TAE Power Solutions’ new offices in Dudley will be a battery prototype-and-test facility to develop, validate, and industrialize modular battery packs for e-mobility and energy storage.
As fusion developers around the world race to commercialize fusion energy, TAE Technologies has pioneered the pursuit of the cleanest and most economical path to providing electricity with hydrogen-boron (also known as p-B11 or p11B), an abundant, environmentally sound fuel. Today the company is announcing, in collaboration with Japan’s National Institute for Fusion Science (NIFS), a noteworthy research advancement: the first-ever hydrogen-boron fusion experiments in a magnetically confined fusion plasma.
TAE Technologies, the world’s largest private fusion energy company, today announces the formation of TAE Power Solutions, a new subsidiary. TAE Power Solutions intends to deliver a first-of-its-kind technology to fundamentally improve the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.
Today we congratulate our colleagues at the Lawrence Livermore National Laboratory, many of whom we’ve known and worked alongside for decades in the pursuit of fusion.
The scientific break-even advancement represents a theory made reality. Fusion has long been dubbed the “holy grail” of clean energy and this advance brings us one step closer to true viability. Today’s net energy milestone validates a major breakthrough for the entire global field of fusion.
TAE Technologies, a private company founded to commercialize fusion energy with the cleanest environmental profile, has been awarded a highly competitive California Competes Grant by Governor Gavin Newsom’s Office of Business and Economic Development (GO-Biz).
The $17.4 million grant will directly support job creation in fusion development, as well as TAE’s rapidly expanding power management business.
Goldman Sachs selected Binderbauer from multiple industries to be honored at the two-day event.
TAE was founded to commercialize a completely safe, sustainable, non-radioactive source of carbon-free energy, capable of meeting humanity’s growing energy needs without impacting the environment.