TAE shortens device roadmap, prepares for commercial era
TAE’s Norm machine – the first to produce FRC plasmas with only neutral beam injection – has performed beyond expectations, leapfrogging a planned sixth device, Copernicus
TAE Technologies raises $150 million in latest funding round
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.
Occidental Low Carbon Ventures and TAE Technologies Explore Fusion Energy for Direct Air Capture Facilities
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.
First measurements of hydrogen-boron fusion in a magnetically confined fusion plasma
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.