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.
TAE Technologies Announces Cedric Burgher as Chief Financial Officer – Burgher brings more than two decades of financial leadership experience in capital-intensive, publicly traded energy companies, including serving as CFO of Occidental Petroleum, QR Energy and KBR, Inc.