple U.S. locations as part of its siting and development process for its first fusion power plant.
The visits, scheduled across the United States, are part of a broader evaluation effort to identify locations capable of supporting the development, construction and long-term operation of TAE’s initial 50 MWe fusion facility and future utility-scale deployments.
Da Vinci is moving from blueprint towards build.
Our first commercial-scale fusion power plant, Da Vinci, has completed its key designs. We’re advancing through the siting process with plans to begin construction later this year. All with the goal to begin producing fusion power in 2031.
That milestone builds on nearly 30-years of progress across five generations of fusion machines. Each designed to reduce risk and inform the power plant that follows.
Learn more about our commercialization roadmap: https://tae.com/
Click here for important information about forward-looking statements and other disclosures: https://tae.com/tae-disclaimers/
Building the future of fusion energy takes more than breakthrough technology. It takes the right partners.
TAE Technologies has entered into a strategic agreement with Black Moon Energy Corporation (BMEC) to help establish a future helium-3 fuel supply pathway as we continue preparing for commercial fusion power.
The agreement also reflects the flexibility built into TAE’s technology as future fusion fuel markets continue to develop.
Every partnership helps strengthen the foundation needed to bring fusion energy to market. As we move toward Da Vinci, our first commercial fusion power plant expected to begin operations in 2031, we’re building the ecosystem that will help make clean, abundant energy a reality.
It’s another exciting milestone in our journey from scientific innovation to commercial deployment.
Learn more about what we’re building: https://tae.com/tae-technologies-and-black-moon-energy-corporation-enter-into-strategic-helium-3-supply-and-commercialization-agreement-for-fusion-power
Click here for important information about forward-looking statements and other disclosures: https://tae.com/disclaimer/
Fusion is coming sooner than markets think.
Thanks to @Veriten #COBT for visiting TAE headquarters and taking a deeper look at our path to commercial fusion, Da Vinci, and the future of fusion power.
Listen here: https://veriten.com/stream/cobt-336/
Today we’re introducing a new member of our team: Cedric Burgher has joined TAE Technologies as Chief Financial Officer: https://tae.com/tae-technologies-announces-cedric-burgher-as-chief-financial-officer/
With more than two decades of financial leadership experience in publicly traded energy companies, Burgher will play a key role as we construct our first utility-scale fusion power plant and scale toward public company readiness.
“TAE has the potential to redefine global energy,” said Burgher. “Delivering on that opportunity requires rigorous financial stewardship and disciplined capital allocation. I look forward to working with the team as we build the foundation necessary to support the development of fusion power plants.”
Our mission to deliver commercial fusion power starts with our preferred fuel, hydrogen-boron (also known as p-B11 or p-11B), which is non-radioactive, safe and abundant.
Hydrogen-boron is an ideal fuel source for fusion reactions because it’s:
🌳 Safe and sustainable
🌊 Abundant in nature and commonly mined on Earth
🎈 Less expensive than other fusion fuels, enabling scalable, cost-competitive electricity production.
Through our partnership with Japan’s National Institute for Fusion Science (NIFS), our scientists are experimenting with hydrogen-boron to gain insight for our commercial fusion concept.
Today, we’re congratulating the TAE-NIFS team on a major milestone: their recent publication in the journal Nuclear Fusion about an innovative heating method that combines radio frequency waves with neutral particle beams to enhance the hydrogen-boron fusion reaction rate: https://lnkd.in/ezcdnCYZ
This publication results from years of collaboration between TAE and NIFS, and it points to a promising method for generating clean, safe and cost-effective fusion energy.⚡