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The move allows the parent company to focus on its fusion, and the new entity to focus on its battery technology for vehicles and renewable storage facilities.
With more than a dozen companies working on different designs to trigger and control fusion reactions, researchers have also come up with innovative systems that can be used in applications from medicine to industrial imaging to electric vehicles. Creating businesses around these products can generate revenue now that will help support the end-goal of a fusion power plant, said Michl Binderbauer, chief executive officer of TAE Technologies Inc.
Fusion is another zero-emissions alternative to fossil fuels and radioactive nuclear energy
With commercialization years away, investors flock to technology’s long-term clean-energy potential
Michl Binderbauer is chief executive of a southern California firm that aims to create almost limitless energy through nuclear fusion, a starry goal that at times struck some prospective investors as futuristic.
Scientists hit a key milestone in the quest to create abundant zero-carbon power through nuclear fusion. But they still have a long way to go.
The Department of Energy plans to announce Tuesday that scientists have been able for the first time to produce a fusion reaction that creates a net energy gain — a major milestone in the decades-long, multibillion-dollar quest to develop a technology that provides unlimited, cheap, clean power.
TAE Technologies has raised more than $150 million in its latest funding round, exceeding the company’s initial target for the round. Chevron, Google and NEA participated, among other new and existing investors.
Experimental results published in the peer-reviewed journal Nature Communications prove TAE’s streamlined approach to form and optimize plasma in its Norm machine increases efficiency, significantly reduces complexity and cost, and accelerates the company’s path to net energy and commercial fusion power.
Oxy Low Carbon Ventures (OLCV) and TAE Technologies signed a memorandum to explore using TAE’s fusion technology for emissions-free power and heat in Direct Air Capture (DAC) facilities. The partnership aims to integrate fusion energy with Occidental’s clean energy sources for DAC operations.
Earning the BioTech Breakthrough Award for Oncology Innovation of the Year validates the progress TAE Life Sciences has made in readying its Alphabeam BNCT system for clinical trials worldwide
North Carolina has enacted landmark energy legislation that recognizes fusion technology’s safety and environmental benefits. Senate Bill 678 demonstrates the state’s commitment to investing in fusion as a new clean electricity source that can be an important part of the state’s energy mix.
Congratulations to Senior Scientist Roelof Groenewald, Science Fellow Dan Barnes and the rest of the TAE team on winning a 2025 INFUSE Award!
This @U.S. Department of Energy research grant will support TAE’s work with a new algorithm that can perform higher fidelity simulations of plasma behavior — capturing crucial, previously unseen details that will advance our development of a cost-effective fusion machine.
The algorithm is an upgraded Darwin model, enhanced by TAE Science Fellow Dan Barnes to run faster and in 3D. TAE will partner with @Lawrence Berkeley National Laboratory to implement this new approach into the open-source code, WarpX, and use it to simulate plasma performance in our current machine.
As a company founded out of @UC Irvine, we’re proud to continue our tradition of intentional public-private partnership to deliver the cleanest and safest commercial fusion power. Thank you to the DOE for investing in the future of fusion, and thank you to our LBNL colleagues for their collaboration!
Want to learn more about TAE’s advanced simulations? Add these “Good Clean Energy” episodes to your podcast playlist:
– Proving FRC fusion stability at scale, with Senior Scientist Roelof Groenewald
TAE Senior Scientist Roelof Groenewald talks with “Good Clean Energy” as his team’s new research upends one of the biggest FRC myths in fusion science. Listen here.
Looking for more? Chief Growth Officer and “Good Clean Energy” host Jim McNiel explores what this research reveals about persistence on the path to commercial fusion power: on LinkedIn
Commercial fusion demands persistence, and the right partners. We’re proud to say we have both as Google renews its commitment to TAE.
For more than 10 years, Google and TAE have worked together to advance fusion science with cutting-edge machine learning.
The collaboration has been instrumental to our scientific progress, including our most recent breakthrough: A simplified, first-of-its-kind fusion machine called “Norm” that reduces the complexity and cost of a future fusion power plant.
We’re building fusion that’s safe, practical and engineered to scale for the world’s energy demands. With partners like Google, we’re getting there faster.
https://tae.com/tae-technologies-raises-150-million-in-latest-funding-round
What makes TAE’s approach to commercial fusion so unique?
It starts with a specific fusion machine design called the Field-Reversed Configuration – a powerfully efficient method that TAE has advanced with our suite of original technologies.
But that’s not all. Listen to our “Good Clean Energy” interview with TAE CEO Michl Binderbauer to hear more about the advantages of our fusion technology and how we’ll use it to deliver commercial fusion power:
We were delighted to host UK Minister for Investment Poppy Gustafsson and HM Trade Commissioner Oliver Christian at our California headquarters for a tour of our first-of-its-kind fusion reactor prototype, Norm, and our fusion-enabled technologies.
Whether it’s with our hydrogen-boron fusion development; our transformative cancer therapy at TAE Life Sciences; or our more intelligent power management systems at TAE Power Solutions, we’re committed to advancing the frontiers of science for humanity’s benefit around the world. We’re thrilled to have collaborators in the UK and beyond as fellow innovators building a cleaner, healthier and brighter future for all.