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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.
Google, the search giant owned by parent company Alphabet, has partnered with TAE since 2014, providing the fusion startup with artificial intelligence and computational power. But this marks Google’s first cash investment in TAE.
Our current domestic electrical grids are woefully inept to integrate necessary renewable energy sources. The answer to solving this problem lies within a new approach to energy use: one that focuses on optimizing the way customers and their technologies interact with the grid.
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.
World’s most powerful field-reversed configuration plasma generator steps company closer to delivering Friendly Fusion.
Fusion energy leader receives recognition as one of the most innovative and promising ideas in cleantech.