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Nuclear energy is having a moment. Last month, TAE Technologies Inc., a nuclear fusion company in southern California, raised $250 million. Industry watchers describe the company’s approach, which requires creating a fusion reaction in incredibly high heat, as perhaps the biggest scientific gamble in the field.
Some companies are exploring different fuels as well as different designs. California-based TAE Technologies, which has been in business since 1998, is building a nuclear reactor that’s designed to fuse hydrogen with boron-11 by colliding plasma “smoke rings” inside a long, cigar-shaped chamber. This setup would need to hit temperatures even higher than those in tokamaks. But if scaled-up versions work, they could generate electricity without the neutron fusillade.
TAE Technologies in Foothill Ranch is one step closer to making its ambitious dream of tapping into almost limitless supplies of energy come true, and is expanding its operations to Irvine to help move those plans forward.
TAE Technologies Inc., a nuclear fusion startup backed by Alphabet Inc.’s Google, Chevron Corp. and Japan’s Sumitomo Corp., hopes to see an “essential milestone” on its path to build a commercial fusion reactor by the middle of this decade. TAE’s efforts received a kickstart in July as the fusion startup secured $250 million in its latest funding round.
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.
TAE Technologies recently welcomed the Department of Energy and Secretary Rick Perry for a tour of our National Laboratory-scale platform, Norman. “It was an honor to host the Secretary and share with him our enthusiasm for the opportunities our fusion pathway can provide,” said CEO Michl Binderbauer.
TAE Technologies is proud to announce new executive appointments to lead the next phase of the company’s growth: Michl Binderbauer has been named Chief Executive Officer, assuming leadership from retiring CEO Dr. Steven Specker. Former GE Chairman and CEO Jeffrey R. Immelt joins the company’s Board of Directors.
Energy Manager Today 75 Award recognizes excellence in environmental sustainability and energy management.
TAE Life Sciences leverages fusion energy breakthroughs to provide technology for a promising, investigative cancer treatment.
Caring about the environment includes protecting our winters. It’s why TAE is a proud sponsor of Natural Selection Tour and its mission to preserve the beauty of mother nature.
The faster we can achieve a carbon-free future, the better we can conserve the natural world.
Check out Travis Rice and our journey toward a complete clean energy ecosystem:
Our work is about investing in the future, and that includes building the next generation of scientific innovators. TAE’s Manager of Program Management Tania Schindler was honored to join the brilliant students in Irvine Unified School District as the keynote speaker on physics careers for this year’s Science Fair Awards Ceremony held at University Lab Partners, which left us inspired about the future talent coming out of our community.
Congratulations to all the participants!
We are always updating our research library with new peer-reviewed papers and posters, which have been presented at the 65th Annual Meeting of the APS Division of Plasma Physics, as well as the 29th Fusion Energy Conference hosted by the International Atomic Energy Agency (IAEA).
Take a look here: Research Library
It was a pleasure to host California’s Lt. Gov. Eleni Kounalakis at our Foothill Ranch HQ this week! We had the opportunity to share our progress, provide a tour of our fifth-generation fusion device, and give the Lt. Gov. a sneak peek into the breakthrough technologies for the grid and electric vehicles that we’re building with our TAE Power Solutions team.